Chain Chon Industrial Co (ROCO:5014) Receivables Turnover: 3.13 (As of Mar. 2026)

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ROCO:5014 Chain Chon Industrial Co Ltd ROCO:5014
60 GF Score
Price NT$10.95
GF Value NT$12.55
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Chain Chon Industrial Co Receivables Turnover?

Chain Chon Industrial Co ROCO:5014 60 Receivables Turnover is 3.13 as of Mar. 2026. GuruFocus rates ROCO:5014 with a GF Score™ of 60/100 and a GF Value™ of NT$12.55 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 606 Steel companies, Chain Chon Industrial Co ranks better than 74.59% 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. Chain Chon Industrial Co's Revenue for the three months ended in Mar. 2026 was NT$3,649 Mil. Chain Chon Industrial Co's average Accounts Receivable for the three months ended in Mar. 2026 was NT$1,165 Mil. Hence, Chain Chon Industrial Co's Receivables Turnover for the three months ended in Mar. 2026 was 3.13.


Chain Chon Industrial Co  (ROCO:5014) 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.


Chain Chon Industrial Co Receivables Turnover Related Terms


Chain Chon Industrial Co Receivables Turnover Historical Data

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The historical data trend for Chain Chon Industrial Co'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.

Chain Chon Industrial Co Receivables Turnover Chart

Chain Chon Industrial Co 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 15.19 15.47 13.05 11.53 10.99

Chain Chon Industrial Co 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 2.17 2.84 3.12 3.48 3.13

ROCO:5014 vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, Chain Chon Industrial Co'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.


Chain Chon Industrial Co Receivables Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Chain Chon Industrial Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chain Chon Industrial Co's Receivables Turnover falls into.


ROCO:5014
60GF Score
Chain Chon Industrial Co Ltd ROCO:5014
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Chain Chon Industrial Co Receivables Turnover Calculation

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

Chain Chon Industrial Co'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 )
=14953.03 / ((1601.825 + 1120.303) / 2 )
=14953.03 / 1361.064
=10.99

Chain Chon Industrial Co'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 )
=3648.526 / ((1120.303 + 1210.534) / 2 )
=3648.526 / 1165.4185
=3.13

* 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 3.13 mean?
Chain Chon Industrial Co (ROCO:5014) has a Receivables Turnover of 3.13 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 Chain Chon Industrial Co and its competitors. According to the industry distribution chart, Chain Chon Industrial Co ranks #154 out of 606 companies in the Steel industry, placing it in the top 25.4%.
Is Chain Chon Industrial Co's Receivables Turnover too high?
Chain Chon Industrial Co's current Receivables Turnover is 3.13. The Steel industry median Receivables Turnover is 7.11. Chain Chon Industrial Co's value of 3.13 is 55.9% below this industry median. Based on the distribution chart, Chain Chon Industrial Co ranks #154 out of 606 companies in the Steel industry, which is above the industry midpoint. Overall, Chain Chon Industrial Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chain Chon Industrial Co's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Chain Chon Industrial Co ranks #154 out of 606 companies for Receivables Turnover. This puts Chain Chon Industrial Co in the upper half of its industry. The industry median Receivables Turnover is 7.11. Chain Chon Industrial Co's value of 3.13 is 55.9% 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 Steel company?
The median Receivables Turnover among Steel companies is 7.11, based on 606 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. Chain Chon Industrial Co's current Receivables Turnover of 3.13 is 55.9% 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 Chain Chon Industrial Co and its competitors. For the Steel industry, the median Receivables Turnover is 7.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chain Chon Industrial Co's current Receivables Turnover is 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chain Chon Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Chain Chon Industrial Co (ROCO:5014) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$12.55, compared to a current price of NT$10.95 — trading 12.7% below its estimated fair value. The current Receivables Turnover is 3.13 and 55.9% below the Steel industry median of 7.11. Chain Chon Industrial Co's overall GF Score™ is 60/100 with 9 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 Chain Chon Industrial Co (ROCO:5014), the current Receivables Turnover is 3.13 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 Chain Chon Industrial Co (ROCO:5014) Overvalued in 2026?

Based on GuruFocus' analysis, Chain Chon Industrial Co stock appears to be undervalued. The current stock price of NT$10.95 is trading 12.7% below its estimated GF Value™ of NT$12.55. GuruFocus considers Chain Chon Industrial Co to be Modestly Undervalued.

Key valuation signals for ROCO:5014:

  • Receivables Turnover: 3.13
  • GF Value™: NT$12.55 vs. price of NT$10.95 (12.7% below fair value)
  • GF Score™: 60/100 with 9 warning signs
  • Industry Position: 55.9% below the Steel median (#154 of 606)

No single metric tells the full story. See the ROCO:5014 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chain Chon Industrial Co Business Description

Address No. 178, Daguan Road, Tienxin Village, Dayuan District, Taoyuan, TWN, 337
Chain Chon Industrial Co Ltd is mainly engaged in cutting, strip processing, and selling of stainless steel sheets, stainless steel rolls, steel and iron materials, as well as various hardware materials.. It processes and markets cold-rolled and hot-rolled stainless steel coils, sheets, checker plates, strips, angles, flat bars, welded H-beams, and polished coils or sheets. The company generates maximum revenue from Stainless steel coil.
60GF Score

Get the complete analysis for ROCO:5014

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

NT$10.95
Price
NT$12.55
GF Value