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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. Handa Pharmaceuticals's Revenue for the
three
months ended in Mar. 2026 was NT$210 Mil. Handa Pharmaceuticals's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$528 Mil.
Hence, Handa Pharmaceuticals's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.40.
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.
Handa Pharmaceuticals Receivables Turnover Related Terms
Handa Pharmaceuticals Receivables Turnover Historical Data
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The historical data trend for Handa Pharmaceuticals'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.
For the Drug Manufacturers - Specialty & Generic subindustry, Handa Pharmaceuticals'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.
Handa Pharmaceuticals Receivables Turnover vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Handa Pharmaceuticals's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Handa Pharmaceuticals'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.
Handa Pharmaceuticals (ROCO:6620) has a Receivables Turnover of 0.40 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 Handa Pharmaceuticals and its competitors. According to the industry distribution chart, Handa Pharmaceuticals ranks #727 out of 947 companies in the Drug Manufacturers industry, placing it in the top 76.8%.
Is Handa Pharmaceuticals' Receivables Turnover too high?
Handa Pharmaceuticals' current Receivables Turnover is 0.40. The Drug Manufacturers industry median Receivables Turnover is 5.07. Handa Pharmaceuticals' value of 0.40 is 92.1% below this industry median. Based on the distribution chart, Handa Pharmaceuticals ranks #727 out of 947 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Handa Pharmaceuticals has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Handa Pharmaceuticals' Receivables Turnover compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Handa Pharmaceuticals ranks #727 out of 947 companies for Receivables Turnover. This places Handa Pharmaceuticals in the lower half of its industry. The industry median Receivables Turnover is 5.07. Handa Pharmaceuticals' value of 0.40 is 92.1% 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 Drug Manufacturers company?
The median Receivables Turnover among Drug Manufacturers companies is 5.07, based on 947 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. Handa Pharmaceuticals's current Receivables Turnover of 0.40 is 92.1% 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 Handa Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median Receivables Turnover is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Handa Pharmaceuticals's current Receivables Turnover is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Handa Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Handa Pharmaceuticals (ROCO:6620) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$153.22, compared to a current price of NT$76.60 — trading 50% below its estimated fair value. The current Receivables Turnover is 0.40 and 92.1% below the Drug Manufacturers industry median of 5.07. Handa Pharmaceuticals' overall GF Score™ is 76/100. 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 Handa Pharmaceuticals (ROCO:6620), the current Receivables Turnover is 0.40 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 Handa Pharmaceuticals (ROCO:6620) Overvalued in 2026?
Based on GuruFocus' analysis, Handa Pharmaceuticals stock appears to be undervalued.
The current stock price of NT$76.60 is trading 50% below its estimated GF Value™ of NT$153.22.
GuruFocus considers Handa Pharmaceuticals to be Significantly Undervalued.
Key valuation signals for ROCO:6620:
Receivables Turnover: 0.40
GF Value™: NT$153.22 vs. price of NT$76.60 (50% below fair value)
Industry Position: 92.1% below the Drug Manufacturers median (#727 of 947)
No single metric tells the full story. See the ROCO:6620 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Handa Pharmaceuticals Inc is a Taiwan-based specialty pharmaceutical company. It is engaged in the development of niche drugs. The company focuses on the development of high-barrier/patentable niche products.
76GF Score
Get the complete analysis for ROCO:6620
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