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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. Vate Technology's Revenue for the
three
months ended in Mar. 2026 was NT$90.9 Mil. Vate Technology's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$93.5 Mil.
Hence, Vate Technology's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.97.
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.
Vate Technology Receivables Turnover Related Terms
Vate Technology Receivables Turnover Historical Data
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The historical data trend for Vate Technology'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:5344 vs NVDA, AVGO, MU: Receivables Turnover Comparison
For the Semiconductors subindustry, Vate 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.
Vate Technology Receivables Turnover vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Vate Technology's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Vate 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.
Vate Technology (ROCO:5344) has a Receivables Turnover of 0.97 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 Vate Technology and its competitors. According to the industry distribution chart, Vate Technology ranks #775 out of 1017 companies in the Semiconductors industry, placing it in the top 76.2%.
Is Vate Technology's Receivables Turnover too high?
Vate Technology's current Receivables Turnover is 0.97. The Semiconductors industry median Receivables Turnover is 5.82. Vate Technology's value of 0.97 is 83.3% below this industry median. Based on the distribution chart, Vate Technology ranks #775 out of 1017 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Vate Technology has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vate Technology's Receivables Turnover compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Vate Technology ranks #775 out of 1017 companies for Receivables Turnover. This places Vate Technology in the lower half of its industry. The industry median Receivables Turnover is 5.82. Vate Technology's value of 0.97 is 83.3% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,017 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. Vate Technology's current Receivables Turnover of 0.97 is 83.3% 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 Vate Technology and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vate Technology's current Receivables Turnover is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vate Technology stock overvalued right now?
Based on GuruFocus' analysis, Vate Technology (ROCO:5344) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$18.85, compared to a current price of NT$13.80 — trading 26.8% below its estimated fair value. The current Receivables Turnover is 0.97 and 83.3% below the Semiconductors industry median of 5.82. Vate Technology's overall GF Score™ is 63/100 with 1 warning sign 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 Vate Technology (ROCO:5344), the current Receivables Turnover is 0.97 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 Vate Technology (ROCO:5344) Overvalued in 2026?
Based on GuruFocus' analysis, Vate Technology stock appears to be undervalued.
The current stock price of NT$13.80 is trading 26.8% below its estimated GF Value™ of NT$18.85.
GuruFocus considers Vate Technology to be Modestly Undervalued.
Key valuation signals for ROCO:5344:
Receivables Turnover: 0.97
GF Value™: NT$18.85 vs. price of NT$13.80 (26.8% below fair value)
Industry Position: 83.3% below the Semiconductors median (#775 of 1017)
No single metric tells the full story. See the ROCO:5344 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vate Technology Corp Ltd is engaged in providing integrated circuit chip testing services and the trading of lighting equipment and fixtures. The company's services include CP testing service, FT Testing Service, SLT Testing Service, CIS Testing Service, and Back End Service. It operates in single segment of testing and processing of electronic components and the sales of lighting fixtures, using testing equipment to provide IC and wafer testing services and LED lighting fixture sales and installation services. Geographically it operates in Taiwan.
63GF Score
Get the complete analysis for ROCO:5344
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