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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. Luminescence Technology's Revenue for the
six
months ended in Dec. 2025 was NT$54.0 Mil. Luminescence Technology's average Accounts Receivable for the
six
months ended in Dec. 2025 was NT$11.6 Mil.
Hence, Luminescence Technology's Receivables Turnover for the
six
months ended in Dec. 2025 was 4.64.
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.
Luminescence Technology Receivables Turnover Related Terms
Luminescence Technology Receivables Turnover Historical Data
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The historical data trend for Luminescence Technology'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 Chemicals subindustry, Luminescence Technology'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.
Luminescence Technology Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Luminescence Technology's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Luminescence Technology'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.
Luminescence Technology (ROCO:6729) has a Receivables Turnover of 4.64 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 Luminescence Technology and its competitors. According to the industry distribution chart, Luminescence Technology ranks #226 out of 1579 companies in the Chemicals industry, placing it in the top 14.3%.
Is Luminescence Technology's Receivables Turnover too high?
Luminescence Technology's current Receivables Turnover is 4.64. The Chemicals industry median Receivables Turnover is 5.64. Luminescence Technology's value of 4.64 is 17.7% below this industry median. Based on the distribution chart, Luminescence Technology ranks #226 out of 1579 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Luminescence Technology has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Luminescence Technology's Receivables Turnover compare to DOW?
According to the Chemicals industry distribution chart, Luminescence Technology ranks #226 out of 1579 companies for Receivables Turnover. This places Luminescence Technology in the top 14% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.64. Luminescence Technology's value of 4.64 is 17.7% 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. Luminescence Technology's current Receivables Turnover of 4.64 is 17.7% 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 Luminescence Technology 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. Luminescence Technology's current Receivables Turnover is 4.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luminescence Technology stock overvalued right now?
Based on GuruFocus' analysis, Luminescence Technology (ROCO:6729) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$24.78, compared to a current price of NT$42.00 — trading 69.5% above its estimated fair value. The current Receivables Turnover is 4.64 and 17.7% below the Chemicals industry median of 5.64. Luminescence Technology's overall GF Score™ is 76/100 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 Luminescence Technology (ROCO:6729), the current Receivables Turnover is 4.64 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 Luminescence Technology (ROCO:6729) Overvalued in 2026?
Based on GuruFocus' analysis, Luminescence Technology stock appears to be overvalued.
The current stock price of NT$42.00 is trading 69.5% above its estimated GF Value™ of NT$24.78.
GuruFocus considers Luminescence Technology to be Significantly Overvalued.
Key valuation signals for ROCO:6729:
Receivables Turnover: 4.64
GF Value™: NT$24.78 vs. price of NT$42.00 (69.5% above fair value)
Industry Position: 17.7% below the Chemicals median (#226 of 1579)
No single metric tells the full story. See the ROCO:6729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Luminescence Technology Corp is a Taiwan based chemical manufacturing company. The firm's product range consists of OLED material, OPV material, OTFT material, Organic intermediates, Boronic Acid, ITO patterned glass and components among others.
76GF Score
Get the complete analysis for ROCO:6729
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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