Golden Insurance Brokers Co (ROCO:6028) Receivables Turnover: 3.02 (As of Mar. 2026)

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ROCO:6028 Golden Insurance Brokers Co Ltd ROCO:6028
86 GF Score
Price NT$99.30
GF Value NT$131.23
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Golden Insurance Brokers Co Receivables Turnover?

Golden Insurance Brokers Co ROCO:6028 +0.71% 86 Receivables Turnover is 3.02 as of Mar. 2026. GuruFocus rates ROCO:6028 with a GF Score™ of 86/100 and a GF Value™ of NT$131.23 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 61 Insurance companies, Golden Insurance Brokers Co ranks better than 65.57% 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. Golden Insurance Brokers Co's Revenue for the three months ended in Mar. 2026 was NT$1,493 Mil. Golden Insurance Brokers Co's average Accounts Receivable for the three months ended in Mar. 2026 was NT$494 Mil. Hence, Golden Insurance Brokers Co's Receivables Turnover for the three months ended in Mar. 2026 was 3.02.


Golden Insurance Brokers Co  (ROCO:6028) 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.


Golden Insurance Brokers Co Receivables Turnover Related Terms


Golden Insurance Brokers Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Golden Insurance Brokers 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.

Golden Insurance Brokers Co Receivables Turnover Chart

Golden Insurance Brokers Co 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 10.45 9.13 8.86 9.06 8.84

Golden Insurance Brokers Co Quarterly Data
Dec18 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 2.40 3.06 2.83 2.54 3.02

ROCO:6028 vs MRSH, AON, AJG: Receivables Turnover Comparison

For the Insurance Brokers subindustry, Golden Insurance Brokers 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.


Golden Insurance Brokers Co Receivables Turnover vs Insurance Industry

For the Insurance industry and Financial Services sector, Golden Insurance Brokers Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Golden Insurance Brokers Co's Receivables Turnover falls into.


ROCO:6028
86GF Score
Golden Insurance Brokers Co Ltd ROCO:6028
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Golden Insurance Brokers Co Receivables Turnover Calculation

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

Golden Insurance Brokers Co'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 )
=4715.01 / ((556.335 + 509.859) / 2 )
=4715.01 / 533.097
=8.84

Golden Insurance Brokers Co'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 )
=1492.835 / ((509.859 + 478.566) / 2 )
=1492.835 / 494.2125
=3.02

* 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 3.02 mean?
Golden Insurance Brokers Co (ROCO:6028) has a Receivables Turnover of 3.02 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 Golden Insurance Brokers Co and its competitors. According to the industry distribution chart, Golden Insurance Brokers Co ranks #21 out of 61 companies in the Insurance industry, placing it in the top 34.4%.
Is Golden Insurance Brokers Co's Receivables Turnover too high?
Golden Insurance Brokers Co's current Receivables Turnover is 3.02. The Insurance industry median Receivables Turnover is 6.94. Golden Insurance Brokers Co's value of 3.02 is 56.5% below this industry median. Based on the distribution chart, Golden Insurance Brokers Co ranks #21 out of 61 companies in the Insurance industry, which is above the industry midpoint. Overall, Golden Insurance Brokers Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Golden Insurance Brokers Co's Receivables Turnover compare to MRSH and AON?
According to the Insurance industry distribution chart, Golden Insurance Brokers Co ranks #21 out of 61 companies for Receivables Turnover. This puts Golden Insurance Brokers Co in the upper half of its industry. The industry median Receivables Turnover is 6.94. Golden Insurance Brokers Co's value of 3.02 is 56.5% 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 an Insurance company?
The median Receivables Turnover among Insurance companies is 6.94, based on 61 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. Golden Insurance Brokers Co's current Receivables Turnover of 3.02 is 56.5% 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 Golden Insurance Brokers Co and its competitors. For the Insurance industry, the median Receivables Turnover is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Insurance Brokers Co's current Receivables Turnover is 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Insurance Brokers Co stock overvalued right now?
Based on GuruFocus' analysis, Golden Insurance Brokers Co (ROCO:6028) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$131.23, compared to a current price of NT$99.30 — trading 24.3% below its estimated fair value. The current Receivables Turnover is 3.02 and 56.5% below the Insurance industry median of 6.94. Golden Insurance Brokers Co's overall GF Score™ is 86/100 with 2 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 Golden Insurance Brokers Co (ROCO:6028), the current Receivables Turnover is 3.02 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 Golden Insurance Brokers Co (ROCO:6028) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Insurance Brokers Co stock appears to be undervalued. The current stock price of NT$99.30 is trading 24.3% below its estimated GF Value™ of NT$131.23. GuruFocus considers Golden Insurance Brokers Co to be Modestly Undervalued.

Key valuation signals for ROCO:6028:

  • Receivables Turnover: 3.02
  • GF Value™: NT$131.23 vs. price of NT$99.30 (24.3% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 56.5% below the Insurance median (#21 of 61)

No single metric tells the full story. See the ROCO:6028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golden Insurance Brokers Co Business Description

Address Dashun 1st Road, Zuoying District, Room. 4, 4th Floor, Number 93, Kaohsiung, TWN, 813
Golden Insurance Brokers Co Ltd is an Insurance Broker based in Taiwan. The company is involved in providing Life Insurance, Medical Insurance, Savings Insurance and Investment Insurance among others.
86GF Score

Get the complete analysis for ROCO:6028

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

NT$99.30
Price
NT$131.23
GF Value