Mutual-Tek Industries Co (ROCO:6407) Receivables Turnover: 1.72 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6407 Mutual-Tek Industries Co Ltd ROCO:6407
75 GF Score
Price NT$22.40
GF Value NT$23.47
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Mutual-Tek Industries Co Receivables Turnover?

Mutual-Tek Industries Co ROCO:6407 -1.75% 75 Receivables Turnover is 1.72 as of Dec. 2025. GuruFocus rates ROCO:6407 with a GF Score™ of 75/100 and a GF Value™ of NT$23.47 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,468 Hardware companies, Mutual-Tek Industries Co ranks worse than 81.52% 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. Mutual-Tek Industries Co's Revenue for the six months ended in Dec. 2025 was NT$1,820 Mil. Mutual-Tek Industries Co's average Accounts Receivable for the six months ended in Dec. 2025 was NT$1,057 Mil. Hence, Mutual-Tek Industries Co's Receivables Turnover for the six months ended in Dec. 2025 was 1.72.


Mutual-Tek Industries Co  (ROCO:6407) 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.


Mutual-Tek Industries Co Receivables Turnover Related Terms


Mutual-Tek Industries Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Mutual-Tek Industries Co'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.

Mutual-Tek Industries Co Receivables Turnover Chart

Mutual-Tek Industries Co 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 2.37 2.66 2.49 2.88 2.85

Mutual-Tek Industries Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.45 1.52 1.53 1.37 1.72

ROCO:6407 vs APH, GLW, TEL: Receivables Turnover Comparison

For the Electronic Components subindustry, Mutual-Tek Industries 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.


Mutual-Tek Industries Co Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Mutual-Tek Industries Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mutual-Tek Industries Co's Receivables Turnover falls into.


ROCO:6407
75GF Score
Mutual-Tek Industries Co Ltd ROCO:6407
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mutual-Tek Industries Co Receivables Turnover Calculation

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

Mutual-Tek Industries Co'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 )
=3161.559 / ((1030.231 + 1184.912) / 2 )
=3161.559 / 1107.5715
=2.85

Mutual-Tek Industries Co's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=1820.494 / ((930.037 + 1184.912) / 2 )
=1820.494 / 1057.4745
=1.72

* 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 1.72 mean?
Mutual-Tek Industries Co (ROCO:6407) has a Receivables Turnover of 1.72 as of Dec. 2025. 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 Mutual-Tek Industries Co and its competitors. According to the industry distribution chart, Mutual-Tek Industries Co ranks #2012 out of 2468 companies in the Hardware industry, placing it in the top 81.5%.
Is Mutual-Tek Industries Co's Receivables Turnover too high?
Mutual-Tek Industries Co's current Receivables Turnover is 1.72. The Hardware industry median Receivables Turnover is 4.97. Mutual-Tek Industries Co's value of 1.72 is 65.4% below this industry median. Based on the distribution chart, Mutual-Tek Industries Co ranks #2012 out of 2468 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Mutual-Tek Industries Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mutual-Tek Industries Co's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Mutual-Tek Industries Co ranks #2012 out of 2468 companies for Receivables Turnover. This places Mutual-Tek Industries Co in the lower half of its industry. The industry median Receivables Turnover is 4.97. Mutual-Tek Industries Co's value of 1.72 is 65.4% 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. Mutual-Tek Industries Co's current Receivables Turnover of 1.72 is 65.4% 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 Mutual-Tek Industries Co 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. Mutual-Tek Industries Co's current Receivables Turnover is 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mutual-Tek Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Mutual-Tek Industries Co (ROCO:6407) is currently considered Fairly Valued. The stock's GF Value™ is NT$23.47, compared to a current price of NT$22.40 — trading 4.6% below its estimated fair value. The current Receivables Turnover is 1.72 and 65.4% below the Hardware industry median of 4.97. Mutual-Tek Industries Co's overall GF Score™ is 75/100 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 Mutual-Tek Industries Co (ROCO:6407), the current Receivables Turnover is 1.72 as of Dec. 2025. 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 Mutual-Tek Industries Co (ROCO:6407) Overvalued in 2026?

Based on GuruFocus' analysis, Mutual-Tek Industries Co stock appears to be undervalued. The current stock price of NT$22.40 is trading 4.6% below its estimated GF Value™ of NT$23.47. GuruFocus considers Mutual-Tek Industries Co to be Fairly Valued.

Key valuation signals for ROCO:6407:

  • Receivables Turnover: 1.72
  • GF Value™: NT$23.47 vs. price of NT$22.40 (4.6% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 65.4% below the Hardware median (#2012 of 2468)

No single metric tells the full story. See the ROCO:6407 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mutual-Tek Industries Co Business Description

Address Huacheng Road, No.25, Lane 195, Xinzhuang District, New Taipei City, Taipei, TWN, 242
Mutual-Tek Industries Co Ltd is involved in manufacturing multi-layer and double-sided printed circuit boards (PCBs). Its product offerings include Rigid-Flex Board, High-Density Interconnect PCB, High Layer count, and Ultra-Thin PCB among others.
75GF Score

Get the complete analysis for ROCO:6407

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

NT$22.40
Price
NT$23.47
GF Value