Tul (ROCO:6150) Receivables Turnover: 1.86 (As of Mar. 2026)

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ROCO:6150 Tul Corp ROCO:6150
58 GF Score
Price NT$60.70
GF Value NT$107.34
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Tul Receivables Turnover?

Tul ROCO:6150 58 Receivables Turnover is 1.86 as of Mar. 2026. GuruFocus rates ROCO:6150 with a GF Score™ of 58/100 and a GF Value™ of NT$107.34 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,468 Hardware companies, Tul ranks better than 79.13% 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. Tul's Revenue for the three months ended in Mar. 2026 was NT$1,565 Mil. Tul's average Accounts Receivable for the three months ended in Mar. 2026 was NT$841 Mil. Hence, Tul's Receivables Turnover for the three months ended in Mar. 2026 was 1.86.


Tul  (ROCO:6150) 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.


Tul Receivables Turnover Related Terms


Tul Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Tul'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.

Tul Receivables Turnover Chart

Tul 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 8.88 4.40 6.37 4.86 7.48

Tul 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 1.62 2.10 1.72 1.73 1.86

ROCO:6150 vs SNX, ARW, AVT: Receivables Turnover Comparison

For the Electronics & Computer Distribution subindustry, Tul'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.


Tul Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Tul's Receivables Turnover distribution charts can be found below:

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


ROCO:6150
58GF Score
Tul Corp ROCO:6150
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tul Receivables Turnover Calculation

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

Tul'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 )
=7570.329 / ((1033.101 + 992.308) / 2 )
=7570.329 / 1012.7045
=7.48

Tul'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 )
=1565.259 / ((992.308 + 689.043) / 2 )
=1565.259 / 840.6755
=1.86

* 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 1.86 mean?
Tul (ROCO:6150) has a Receivables Turnover of 1.86 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 Tul and its competitors. According to the industry distribution chart, Tul ranks #515 out of 2468 companies in the Hardware industry, placing it in the top 20.9%.
Is Tul's Receivables Turnover too high?
Tul's current Receivables Turnover is 1.86. The Hardware industry median Receivables Turnover is 4.97. Tul's value of 1.86 is 62.6% below this industry median. Based on the distribution chart, Tul ranks #515 out of 2468 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Tul has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tul's Receivables Turnover compare to SNX and ARW?
According to the Hardware industry distribution chart, Tul ranks #515 out of 2468 companies for Receivables Turnover. This places Tul in the top 21% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.97. Tul's value of 1.86 is 62.6% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.97, based on 2,468 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. Tul's current Receivables Turnover of 1.86 is 62.6% 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 Tul and its competitors. For the Hardware industry, the median Receivables Turnover is 4.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tul's current Receivables Turnover is 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tul stock overvalued right now?
Based on GuruFocus' analysis, Tul (ROCO:6150) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$107.34, compared to a current price of NT$60.70 — trading 43.5% below its estimated fair value. The current Receivables Turnover is 1.86 and 62.6% below the Hardware industry median of 4.97. Tul's overall GF Score™ is 58/100 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 Tul (ROCO:6150), the current Receivables Turnover is 1.86 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 Tul (ROCO:6150) Overvalued in 2026?

Based on GuruFocus' analysis, Tul stock appears to be undervalued. The current stock price of NT$60.70 is trading 43.5% below its estimated GF Value™ of NT$107.34. GuruFocus considers Tul to be Significantly Undervalued.

Key valuation signals for ROCO:6150:

  • Receivables Turnover: 1.86
  • GF Value™: NT$107.34 vs. price of NT$60.70 (43.5% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 62.6% below the Hardware median (#515 of 2468)

No single metric tells the full story. See the ROCO:6150 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tul Business Description

Address Section 1, Xintai 5th Road, 7th Floor, No. 79, Unit 7, Xizhi District, New Taipei City, TWN, 221
Tul Corp is engaged in the production and sale of computer display cards and software products in Taiwan. The company offers gaming and embedded graphics cards, SoC-based motherboards and systems, FPGA products, and customized products and services. The reportable departments of the consolidated company are as follows: Display card manufacturing and sales business, Construction engineering business, and Other businesses. The majority of revenue is derived from the Display card manufacturing and sales business.
58GF Score

Get the complete analysis for ROCO:6150

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

NT$60.70
Price
NT$107.34
GF Value