Ledlink Optics (ROCO:5230) Receivables Turnover: 0.81 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:5230 Ledlink Optics Inc ROCO:5230
67 GF Score
Price NT$17.70
GF Value NT$20.35
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Ledlink Optics Receivables Turnover?

Ledlink Optics ROCO:5230 -1.39% 67 Receivables Turnover is 0.81 as of Mar. 2026. GuruFocus rates ROCO:5230 with a GF Score™ of 67/100 and a GF Value™ of NT$20.35 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,467 Hardware companies, Ledlink Optics ranks worse than 71.1% 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. Ledlink Optics's Revenue for the three months ended in Mar. 2026 was NT$305 Mil. Ledlink Optics's average Accounts Receivable for the three months ended in Mar. 2026 was NT$376 Mil. Hence, Ledlink Optics's Receivables Turnover for the three months ended in Mar. 2026 was 0.81.


Ledlink Optics  (ROCO:5230) 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.


Ledlink Optics Receivables Turnover Related Terms


Ledlink Optics Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Ledlink Optics'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.

Ledlink Optics Receivables Turnover Chart

Ledlink Optics 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 4.21 3.62 3.23 3.46 3.02

Ledlink Optics 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 0.74 0.94 0.94 0.92 0.81

ROCO:5230 vs APH, GLW, TEL: Receivables Turnover Comparison

For the Electronic Components subindustry, Ledlink Optics'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.


Ledlink Optics Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Ledlink Optics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ledlink Optics's Receivables Turnover falls into.


ROCO:5230
67GF Score
Ledlink Optics Inc ROCO:5230
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ledlink Optics Receivables Turnover Calculation

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

Ledlink Optics'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 )
=1317.923 / ((469.403 + 403.542) / 2 )
=1317.923 / 436.4725
=3.02

Ledlink Optics'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 )
=305.076 / ((403.542 + 348.626) / 2 )
=305.076 / 376.084
=0.81

* 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 0.81 mean?
Ledlink Optics (ROCO:5230) has a Receivables Turnover of 0.81 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 Ledlink Optics and its competitors. According to the industry distribution chart, Ledlink Optics ranks #1754 out of 2467 companies in the Hardware industry, placing it in the top 71.1%.
Is Ledlink Optics' Receivables Turnover too high?
Ledlink Optics' current Receivables Turnover is 0.81. The Hardware industry median Receivables Turnover is 4.94. Ledlink Optics' value of 0.81 is 83.6% below this industry median. Based on the distribution chart, Ledlink Optics ranks #1754 out of 2467 companies in the Hardware industry, which is below the industry midpoint. Overall, Ledlink Optics has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ledlink Optics' Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Ledlink Optics ranks #1754 out of 2467 companies for Receivables Turnover. This places Ledlink Optics in the lower half of its industry. The industry median Receivables Turnover is 4.94. Ledlink Optics' value of 0.81 is 83.6% 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 4.94, based on 2,467 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. Ledlink Optics's current Receivables Turnover of 0.81 is 83.6% 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 Ledlink Optics and its competitors. For the Hardware industry, the median Receivables Turnover is 4.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ledlink Optics's current Receivables Turnover is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ledlink Optics stock overvalued right now?
Based on GuruFocus' analysis, Ledlink Optics (ROCO:5230) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$20.35, compared to a current price of NT$17.70 — trading 13% below its estimated fair value. The current Receivables Turnover is 0.81 and 83.6% below the Hardware industry median of 4.94. Ledlink Optics' overall GF Score™ is 67/100 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 Ledlink Optics (ROCO:5230), the current Receivables Turnover is 0.81 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 Ledlink Optics (ROCO:5230) Overvalued in 2026?

Based on GuruFocus' analysis, Ledlink Optics stock appears to be undervalued. The current stock price of NT$17.70 is trading 13% below its estimated GF Value™ of NT$20.35. GuruFocus considers Ledlink Optics to be Modestly Undervalued.

Key valuation signals for ROCO:5230:

  • Receivables Turnover: 0.81
  • GF Value™: NT$20.35 vs. price of NT$17.70 (13% below fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 83.6% below the Hardware median (#1754 of 2467)

No single metric tells the full story. See the ROCO:5230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ledlink Optics Business Description

Address No. 655, Bannan Road, 15th Floor, Zhonghe District, New Taipei City, TWN
Ledlink Optics Inc is engaged in designing and manufacturing optics for emerging solid-state lighting companies such as Cree, Edison, Nichia, Osram, Lumileds, Samsung, Seoul, and other LED manufacturers. It offers lenses in a variety of packages with numerous beam pattern options and sizes, such as residential lighting, commercial lighting, street lighting, and architectural lighting.
67GF Score

Get the complete analysis for ROCO:5230

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

NT$17.70
Price
NT$20.35
GF Value