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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. Litemax Electronics's Revenue for the
three
months ended in Mar. 2026 was NT$343 Mil. Litemax Electronics's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$248 Mil.
Hence, Litemax Electronics's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.39.
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.
Litemax Electronics Receivables Turnover Related Terms
Litemax Electronics Receivables Turnover Historical Data
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The historical data trend for Litemax Electronics'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.
ROCO:4995 vs APH, GLW, TEL: Receivables Turnover Comparison
For the Electronic Components subindustry, Litemax Electronics'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.
Litemax Electronics Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Litemax Electronics's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Litemax Electronics's Receivables Turnover falls into.
* 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.
Litemax Electronics (ROCO:4995) has a Receivables Turnover of 1.39 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 Litemax Electronics and its competitors. According to the industry distribution chart, Litemax Electronics ranks #1016 out of 2468 companies in the Hardware industry, placing it in the top 41.2%.
Is Litemax Electronics' Receivables Turnover too high?
Litemax Electronics' current Receivables Turnover is 1.39. The Hardware industry median Receivables Turnover is 4.97. Litemax Electronics' value of 1.39 is 72% below this industry median. Based on the distribution chart, Litemax Electronics ranks #1016 out of 2468 companies in the Hardware industry, which is above the industry midpoint. Overall, Litemax Electronics has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Litemax Electronics' Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Litemax Electronics ranks #1016 out of 2468 companies for Receivables Turnover. This puts Litemax Electronics in the upper half of its industry. The industry median Receivables Turnover is 4.97. Litemax Electronics' value of 1.39 is 72% 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. Litemax Electronics's current Receivables Turnover of 1.39 is 72% 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 Litemax Electronics 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. Litemax Electronics's current Receivables Turnover is 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Litemax Electronics stock overvalued right now?
Based on GuruFocus' analysis, Litemax Electronics (ROCO:4995) is currently considered Fairly Valued. The stock's GF Value™ is NT$50.69, compared to a current price of NT$50.70 — trading 0% above its estimated fair value. The current Receivables Turnover is 1.39 and 72% below the Hardware industry median of 4.97. Litemax Electronics' overall GF Score™ is 76/100 with 7 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 Litemax Electronics (ROCO:4995), the current Receivables Turnover is 1.39 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.
Is Litemax Electronics (ROCO:4995) Overvalued in 2026?
Based on GuruFocus' analysis, Litemax Electronics stock appears to be overvalued.
The current stock price of NT$50.70 is trading 0% above its estimated GF Value™ of NT$50.69.
GuruFocus considers Litemax Electronics to be Fairly Valued.
Key valuation signals for ROCO:4995:
Receivables Turnover: 1.39
GF Value™: NT$50.69 vs. price of NT$50.70 (0% above fair value)
Industry Position: 72% below the Hardware median (#1016 of 2468)
No single metric tells the full story. See the ROCO:4995 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Litemax Electronics Inc is engaged in research, development, manufacturing and selling high-brightness LCD panels and LCD monitors. The company's products are used in marine; gaming; military and defence; industrial; transportation; digital signage, heavy duty, and other markets. Some of its products include Spanpixel - Resizing LCDs, Durapixel - Sunlight readable LCDs, Navpixel - Marine Computing, Embedded Motherboards, Waterproof Panel PCs, Intel Smart Display Module Panel PC, HDMI Daisy Chain Board, and others. Geographically, it derives a majority of its revenue from America and also has a presence in Asia and Europe.
76GF Score
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