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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. Good Finance Securities Co's Revenue for the
three
months ended in Jun. 2026 was NT$642 Mil. Good Finance Securities Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was NT$5,934 Mil.
Hence, Good Finance Securities Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 0.11.
Good Finance Securities Co (ROCO:6021) 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.
Good Finance Securities Co Receivables Turnover Related Terms
Good Finance Securities Co 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.
Good Finance Securities Co Receivables Turnover Chart
ROCO:6021 vs MS, GS, SCHW: Receivables Turnover Comparison
For the Capital Markets subindustry, Good Finance 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.
Good Finance Securities Co Receivables Turnover vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Good Finance Securities Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Good Finance 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.
Good Finance Securities Co (ROCO:6021) has a Receivables Turnover of 0.11 as of Jun. 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 Good Finance Securities Co and its competitors. According to the industry distribution chart, Good Finance Securities Co ranks #511 out of 572 companies in the Capital Markets industry, placing it in the top 89.3%.
Is Good Finance Securities Co's Receivables Turnover too high?
Good Finance Securities Co's current Receivables Turnover is 0.11. The Capital Markets industry median Receivables Turnover is 6.80. Good Finance Securities Co's value of 0.11 is 98.4% below this industry median. Based on the distribution chart, Good Finance Securities Co ranks #511 out of 572 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Good Finance Securities Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Good Finance Securities Co's Receivables Turnover compare to MS and GS?
According to the Capital Markets industry distribution chart, Good Finance Securities Co ranks #511 out of 572 companies for Receivables Turnover. This places Good Finance Securities Co in the lower half of its industry. The industry median Receivables Turnover is 6.80. Good Finance Securities Co's value of 0.11 is 98.4% 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.80, based on 572 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. Good Finance Securities Co's current Receivables Turnover of 0.11 is 98.4% 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 Good Finance Securities Co and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Finance Securities Co's current Receivables Turnover is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Finance Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Good Finance Securities Co (ROCO:6021) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$35.73, compared to a current price of NT$40.25 — trading 12.7% above its estimated fair value. The current Receivables Turnover is 0.11 and 98.4% below the Capital Markets industry median of 6.80. Good Finance Securities Co's overall GF Score™ is 72/100 with 9 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 Good Finance Securities Co (ROCO:6021), the current Receivables Turnover is 0.11 as of Jun. 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 Good Finance Securities Co (ROCO:6021) Overvalued in 2026?
Based on GuruFocus' analysis, Good Finance Securities Co stock appears to be overvalued.
The current stock price of NT$40.25 is trading 12.7% above its estimated GF Value™ of NT$35.73.
GuruFocus considers Good Finance Securities Co to be Modestly Overvalued.
Key valuation signals for ROCO:6021:
Receivables Turnover: 0.11
GF Value™: NT$35.73 vs. price of NT$40.25 (12.7% above fair value)
Industry Position: 98.4% below the Capital Markets median (#511 of 572)
No single metric tells the full story. See the ROCO:6021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Good Finance Securities Co Ltd is a security company. The company operates its businesses through security brokerage, proprietary business, and underwriting, and hedging business. The company provides its services to individuals and corporate clients. The reportable segments of the Group are Client partner segment, Investment segment, Investment bank segment, Futures segment and others. Majority of revenue is generated from Investment segment. Investment segment is responsible for securities dealing, bonds dealing, trading of financial instruments relating to interest rate and bills and bonds under repurchase or resale agreements followed by Client partner segment, Futures segment, and Investment bank segment.
72GF Score
Get the complete analysis for ROCO:6021
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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