Tainet Communication System (ROCO:4905) Receivables Turnover: 2.21 (As of Mar. 2026)

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ROCO:4905 Tainet Communication System Corp ROCO:4905
45 GF Score
Price NT$84.70
! 10 Warning Signs
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What is Tainet Communication System Receivables Turnover?

Tainet Communication System ROCO:4905 +10.00% 45 Receivables Turnover is 2.21 as of Mar. 2026. GuruFocus rates ROCO:4905 with a GF Score™ of 45/100. The stock has 10 warning signs investors should review. Among 2,468 Hardware companies, Tainet Communication System ranks better than 87.76% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Tainet Communication System's Revenue for the three months ended in Mar. 2026 was NT$208.8 Mil. Tainet Communication System's average Accounts Receivable for the three months ended in Mar. 2026 was NT$94.6 Mil. Hence, Tainet Communication System's Receivables Turnover for the three months ended in Mar. 2026 was 2.21.


Tainet Communication System  (ROCO:4905) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Tainet Communication System Receivables Turnover Related Terms


Tainet Communication System Receivables Turnover Historical Data

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The historical data trend for Tainet Communication System's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tainet Communication System Receivables Turnover Chart

Tainet Communication System Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.88 13.87 10.33 11.49 7.85

Tainet Communication System Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.08 2.68 2.23 2.24 2.21

ROCO:4905 vs CSCO, MSI, HPE: Receivables Turnover Comparison

For the Communication Equipment subindustry, Tainet Communication System's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tainet Communication System Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Tainet Communication System's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tainet Communication System's Receivables Turnover falls into.


ROCO:4905
45GF Score
Tainet Communication System Corp ROCO:4905
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tainet Communication System Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Tainet Communication System's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=726.755 / ((87.875 + 97.324) / 2 )
=726.755 / 92.5995
=7.85

Tainet Communication System's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=208.841 / ((97.324 + 91.914) / 2 )
=208.841 / 94.619
=2.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 2.21 mean?
Tainet Communication System (ROCO:4905) has a Receivables Turnover of 2.21 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Tainet Communication System and its competitors. According to the industry distribution chart, Tainet Communication System ranks #302 out of 2468 companies in the Hardware industry, placing it in the top 12.2%.
Is Tainet Communication System's Receivables Turnover too high?
Tainet Communication System's current Receivables Turnover is 2.21. The Hardware industry median Receivables Turnover is 4.97. Tainet Communication System's value of 2.21 is 55.5% below this industry median. Based on the distribution chart, Tainet Communication System ranks #302 out of 2468 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Tainet Communication System has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Tainet Communication System's Receivables Turnover compare to CSCO and MSI?
According to the Hardware industry distribution chart, Tainet Communication System ranks #302 out of 2468 companies for Receivables Turnover. This places Tainet Communication System in the top 12% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.97. Tainet Communication System's value of 2.21 is 55.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Hardware company?
The median Receivables Turnover among Hardware companies is 4.97, based on 2,468 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tainet Communication System's current Receivables Turnover of 2.21 is 55.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Tainet Communication System and its competitors. For the Hardware industry, the median Receivables Turnover is 4.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tainet Communication System's current Receivables Turnover is 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tainet Communication System stock overvalued right now?
Tainet Communication System (ROCO:4905) has a current Receivables Turnover of 2.21. The current Receivables Turnover is 2.21 and 55.5% below the Hardware industry median of 4.97. Tainet Communication System's overall GF Score™ is 45/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Tainet Communication System (ROCO:4905), the current Receivables Turnover is 2.21 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tainet Communication System Business Description

Address No.108, Ruiguang Road, 3 floor, Huyuan Li, Neihu District, Taipei, TWN, 114
Tainet Communication System Corp is a manufacturer of digital transmission and switching equipment, data terminal equipment, line interface equipment (including telemetry devices), communication and traffic. Manufacturing, processing, trading and installation engineering business of replacement equipment, programmable power supplies, etc.
45GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$84.70
Price