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.
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.
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. Promate Solutions's Revenue for the
three
months ended in Jun. 2026 was NT$510 Mil. Promate Solutions's average Accounts Receivable for the
three
months ended in Jun. 2026 was NT$323 Mil.
Hence, Promate Solutions's Receivables Turnover for the
three
months ended in Jun. 2026 was 1.58.
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.
Promate Solutions Receivables Turnover Related Terms
Promate Solutions Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Promate Solutions'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:6577 vs APH, GLW, TEL: Receivables Turnover Comparison
For the Electronic Components subindustry, Promate Solutions'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.
Promate Solutions Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Promate Solutions's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Promate Solutions'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.
Promate Solutions (ROCO:6577) has a Receivables Turnover of 1.58 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 Promate Solutions and its competitors. According to the industry distribution chart, Promate Solutions ranks #701 out of 2466 companies in the Hardware industry, placing it in the top 28.4%.
Is Promate Solutions' Receivables Turnover too high?
Promate Solutions' current Receivables Turnover is 1.58. The Hardware industry median Receivables Turnover is 4.99. Promate Solutions' value of 1.58 is 68.3% below this industry median. Based on the distribution chart, Promate Solutions ranks #701 out of 2466 companies in the Hardware industry, which is above the industry midpoint. Overall, Promate Solutions has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Promate Solutions' Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Promate Solutions ranks #701 out of 2466 companies for Receivables Turnover. This puts Promate Solutions in the upper half of its industry. The industry median Receivables Turnover is 4.99. Promate Solutions' value of 1.58 is 68.3% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.99, based on 2,466 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. Promate Solutions's current Receivables Turnover of 1.58 is 68.3% 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 Promate Solutions and its competitors. For the Hardware industry, the median Receivables Turnover is 4.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Promate Solutions's current Receivables Turnover is 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Promate Solutions stock overvalued right now?
Based on GuruFocus' analysis, Promate Solutions (ROCO:6577) is currently considered Fairly Valued. The stock's GF Value™ is NT$74.07, compared to a current price of NT$81.40 — trading 9.9% above its estimated fair value. The current Receivables Turnover is 1.58 and 68.3% below the Hardware industry median of 4.99. Promate Solutions' overall GF Score™ is 90/100 with 2 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 Promate Solutions (ROCO:6577), the current Receivables Turnover is 1.58 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 Promate Solutions (ROCO:6577) Overvalued in 2026?
Based on GuruFocus' analysis, Promate Solutions stock appears to be overvalued.
The current stock price of NT$81.40 is trading 9.9% above its estimated GF Value™ of NT$74.07.
GuruFocus considers Promate Solutions to be Fairly Valued.
Key valuation signals for ROCO:6577:
Receivables Turnover: 1.58
GF Value™: NT$74.07 vs. price of NT$81.40 (9.9% above fair value)
Industry Position: 68.3% below the Hardware median (#701 of 2466)
No single metric tells the full story. See the ROCO:6577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Promate Solutions Corp is engaged in the research and development, and manufacture of medical touch screen displays, embedded control systems, special applications, and industrial displays, and research and development of application software and hardware.
90GF Score
Get the complete analysis for ROCO:6577
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:6577 has been successfully added to your 
