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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. Grand Fortune Securities Co's Revenue for the
three
months ended in Jun. 2026 was NT$467 Mil. Grand Fortune Securities Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was NT$1,228 Mil.
Hence, Grand Fortune Securities Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 0.38.
Grand Fortune Securities Co (ROCO:6026) 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.
Grand Fortune Securities Co Receivables Turnover Related Terms
Grand Fortune 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.
Grand Fortune Securities Co Receivables Turnover Chart
ROCO:6026 vs MS, GS, SCHW: Receivables Turnover Comparison
For the Capital Markets subindustry, Grand Fortune 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.
Grand Fortune Securities Co Receivables Turnover vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Grand Fortune Securities Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Grand Fortune 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.
Grand Fortune Securities Co (ROCO:6026) has a Receivables Turnover of 0.38 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 Grand Fortune Securities Co and its competitors. According to the industry distribution chart, Grand Fortune Securities Co ranks #429 out of 572 companies in the Capital Markets industry, placing it in the top 75%.
Is Grand Fortune Securities Co's Receivables Turnover too high?
Grand Fortune Securities Co's current Receivables Turnover is 0.38. The Capital Markets industry median Receivables Turnover is 6.73. Grand Fortune Securities Co's value of 0.38 is 94.4% below this industry median. Based on the distribution chart, Grand Fortune Securities Co ranks #429 out of 572 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Grand Fortune Securities Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grand Fortune Securities Co's Receivables Turnover compare to MS and GS?
According to the Capital Markets industry distribution chart, Grand Fortune Securities Co ranks #429 out of 572 companies for Receivables Turnover. This places Grand Fortune Securities Co in the lower half of its industry. The industry median Receivables Turnover is 6.73. Grand Fortune Securities Co's value of 0.38 is 94.4% 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 6.73, 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. Grand Fortune Securities Co's current Receivables Turnover of 0.38 is 94.4% 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 Grand Fortune Securities Co and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Fortune Securities Co's current Receivables Turnover is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Fortune Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Grand Fortune Securities Co (ROCO:6026) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$20.65, compared to a current price of NT$14.70 — trading 28.8% below its estimated fair value. The current Receivables Turnover is 0.38 and 94.4% below the Capital Markets industry median of 6.73. Grand Fortune Securities Co's overall GF Score™ is 74/100 with 4 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 Grand Fortune Securities Co (ROCO:6026), the current Receivables Turnover is 0.38 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 Grand Fortune Securities Co (ROCO:6026) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Fortune Securities Co stock appears to be undervalued.
The current stock price of NT$14.70 is trading 28.8% below its estimated GF Value™ of NT$20.65.
GuruFocus considers Grand Fortune Securities Co to be Modestly Undervalued.
Key valuation signals for ROCO:6026:
Receivables Turnover: 0.38
GF Value™: NT$20.65 vs. price of NT$14.70 (28.8% below fair value)
Industry Position: 94.4% below the Capital Markets median (#429 of 572)
No single metric tells the full story. See the ROCO:6026 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Fortune Securities Co Ltd is a Taiwan-based integrated securities house that runs businesses of the underwriting of marketable securities, proprietary trading, brokerage of marketable securities, stock registrar, and other securities-related businesses approved by the regulators. The company's segment consists of the Brokerage Department, Underwriting Department, Proprietary Trading Department, and Others. The company derives the majority of its revenue from the Proprietary Trading Department and the Underwriting Department.
74GF Score
Get the complete analysis for ROCO:6026
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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