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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. Taiwan Green Environment Technology's Revenue for the
three
months ended in Mar. 2026 was NT$7.76 Mil. Taiwan Green Environment Technology's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$19.66 Mil.
Hence, Taiwan Green Environment Technology's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.39.
Taiwan Green Environment Technology (ROCO:5205) 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.
Taiwan Green Environment Technology Receivables Turnover Related Terms
Taiwan Green Environment Technology Receivables Turnover Historical Data
* 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.
Taiwan Green Environment Technology Receivables Turnover Chart
ROCO:5205 vs QH, SHOP, UBER: Receivables Turnover Comparison
For the Software - Application subindustry, Taiwan Green Environment Technology'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.
Taiwan Green Environment Technology Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Taiwan Green Environment Technology's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Taiwan Green Environment Technology'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.
Taiwan Green Environment Technology (ROCO:5205) has a Receivables Turnover of 0.39 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 Taiwan Green Environment Technology and its competitors. According to the industry distribution chart, Taiwan Green Environment Technology ranks #2476 out of 2782 companies in the Software industry, placing it in the top 89%.
Is Taiwan Green Environment Technology's Receivables Turnover too high?
Taiwan Green Environment Technology's current Receivables Turnover is 0.39. The Software industry median Receivables Turnover is 5.95. Taiwan Green Environment Technology's value of 0.39 is 93.4% below this industry median. Based on the distribution chart, Taiwan Green Environment Technology ranks #2476 out of 2782 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Taiwan Green Environment Technology has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Green Environment Technology's Receivables Turnover compare to QH and SHOP?
According to the Software industry distribution chart, Taiwan Green Environment Technology ranks #2476 out of 2782 companies for Receivables Turnover. This places Taiwan Green Environment Technology in the lower half of its industry. The industry median Receivables Turnover is 5.95. Taiwan Green Environment Technology's value of 0.39 is 93.4% 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 5.95, based on 2,782 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. Taiwan Green Environment Technology's current Receivables Turnover of 0.39 is 93.4% 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 Taiwan Green Environment Technology and its competitors. For the Software industry, the median Receivables Turnover is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Green Environment Technology's current Receivables Turnover is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Green Environment Technology stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Green Environment Technology (ROCO:5205) is currently considered Possible Value Trap. The stock's GF Value™ is NT$31.72, compared to a current price of NT$21.85 — trading 31.1% below its estimated fair value. The current Receivables Turnover is 0.39 and 93.4% below the Software industry median of 5.95. Taiwan Green Environment Technology's overall GF Score™ is 56/100 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 Taiwan Green Environment Technology (ROCO:5205), the current Receivables Turnover is 0.39 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 Taiwan Green Environment Technology (ROCO:5205) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Green Environment Technology stock appears to be undervalued.
The current stock price of NT$21.85 is trading 31.1% below its estimated GF Value™ of NT$31.72.
GuruFocus considers Taiwan Green Environment Technology to be Possible Value Trap.
Key valuation signals for ROCO:5205:
Receivables Turnover: 0.39
GF Value™: NT$31.72 vs. price of NT$21.85 (31.1% below fair value)
Industry Position: 93.4% below the Software median (#2476 of 2782)
No single metric tells the full story. See the ROCO:5205 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Green Environment Technology Inc is a Taiwan based company. The company's main business is vehicle transportation, information electromechanical, and resource recycling services. The vehicle management plan provides fleet management systems and related monitoring value-added services for commercial fleet customers, such as driving video management services. The information service plan includes information and electrical integration services, and data analysis. The waste treatment and recycling services combine environmental technology, machinery, information, and other cross-disciplinary teams to provide construction planning and services for waste and water treatment sites.
56GF Score
Get the complete analysis for ROCO:5205
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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