AVID Electronics (ROCO:6103) Receivables Turnover: 1.07 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6103 AVID Electronics Corp ROCO:6103
62 GF Score
Price NT$29.05
GF Value NT$57.25
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is AVID Electronics Receivables Turnover?

AVID Electronics ROCO:6103 +1.93% 62 Receivables Turnover is 1.07 as of Mar. 2026. GuruFocus rates ROCO:6103 with a GF Score™ of 62/100 and a GF Value™ of NT$57.25 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,018 Semiconductors companies, AVID Electronics ranks worse than 83.6% 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. AVID Electronics's Revenue for the three months ended in Mar. 2026 was NT$25.76 Mil. AVID Electronics's average Accounts Receivable for the three months ended in Mar. 2026 was NT$24.00 Mil. Hence, AVID Electronics's Receivables Turnover for the three months ended in Mar. 2026 was 1.07.


AVID Electronics  (ROCO:6103) 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.


AVID Electronics Receivables Turnover Related Terms


AVID Electronics Receivables Turnover Historical Data

* Premium members only.

The historical data trend for AVID Electronics'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.

AVID Electronics Receivables Turnover Chart

AVID Electronics 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 4.41 3.63 2.11 4.71 6.96

AVID Electronics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 1.26 0.65 0.85 0.99 1.07

ROCO:6103 vs NVDA, AVGO, MU: Receivables Turnover Comparison

For the Semiconductors subindustry, AVID Electronics'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.


AVID Electronics Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, AVID Electronics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AVID Electronics's Receivables Turnover falls into.


ROCO:6103
62GF Score
AVID Electronics Corp ROCO:6103
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AVID Electronics Receivables Turnover Calculation

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

AVID Electronics'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 )
=91.554 / ((13.062 + 13.239) / 2 )
=91.554 / 13.1505
=6.96

AVID Electronics'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 )
=25.764 / ((13.239 + 34.77) / 2 )
=25.764 / 24.0045
=1.07

* 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 1.07 mean?
AVID Electronics (ROCO:6103) has a Receivables Turnover of 1.07 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 AVID Electronics and its competitors. According to the industry distribution chart, AVID Electronics ranks #851 out of 1018 companies in the Semiconductors industry, placing it in the top 83.6%.
Is AVID Electronics' Receivables Turnover too high?
AVID Electronics' current Receivables Turnover is 1.07. The Semiconductors industry median Receivables Turnover is 5.82. AVID Electronics' value of 1.07 is 81.6% below this industry median. Based on the distribution chart, AVID Electronics ranks #851 out of 1018 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, AVID Electronics has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AVID Electronics' Receivables Turnover compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, AVID Electronics ranks #851 out of 1018 companies for Receivables Turnover. This places AVID Electronics in the lower half of its industry. The industry median Receivables Turnover is 5.82. AVID Electronics' value of 1.07 is 81.6% 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 1,018 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. AVID Electronics's current Receivables Turnover of 1.07 is 81.6% 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 AVID Electronics 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. AVID Electronics's current Receivables Turnover is 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVID Electronics stock overvalued right now?
Based on GuruFocus' analysis, AVID Electronics (ROCO:6103) is currently considered Possible Value Trap. The stock's GF Value™ is NT$57.25, compared to a current price of NT$29.05 — trading 49.3% below its estimated fair value. The current Receivables Turnover is 1.07 and 81.6% below the Semiconductors industry median of 5.82. AVID Electronics' overall GF Score™ is 62/100 with 3 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 AVID Electronics (ROCO:6103), the current Receivables Turnover is 1.07 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 AVID Electronics (ROCO:6103) Overvalued in 2026?

Based on GuruFocus' analysis, AVID Electronics stock appears to be undervalued. The current stock price of NT$29.05 is trading 49.3% below its estimated GF Value™ of NT$57.25. GuruFocus considers AVID Electronics to be Possible Value Trap.

Key valuation signals for ROCO:6103:

  • Receivables Turnover: 1.07
  • GF Value™: NT$57.25 vs. price of NT$29.05 (49.3% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 81.6% below the Semiconductors median (#851 of 1018)

No single metric tells the full story. See the ROCO:6103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AVID Electronics Business Description

Address 8 Floor, No.11, Park Avenue II, Hsinchu Science Park, Hsinchu City, TWN, 300
AVID Electronics Corp designs and sells homemade Integrated Circuit solutions in Taiwan. The company provides integrated circuits for CD Discman, CD Boom box, Flash Memory Player Single Chip, audio power amplifier product line, wireless audio/speaker product line and LED lighting driver product line.
62GF Score

Get the complete analysis for ROCO:6103

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

NT$29.05
Price
NT$57.25
GF Value