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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. TacBright Optronics's Revenue for the
six
months ended in Dec. 2025 was NT$575 Mil. TacBright Optronics's average Accounts Receivable for the
six
months ended in Dec. 2025 was NT$240 Mil.
Hence, TacBright Optronics's Receivables Turnover for the
six
months ended in Dec. 2025 was 2.39.
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.
TacBright Optronics Receivables Turnover Related Terms
TacBright Optronics Receivables Turnover Historical Data
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The historical data trend for TacBright Optronics'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:6434 vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, TacBright Optronics'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.
TacBright Optronics Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, TacBright Optronics's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where TacBright Optronics'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.
TacBright Optronics (ROCO:6434) has a Receivables Turnover of 2.39 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 TacBright Optronics and its competitors. According to the industry distribution chart, TacBright Optronics ranks #1037 out of 1578 companies in the Chemicals industry, placing it in the top 65.7%.
Is TacBright Optronics' Receivables Turnover too high?
TacBright Optronics' current Receivables Turnover is 2.39. The Chemicals industry median Receivables Turnover is 5.61. TacBright Optronics' value of 2.39 is 57.4% below this industry median. Based on the distribution chart, TacBright Optronics ranks #1037 out of 1578 companies in the Chemicals industry, which is below the industry midpoint. Overall, TacBright Optronics has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TacBright Optronics' Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, TacBright Optronics ranks #1037 out of 1578 companies for Receivables Turnover. This places TacBright Optronics in the lower half of its industry. The industry median Receivables Turnover is 5.61. TacBright Optronics' value of 2.39 is 57.4% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.61, based on 1,578 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. TacBright Optronics's current Receivables Turnover of 2.39 is 57.4% 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 TacBright Optronics and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TacBright Optronics'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 TacBright Optronics stock overvalued right now?
Based on GuruFocus' analysis, TacBright Optronics (ROCO:6434) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$4.07, compared to a current price of NT$16.00 — trading 293.1% above its estimated fair value. The current Receivables Turnover is 2.39 and 57.4% below the Chemicals industry median of 5.61. TacBright Optronics' overall GF Score™ is 39/100 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 TacBright Optronics (ROCO:6434), the current Receivables Turnover is 2.39 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 TacBright Optronics (ROCO:6434) Overvalued in 2026?
Based on GuruFocus' analysis, TacBright Optronics stock appears to be overvalued.
The current stock price of NT$16.00 is trading 293.1% above its estimated GF Value™ of NT$4.07.
GuruFocus considers TacBright Optronics to be Significantly Overvalued.
Key valuation signals for ROCO:6434:
Receivables Turnover: 2.39
GF Value™: NT$4.07 vs. price of NT$16.00 (293.1% above fair value)
Industry Position: 57.4% below the Chemicals median (#1037 of 1578)
No single metric tells the full story. See the ROCO:6434 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TacBright Optronics Corp is engaged in synthetic resin and plastic manufacturing, surface treatment, wholesale and retail of chemical raw materials, and electronics. Wholesale and retail of sub-materials and manufacturing of precision chemical materials.
39GF Score
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