Shuang-Bang Industrial (ROCO:6506) Receivables Turnover: 1.41 (As of Mar. 2026)

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ROCO:6506 Shuang-Bang Industrial Corp ROCO:6506
68 GF Score
Price NT$17.25
GF Value NT$17.92
Valuation Fairly Valued
! 5 Warning Signs
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What is Shuang-Bang Industrial Receivables Turnover?

Shuang-Bang Industrial ROCO:6506 +0.29% 68 Receivables Turnover is 1.41 as of Mar. 2026. GuruFocus rates ROCO:6506 with a GF Score™ of 68/100 and a GF Value™ of NT$17.92 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,579 Chemicals companies, Shuang-Bang Industrial ranks worse than 62.38% 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. Shuang-Bang Industrial's Revenue for the three months ended in Mar. 2026 was NT$571 Mil. Shuang-Bang Industrial's average Accounts Receivable for the three months ended in Mar. 2026 was NT$405 Mil. Hence, Shuang-Bang Industrial's Receivables Turnover for the three months ended in Mar. 2026 was 1.41.


Shuang-Bang Industrial  (ROCO:6506) 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.


Shuang-Bang Industrial Receivables Turnover Related Terms


Shuang-Bang Industrial Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Shuang-Bang Industrial'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.

Shuang-Bang Industrial Receivables Turnover Chart

Shuang-Bang Industrial 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 6.43 5.96 4.55 5.33 4.97

Shuang-Bang Industrial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.29 1.21 1.20 1.20 1.41

ROCO:6506 vs LIN, SHW, ECL: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, Shuang-Bang Industrial'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.


Shuang-Bang Industrial Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shuang-Bang Industrial's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shuang-Bang Industrial's Receivables Turnover falls into.


ROCO:6506
68GF Score
Shuang-Bang Industrial Corp ROCO:6506
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shuang-Bang Industrial Receivables Turnover Calculation

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

Shuang-Bang Industrial'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 )
=1875.443 / ((387.404 + 367.811) / 2 )
=1875.443 / 377.6075
=4.97

Shuang-Bang Industrial's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=571.346 / ((367.811 + 442.085) / 2 )
=571.346 / 404.948
=1.41

* 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 1.41 mean?
Shuang-Bang Industrial (ROCO:6506) has a Receivables Turnover of 1.41 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 Shuang-Bang Industrial and its competitors. According to the industry distribution chart, Shuang-Bang Industrial ranks #985 out of 1579 companies in the Chemicals industry, placing it in the top 62.4%.
Is Shuang-Bang Industrial's Receivables Turnover too high?
Shuang-Bang Industrial's current Receivables Turnover is 1.41. The Chemicals industry median Receivables Turnover is 5.64. Shuang-Bang Industrial's value of 1.41 is 75% below this industry median. Based on the distribution chart, Shuang-Bang Industrial ranks #985 out of 1579 companies in the Chemicals industry, which is below the industry midpoint. Overall, Shuang-Bang Industrial has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shuang-Bang Industrial's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shuang-Bang Industrial ranks #985 out of 1579 companies for Receivables Turnover. This places Shuang-Bang Industrial in the lower half of its industry. The industry median Receivables Turnover is 5.64. Shuang-Bang Industrial's value of 1.41 is 75% 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 5.64, based on 1,579 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. Shuang-Bang Industrial's current Receivables Turnover of 1.41 is 75% 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 Shuang-Bang Industrial and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shuang-Bang Industrial's current Receivables Turnover is 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shuang-Bang Industrial stock overvalued right now?
Based on GuruFocus' analysis, Shuang-Bang Industrial (ROCO:6506) is currently considered Fairly Valued. The stock's GF Value™ is NT$17.92, compared to a current price of NT$17.25 — trading 3.7% below its estimated fair value. The current Receivables Turnover is 1.41 and 75% below the Chemicals industry median of 5.64. Shuang-Bang Industrial's overall GF Score™ is 68/100 with 5 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 Shuang-Bang Industrial (ROCO:6506), the current Receivables Turnover is 1.41 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 Shuang-Bang Industrial (ROCO:6506) Overvalued in 2026?

Based on GuruFocus' analysis, Shuang-Bang Industrial stock appears to be undervalued. The current stock price of NT$17.25 is trading 3.7% below its estimated GF Value™ of NT$17.92. GuruFocus considers Shuang-Bang Industrial to be Fairly Valued.

Key valuation signals for ROCO:6506:

  • Receivables Turnover: 1.41
  • GF Value™: NT$17.92 vs. price of NT$17.25 (3.7% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 75% below the Chemicals median (#985 of 1579)

No single metric tells the full story. See the ROCO:6506 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shuang-Bang Industrial Business Description

Address No. 3 Yongsing Road, Nankang Industrial District, Nantou City, TWN, 540
Shuang-Bang Industrial Corp is engaged in the manufacturing of PU resin for shoes, coating and lamination, hardener, and Thermoplastic Polyurethane (TPU) and the sales of photoinitiators. The group has four segments, including coating and lamination, polymer, TPU, and sports. It generates the majority of its revenue from the coating and lamination segment engaged in manufacturing. The TPU segment is engaged in manufacturing of PU resin for shoes, coating and lamination, hardener, and Thermoplastic Polyurethane (TPU) and sales of photo initiators.
68GF Score

Get the complete analysis for ROCO:6506

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

NT$17.25
Price
NT$17.92
GF Value