Thai Kin Co (ROCO:6629) Receivables Turnover: 1.91 (As of Dec. 2025)

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ROCO:6629 Thai Kin Co Ltd ROCO:6629
92 GF Score
Price NT$100.50
GF Value NT$108.17
Valuation Fairly Valued
! 3 Warning Signs
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What is Thai Kin Co Receivables Turnover?

Thai Kin Co ROCO:6629 +0.50% 92 Receivables Turnover is 1.91 as of Dec. 2025. GuruFocus rates ROCO:6629 with a GF Score™ of 92/100 and a GF Value™ of NT$108.17 (Fairly Valued). The stock has 3 warning signs investors should review. Among 431 Furnishings, Fixtures & Appliances companies, Thai Kin Co ranks worse than 69.84% 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. Thai Kin Co's Revenue for the three months ended in Dec. 2025 was NT$591 Mil. Thai Kin Co's average Accounts Receivable for the three months ended in Dec. 2025 was NT$310 Mil. Hence, Thai Kin Co's Receivables Turnover for the three months ended in Dec. 2025 was 1.91.


Thai Kin Co  (ROCO:6629) 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.


Thai Kin Co Receivables Turnover Related Terms


Thai Kin Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Thai Kin 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.

Thai Kin Co Receivables Turnover Chart

Thai Kin 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 6.19 6.07 4.93 5.61 5.72

Thai Kin Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.97 1.13 0.93 1.44 1.91

ROCO:6629 vs SN, SGI, MHK: Receivables Turnover Comparison

For the Furnishings, Fixtures & Appliances subindustry, Thai Kin 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.


Thai Kin Co Receivables Turnover vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Thai Kin Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Thai Kin Co's Receivables Turnover falls into.


ROCO:6629
92GF Score
Thai Kin Co Ltd ROCO:6629
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Kin Co Receivables Turnover Calculation

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

Thai Kin 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 )
=1742.371 / ((325.204 + 284.176) / 2 )
=1742.371 / 304.69
=5.72

Thai Kin 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: Sep. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=590.824 / ((335.664 + 284.176) / 2 )
=590.824 / 309.92
=1.91

* 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 1.91 mean?
Thai Kin Co (ROCO:6629) has a Receivables Turnover of 1.91 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 Thai Kin Co and its competitors. According to the industry distribution chart, Thai Kin Co ranks #301 out of 431 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 69.8%.
Is Thai Kin Co's Receivables Turnover too high?
Thai Kin Co's current Receivables Turnover is 1.91. The Furnishings, Fixtures & Appliances industry median Receivables Turnover is 7.08. Thai Kin Co's value of 1.91 is 73% below this industry median. Based on the distribution chart, Thai Kin Co ranks #301 out of 431 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Thai Kin Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Kin Co's Receivables Turnover compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Thai Kin Co ranks #301 out of 431 companies for Receivables Turnover. This places Thai Kin Co in the lower half of its industry. The industry median Receivables Turnover is 7.08. Thai Kin Co's value of 1.91 is 73% 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 Furnishings, Fixtures & Appliances company?
The median Receivables Turnover among Furnishings, Fixtures & Appliances companies is 7.08, based on 431 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. Thai Kin Co's current Receivables Turnover of 1.91 is 73% 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 Thai Kin Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Receivables Turnover is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Kin Co's current Receivables Turnover is 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Kin Co stock overvalued right now?
Based on GuruFocus' analysis, Thai Kin Co (ROCO:6629) is currently considered Fairly Valued. The stock's GF Value™ is NT$108.17, compared to a current price of NT$100.50 — trading 7.1% below its estimated fair value. The current Receivables Turnover is 1.91 and 73% below the Furnishings, Fixtures & Appliances industry median of 7.08. Thai Kin Co's overall GF Score™ is 92/100 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 Thai Kin Co (ROCO:6629), the current Receivables Turnover is 1.91 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 Thai Kin Co (ROCO:6629) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Kin Co stock appears to be undervalued. The current stock price of NT$100.50 is trading 7.1% below its estimated GF Value™ of NT$108.17. GuruFocus considers Thai Kin Co to be Fairly Valued.

Key valuation signals for ROCO:6629:

  • Receivables Turnover: 1.91
  • GF Value™: NT$108.17 vs. price of NT$100.50 (7.1% below fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 73% below the Furnishings, Fixtures & Appliances median (#301 of 431)

No single metric tells the full story. See the ROCO:6629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Kin Co Business Description

Address No.152, Songjiang Road, 13th Floor, Room A, Section 3, Zhongshan District, Taipei, TWN, 104
Thai Kin Co Ltd is a manufacturer of casting for furniture. The company also offers diverse packaging options, catering to both retail system packaging and direct-to-shelf retail needs. The product portfolio of the company includes Cabinet Hardware, Drapery Hardware, Bathroom Accessories, Shelf Supports, Hooks, Decorative Accessories, Candle Holders, among others. Geographically, it derives a majority of its revenue from America and also has a presence in Europe and Asia.
92GF Score

Get the complete analysis for ROCO:6629

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

NT$100.50
Price
NT$108.17
GF Value