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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. Highlight Tech's Revenue for the
three
months ended in Jun. 2026 was NT$1,011 Mil. Highlight Tech's average Accounts Receivable for the
three
months ended in Jun. 2026 was NT$561 Mil.
Hence, Highlight Tech's Receivables Turnover for the
three
months ended in Jun. 2026 was 1.80.
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.
Highlight Tech Receivables Turnover Related Terms
Highlight Tech Receivables Turnover Historical Data
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The historical data trend for Highlight Tech'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:6208 vs GEV, ETN, PH: Receivables Turnover Comparison
For the Specialty Industrial Machinery subindustry, Highlight Tech'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.
Highlight Tech Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Highlight Tech's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Highlight Tech'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.
Highlight Tech (ROCO:6208) has a Receivables Turnover of 1.80 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 Highlight Tech and its competitors. According to the industry distribution chart, Highlight Tech ranks #861 out of 3037 companies in the Industrial Products industry, placing it in the top 28.4%.
Is Highlight Tech's Receivables Turnover too high?
Highlight Tech's current Receivables Turnover is 1.80. The Industrial Products industry median Receivables Turnover is 4.50. Highlight Tech's value of 1.80 is 60% below this industry median. Based on the distribution chart, Highlight Tech ranks #861 out of 3037 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Highlight Tech has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Highlight Tech's Receivables Turnover compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Highlight Tech ranks #861 out of 3037 companies for Receivables Turnover. This puts Highlight Tech in the upper half of its industry. The industry median Receivables Turnover is 4.50. Highlight Tech's value of 1.80 is 60% 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 Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.50, based on 3,037 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. Highlight Tech's current Receivables Turnover of 1.80 is 60% 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 Highlight Tech and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highlight Tech's current Receivables Turnover is 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highlight Tech stock overvalued right now?
Based on GuruFocus' analysis, Highlight Tech (ROCO:6208) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$55.59, compared to a current price of NT$81.60 — trading 46.8% above its estimated fair value. The current Receivables Turnover is 1.80 and 60% below the Industrial Products industry median of 4.50. Highlight Tech's overall GF Score™ is 60/100 with 7 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 Highlight Tech (ROCO:6208), the current Receivables Turnover is 1.80 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 Highlight Tech (ROCO:6208) Overvalued in 2026?
Based on GuruFocus' analysis, Highlight Tech stock appears to be overvalued.
The current stock price of NT$81.60 is trading 46.8% above its estimated GF Value™ of NT$55.59.
GuruFocus considers Highlight Tech to be Significantly Overvalued.
Key valuation signals for ROCO:6208:
Receivables Turnover: 1.80
GF Value™: NT$55.59 vs. price of NT$81.60 (46.8% above fair value)
Industry Position: 60% below the Industrial Products median (#861 of 3037)
No single metric tells the full story. See the ROCO:6208 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Highlight Tech Corp is a manufacturer of vacuum technology equipment and a supplier of comprehensive integration services in the vacuum field. Its product includes a vacuum chamber, valves, a pump, and automation equipment. Its vacuum coating technology is used in 3C products, semiconductors, optoelectronics, the touch panel industry, and the solar photovoltaic industry. The Group mainly operates in regions: Taiwan, Japan, the USA, and China.
60GF Score
Get the complete analysis for ROCO:6208
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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