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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. Sung Gang's Revenue for the
three
months ended in Mar. 2026 was NT$12.52 Mil. Sung Gang's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$5.25 Mil.
Hence, Sung Gang's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.39.
Sung Gang (ROCO:6240) 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.
Sung Gang Receivables Turnover Related Terms
Sung Gang Receivables Turnover Historical Data
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The historical data trend for Sung Gang'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:6240 vs NYT, WLY: Receivables Turnover Comparison
For the Publishing subindustry, Sung Gang'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.
Sung Gang Receivables Turnover vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Sung Gang's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Sung Gang'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.
Sung Gang (ROCO:6240) has a Receivables Turnover of 2.39 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 Sung Gang and its competitors. According to the industry distribution chart, Sung Gang ranks #208 out of 1002 companies in the Media - Diversified industry, placing it in the top 20.8%.
Is Sung Gang's Receivables Turnover too high?
Sung Gang's current Receivables Turnover is 2.39. The Media - Diversified industry median Receivables Turnover is 5.47. Sung Gang's value of 2.39 is 56.3% below this industry median. Based on the distribution chart, Sung Gang ranks #208 out of 1002 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Sung Gang has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sung Gang's Receivables Turnover compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Sung Gang ranks #208 out of 1002 companies for Receivables Turnover. This places Sung Gang in the top 21% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.47. Sung Gang's value of 2.39 is 56.3% 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 Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.47, based on 1,002 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. Sung Gang's current Receivables Turnover of 2.39 is 56.3% 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 Sung Gang and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sung Gang's current Receivables Turnover is 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sung Gang stock overvalued right now?
Based on GuruFocus' analysis, Sung Gang (ROCO:6240) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$25.83, compared to a current price of NT$20.60 — trading 20.2% below its estimated fair value. The current Receivables Turnover is 2.39 and 56.3% below the Media - Diversified industry median of 5.47. Sung Gang's overall GF Score™ is 71/100 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 Sung Gang (ROCO:6240), the current Receivables Turnover is 2.39 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 Sung Gang (ROCO:6240) Overvalued in 2026?
Based on GuruFocus' analysis, Sung Gang stock appears to be undervalued.
The current stock price of NT$20.60 is trading 20.2% below its estimated GF Value™ of NT$25.83.
GuruFocus considers Sung Gang to be Modestly Undervalued.
Key valuation signals for ROCO:6240:
Receivables Turnover: 2.39
GF Value™: NT$25.83 vs. price of NT$20.60 (20.2% below fair value)
Industry Position: 56.3% below the Media - Diversified median (#208 of 1002)
No single metric tells the full story. See the ROCO:6240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sung Gang Corp Ltd publishes computer related books. The company is also involved in the wholesale of information software and leasing industry. Its products portfolio include Information technology books, Commercial software, Application software, and Computer skill test.
71GF Score
Get the complete analysis for ROCO:6240
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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