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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. Wafer Works's Revenue for the
three
months ended in Mar. 2026 was NT$2,478 Mil. Wafer Works's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$1,847 Mil.
Hence, Wafer Works's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.34.
Wafer Works (ROCO:6182) 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.
Wafer Works Receivables Turnover Related Terms
Wafer Works Receivables Turnover Historical Data
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The historical data trend for Wafer Works'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.
ROCO:6182 vs AMAT, LRCX, KLAC: Receivables Turnover Comparison
For the Semiconductor Equipment & Materials subindustry, Wafer Works'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.
Wafer Works Receivables Turnover vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Wafer Works's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Wafer Works'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.
Wafer Works (ROCO:6182) has a Receivables Turnover of 1.34 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 Wafer Works and its competitors. According to the industry distribution chart, Wafer Works ranks #586 out of 1018 companies in the Semiconductors industry, placing it in the top 57.6%.
Is Wafer Works' Receivables Turnover too high?
Wafer Works' current Receivables Turnover is 1.34. The Semiconductors industry median Receivables Turnover is 5.82. Wafer Works' value of 1.34 is 77% below this industry median. Based on the distribution chart, Wafer Works ranks #586 out of 1018 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Wafer Works has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wafer Works' Receivables Turnover compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Wafer Works ranks #586 out of 1018 companies for Receivables Turnover. This places Wafer Works in the lower half of its industry. The industry median Receivables Turnover is 5.82. Wafer Works' value of 1.34 is 77% 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. Wafer Works's current Receivables Turnover of 1.34 is 77% 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 Wafer Works 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. Wafer Works's current Receivables Turnover is 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wafer Works stock overvalued right now?
Based on GuruFocus' analysis, Wafer Works (ROCO:6182) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$33.44, compared to a current price of NT$113.00 — trading 237.9% above its estimated fair value. The current Receivables Turnover is 1.34 and 77% below the Semiconductors industry median of 5.82. Wafer Works' overall GF Score™ is 52/100 with 8 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 Wafer Works (ROCO:6182), the current Receivables Turnover is 1.34 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 Wafer Works (ROCO:6182) Overvalued in 2026?
Based on GuruFocus' analysis, Wafer Works stock appears to be overvalued.
The current stock price of NT$113.00 is trading 237.9% above its estimated GF Value™ of NT$33.44.
GuruFocus considers Wafer Works to be Significantly Overvalued.
Key valuation signals for ROCO:6182:
Receivables Turnover: 1.34
GF Value™: NT$33.44 vs. price of NT$113.00 (237.9% above fair value)
Industry Position: 77% below the Semiconductors median (#586 of 1018)
No single metric tells the full story. See the ROCO:6182 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wafer Works Corp is a Taiwan-based company principally engaged in the R&D, design, manufacturing, and sales of semiconductor materials; the technique consulting business, service business, and trading for the above items. Its customized silicon wafer services are Polished wafers, Leijingjingyuan, SOI wafers, Gallium nitride epitaxial wafers, and Custom wafers. Its geographical segments include Taiwan, China (including Hong Kong), the United States, and Other countries. It generates the majority of its revenue from Taiwan. The Group's revenue is derived from the manufacture and sale of semiconductor wafers.
52GF Score
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