Greenfiltec (ROCO:6823) Receivables Turnover: 1.49 (As of Mar. 2026)

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ROCO:6823 Greenfiltec Ltd ROCO:6823
75 GF Score
Price NT$62.80
GF Value NT$65.46
Valuation Fairly Valued
! 6 Warning Signs
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What is Greenfiltec Receivables Turnover?

Greenfiltec ROCO:6823 75 Receivables Turnover is 1.49 as of Mar. 2026. GuruFocus rates ROCO:6823 with a GF Score™ of 75/100 and a GF Value™ of NT$65.46 (Fairly Valued). The stock has 6 warning signs investors should review. Among 3,032 Industrial Products companies, Greenfiltec ranks better than 76.25% 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. Greenfiltec's Revenue for the three months ended in Mar. 2026 was NT$138.7 Mil. Greenfiltec's average Accounts Receivable for the three months ended in Mar. 2026 was NT$93.2 Mil. Hence, Greenfiltec's Receivables Turnover for the three months ended in Mar. 2026 was 1.49.


Greenfiltec  (ROCO:6823) 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.


Greenfiltec Receivables Turnover Related Terms


Greenfiltec Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Greenfiltec'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.

Greenfiltec Receivables Turnover Chart

Greenfiltec Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 7.42 6.60 4.22 6.40 6.36

Greenfiltec 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 1.50 1.54 1.75 1.41 1.49

ROCO:6823 vs VLTO, ZWS, CECO: Receivables Turnover Comparison

For the Pollution & Treatment Controls subindustry, Greenfiltec'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.


Greenfiltec Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Greenfiltec's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Greenfiltec's Receivables Turnover falls into.


ROCO:6823
75GF Score
Greenfiltec Ltd ROCO:6823
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Greenfiltec Receivables Turnover Calculation

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

Greenfiltec'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 )
=635.181 / ((84.695 + 115.067) / 2 )
=635.181 / 99.881
=6.36

Greenfiltec'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 )
=138.741 / ((115.067 + 71.243) / 2 )
=138.741 / 93.155
=1.49

* 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 1.49 mean?
Greenfiltec (ROCO:6823) has a Receivables Turnover of 1.49 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 Greenfiltec and its competitors. According to the industry distribution chart, Greenfiltec ranks #720 out of 3032 companies in the Industrial Products industry, placing it in the top 23.7%.
Is Greenfiltec's Receivables Turnover too high?
Greenfiltec's current Receivables Turnover is 1.49. The Industrial Products industry median Receivables Turnover is 4.49. Greenfiltec's value of 1.49 is 66.8% below this industry median. Based on the distribution chart, Greenfiltec ranks #720 out of 3032 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Greenfiltec has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Greenfiltec's Receivables Turnover compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Greenfiltec ranks #720 out of 3032 companies for Receivables Turnover. This places Greenfiltec in the top 24% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.49. Greenfiltec's value of 1.49 is 66.8% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.49, based on 3,032 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. Greenfiltec's current Receivables Turnover of 1.49 is 66.8% 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 Greenfiltec and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenfiltec's current Receivables Turnover is 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenfiltec stock overvalued right now?
Based on GuruFocus' analysis, Greenfiltec (ROCO:6823) is currently considered Fairly Valued. The stock's GF Value™ is NT$65.46, compared to a current price of NT$62.80 — trading 4.1% below its estimated fair value. The current Receivables Turnover is 1.49 and 66.8% below the Industrial Products industry median of 4.49. Greenfiltec's overall GF Score™ is 75/100 with 6 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 Greenfiltec (ROCO:6823), the current Receivables Turnover is 1.49 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 Greenfiltec (ROCO:6823) Overvalued in 2026?

Based on GuruFocus' analysis, Greenfiltec stock appears to be undervalued. The current stock price of NT$62.80 is trading 4.1% below its estimated GF Value™ of NT$65.46. GuruFocus considers Greenfiltec to be Fairly Valued.

Key valuation signals for ROCO:6823:

  • Receivables Turnover: 1.49
  • GF Value™: NT$65.46 vs. price of NT$62.80 (4.1% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 66.8% below the Industrial Products median (#720 of 3032)

No single metric tells the full story. See the ROCO:6823 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greenfiltec Business Description

Address Lane 199, Zhongshan Noth Road, 2nd Floor, No.98, Section 1, Yangmei District, Taoyuan, TWN, 32665
Greenfiltec Ltd is engaged in the technique of micro-pollution control. The company provides customized chemical filter products and services for clean air needs. Its product portfolio includes Mobile Trolleys, Mobile High Air Volume Trolleys, Machine Filters, and Stacked Chemical Filters among others. Geographically, the company derives a majority of its revenue from Taiwan and the rest from other regions.
75GF Score

Get the complete analysis for ROCO:6823

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

NT$62.80
Price
NT$65.46
GF Value