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Shine Trend International Multimedia Tec (ROCO:6856) 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.
Shine Trend International Multimedia Tec Receivables Turnover Related Terms
Shine Trend International Multimedia Tec Receivables Turnover Historical Data
* 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.
Shine Trend International Multimedia Tec Receivables Turnover Chart
Shine Trend International Multimedia Tec Annual Data
ROCO:6856 vs NFLX, DIS, WBD: Receivables Turnover Comparison
For the Entertainment subindustry, Shine Trend International Multimedia Tec'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.
Shine Trend International Multimedia Tec Receivables Turnover vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Shine Trend International Multimedia Tec's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Shine Trend International Multimedia Tec'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.
Shine Trend International Multimedia Tec (ROCO:6856) has a Receivables Turnover of 2.46 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 Shine Trend International Multimedia Tec and its competitors. According to the industry distribution chart, Shine Trend International Multimedia Tec ranks #149 out of 1002 companies in the Media - Diversified industry, placing it in the top 14.9%.
Is Shine Trend International Multimedia Tec's Receivables Turnover too high?
Shine Trend International Multimedia Tec's current Receivables Turnover is 2.46. The Media - Diversified industry median Receivables Turnover is 5.47. Shine Trend International Multimedia Tec's value of 2.46 is 55% below this industry median. Based on the distribution chart, Shine Trend International Multimedia Tec ranks #149 out of 1002 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Shine Trend International Multimedia Tec has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shine Trend International Multimedia Tec's Receivables Turnover compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Shine Trend International Multimedia Tec ranks #149 out of 1002 companies for Receivables Turnover. This places Shine Trend International Multimedia Tec in the top 15% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.47. Shine Trend International Multimedia Tec's value of 2.46 is 55% 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 Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.47, based on 1,002 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. Shine Trend International Multimedia Tec's current Receivables Turnover of 2.46 is 55% 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 Shine Trend International Multimedia Tec and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shine Trend International Multimedia Tec's current Receivables Turnover is 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shine Trend International Multimedia Tec stock overvalued right now?
Based on GuruFocus' analysis, Shine Trend International Multimedia Tec (ROCO:6856) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$110.38, compared to a current price of NT$44.80 — trading 59.4% below its estimated fair value. The current Receivables Turnover is 2.46 and 55% below the Media - Diversified industry median of 5.47. Shine Trend International Multimedia Tec's overall GF Score™ is 83/100 with 4 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 Shine Trend International Multimedia Tec (ROCO:6856), the current Receivables Turnover is 2.46 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 Shine Trend International Multimedia Tec (ROCO:6856) Overvalued in 2026?
Based on GuruFocus' analysis, Shine Trend International Multimedia Tec stock appears to be undervalued.
The current stock price of NT$44.80 is trading 59.4% below its estimated GF Value™ of NT$110.38.
GuruFocus considers Shine Trend International Multimedia Tec to be Significantly Undervalued.
Key valuation signals for ROCO:6856:
Receivables Turnover: 2.46
GF Value™: NT$110.38 vs. price of NT$44.80 (59.4% below fair value)
Industry Position: 55% below the Media - Diversified median (#149 of 1002)
No single metric tells the full story. See the ROCO:6856 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shine Trend International Multimedia Tec is involved in the entertainment business. The company is focused on the production of programs for television.
83GF Score
Get the complete analysis for ROCO:6856
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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