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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. Concord Securities Co's Revenue for the
three
months ended in Mar. 2026 was NT$2,893 Mil. Concord Securities Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$10,083 Mil.
Hence, Concord Securities Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.29.
Concord Securities Co (ROCO:6016) 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.
Concord Securities Co Receivables Turnover Related Terms
Concord Securities Co Receivables Turnover Historical Data
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The historical data trend for Concord Securities 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:6016 vs MS, GS, SCHW: Receivables Turnover Comparison
For the Capital Markets subindustry, Concord Securities 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.
Concord Securities Co Receivables Turnover vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Concord Securities Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Concord Securities 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.
Concord Securities Co (ROCO:6016) has a Receivables Turnover of 0.29 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 Concord Securities Co and its competitors. According to the industry distribution chart, Concord Securities Co ranks #496 out of 575 companies in the Capital Markets industry, placing it in the top 86.3%.
Is Concord Securities Co's Receivables Turnover too high?
Concord Securities Co's current Receivables Turnover is 0.29. The Capital Markets industry median Receivables Turnover is 6.82. Concord Securities Co's value of 0.29 is 95.7% below this industry median. Based on the distribution chart, Concord Securities Co ranks #496 out of 575 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Concord Securities Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Concord Securities Co's Receivables Turnover compare to MS and GS?
According to the Capital Markets industry distribution chart, Concord Securities Co ranks #496 out of 575 companies for Receivables Turnover. This places Concord Securities Co in the lower half of its industry. The industry median Receivables Turnover is 6.82. Concord Securities Co's value of 0.29 is 95.7% 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.82, based on 575 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. Concord Securities Co's current Receivables Turnover of 0.29 is 95.7% 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 Concord Securities Co and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Concord Securities Co's current Receivables Turnover is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concord Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Concord Securities Co (ROCO:6016) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$17.50, compared to a current price of NT$20.10 — trading 14.9% above its estimated fair value. The current Receivables Turnover is 0.29 and 95.7% below the Capital Markets industry median of 6.82. Concord Securities Co's overall GF Score™ is 70/100 with 5 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 Concord Securities Co (ROCO:6016), the current Receivables Turnover is 0.29 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 Concord Securities Co (ROCO:6016) Overvalued in 2026?
Based on GuruFocus' analysis, Concord Securities Co stock appears to be overvalued.
The current stock price of NT$20.10 is trading 14.9% above its estimated GF Value™ of NT$17.50.
GuruFocus considers Concord Securities Co to be Modestly Overvalued.
Key valuation signals for ROCO:6016:
Receivables Turnover: 0.29
GF Value™: NT$17.50 vs. price of NT$20.10 (14.9% above fair value)
Industry Position: 95.7% below the Capital Markets median (#496 of 575)
No single metric tells the full story. See the ROCO:6016 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Concord Securities Co Ltd. is a Taiwan-based company that engages in transactions such as securities, proprietary and brokerage, underwriting, financing, customer acquisition, and short sales; providing agency services for share affairs; assisting in futures trading; and other businesses as approved by relevant authorities. The company's reporting segments are Proprietary, Brokerage, Underwriting, and Other. The majority of its revenue is generated from the Proprietary segment, which engages in trading securities and futures transactions for hedging. The brokerage department engages in securities brokerage, margin purchase, and short sale. The underwriting department engages in efforts underwriting or firm commitment underwritings.
70GF Score
Get the complete analysis for ROCO:6016
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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