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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. K Way Co's Revenue for the
three
months ended in Mar. 2026 was NT$61.1 Mil. K Way Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$30.5 Mil.
Hence, K Way Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.00.
K Way Co (ROCO:5201) 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.
K Way Co Receivables Turnover Related Terms
K Way Co Receivables Turnover Historical Data
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The historical data trend for K Way 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.
ROCO:5201 vs QH, SHOP, UBER: Receivables Turnover Comparison
For the Software - Application subindustry, K Way 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.
K Way Co Receivables Turnover vs Software Industry
For the Software industry and Technology sector, K Way Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where K Way Co'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.
K Way Co (ROCO:5201) has a Receivables Turnover of 2.00 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 K Way Co and its competitors. According to the industry distribution chart, K Way Co ranks #663 out of 2783 companies in the Software industry, placing it in the top 23.8%.
Is K Way Co's Receivables Turnover too high?
K Way Co's current Receivables Turnover is 2.00. The Software industry median Receivables Turnover is 5.77. K Way Co's value of 2.00 is 65.3% below this industry median. Based on the distribution chart, K Way Co ranks #663 out of 2783 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, K Way Co has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does K Way Co's Receivables Turnover compare to QH and SHOP?
According to the Software industry distribution chart, K Way Co ranks #663 out of 2783 companies for Receivables Turnover. This places K Way Co in the top 24% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.77. K Way Co's value of 2.00 is 65.3% 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 Software company?
The median Receivables Turnover among Software companies is 5.77, based on 2,783 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. K Way Co's current Receivables Turnover of 2.00 is 65.3% 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 K Way Co and its competitors. For the Software industry, the median Receivables Turnover is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. K Way Co's current Receivables Turnover is 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K Way Co stock overvalued right now?
Based on GuruFocus' analysis, K Way Co (ROCO:5201) is currently considered Possible Value Trap. The stock's GF Value™ is NT$38.13, compared to a current price of NT$26.35 — trading 30.9% below its estimated fair value. The current Receivables Turnover is 2.00 and 65.3% below the Software industry median of 5.77. K Way Co's overall GF Score™ is 68/100 with 3 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 K Way Co (ROCO:5201), the current Receivables Turnover is 2.00 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 K Way Co (ROCO:5201) Overvalued in 2026?
Based on GuruFocus' analysis, K Way Co stock appears to be undervalued.
The current stock price of NT$26.35 is trading 30.9% below its estimated GF Value™ of NT$38.13.
GuruFocus considers K Way Co to be Possible Value Trap.
Key valuation signals for ROCO:5201:
Receivables Turnover: 2.00
GF Value™: NT$38.13 vs. price of NT$26.35 (30.9% below fair value)
Industry Position: 65.3% below the Software median (#663 of 2783)
No single metric tells the full story. See the ROCO:5201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
K Way Co Ltd operates as a software company in financial industry. The company is focuses on the development of key system software in the securities and financial industry for trading, settlement, market data, FIX, trading tools. It mainly offers stable and speedy trading system, cross platform system, database settlement system, money management system, investment account management system & others.
68GF Score
Get the complete analysis for ROCO:5201
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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