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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. Song Shang Electronics Co's Revenue for the
three
months ended in Jun. 2026 was NT$1,716 Mil. Song Shang Electronics Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was NT$2,078 Mil.
Hence, Song Shang Electronics Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 0.83.
Song Shang Electronics Co (ROCO:6156) 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.
Song Shang Electronics Co Receivables Turnover Related Terms
Song Shang Electronics 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.
Song Shang Electronics Co Receivables Turnover Chart
ROCO:6156 vs APH, GLW, TEL: Receivables Turnover Comparison
For the Electronic Components subindustry, Song Shang Electronics 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.
Song Shang Electronics Co Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Song Shang Electronics Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Song Shang Electronics 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.
Song Shang Electronics Co (ROCO:6156) has a Receivables Turnover of 0.83 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 Song Shang Electronics Co and its competitors. According to the industry distribution chart, Song Shang Electronics Co ranks #2049 out of 2468 companies in the Hardware industry, placing it in the top 83%.
Is Song Shang Electronics Co's Receivables Turnover too high?
Song Shang Electronics Co's current Receivables Turnover is 0.83. The Hardware industry median Receivables Turnover is 4.98. Song Shang Electronics Co's value of 0.83 is 83.3% below this industry median. Based on the distribution chart, Song Shang Electronics Co ranks #2049 out of 2468 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Song Shang Electronics Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Song Shang Electronics Co's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Song Shang Electronics Co ranks #2049 out of 2468 companies for Receivables Turnover. This places Song Shang Electronics Co in the lower half of its industry. The industry median Receivables Turnover is 4.98. Song Shang Electronics Co's value of 0.83 is 83.3% 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 4.98, 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. Song Shang Electronics Co's current Receivables Turnover of 0.83 is 83.3% 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 Song Shang Electronics Co and its competitors. For the Hardware industry, the median Receivables Turnover is 4.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Shang Electronics Co's current Receivables Turnover is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Shang Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Song Shang Electronics Co (ROCO:6156) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$26.62, compared to a current price of NT$21.15 — trading 20.5% below its estimated fair value. The current Receivables Turnover is 0.83 and 83.3% below the Hardware industry median of 4.98. Song Shang Electronics Co's overall GF Score™ is 67/100 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 Song Shang Electronics Co (ROCO:6156), the current Receivables Turnover is 0.83 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 Song Shang Electronics Co (ROCO:6156) Overvalued in 2026?
Based on GuruFocus' analysis, Song Shang Electronics Co stock appears to be undervalued.
The current stock price of NT$21.15 is trading 20.5% below its estimated GF Value™ of NT$26.62.
GuruFocus considers Song Shang Electronics Co to be Modestly Undervalued.
Key valuation signals for ROCO:6156:
Receivables Turnover: 0.83
GF Value™: NT$26.62 vs. price of NT$21.15 (20.5% below fair value)
Industry Position: 83.3% below the Hardware median (#2049 of 2468)
No single metric tells the full story. See the ROCO:6156 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Song Shang Electronics Co Ltd is engaged in the production and sales of electronic components and related products. Its products include transformers, magnetic components, printed circuit boards, filters, and inductors, which are mainly used in various power supplies such as Adapter, Led TVs, Lcd TVs, chargers, Game Console, Desktop, Monitor, Printer, Lighting, and communication. It operates in two segments. PCB Segment is responsible for the production and sales of printed circuit boards. Transformer Segment: This segment is responsible for producing and selling transformers and resistors.
67GF Score
Get the complete analysis for ROCO:6156
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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