Jiu Han System Technology Co (ROCO:6903) Receivables Turnover: 1.87 (As of Mar. 2026)

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ROCO:6903 Jiu Han System Technology Co Ltd ROCO:6903
60 GF Score
Price NT$322.00
GF Value NT$232.20
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Jiu Han System Technology Co Receivables Turnover?

Jiu Han System Technology Co ROCO:6903 -1.23% 60 Receivables Turnover is 1.87 as of Mar. 2026. GuruFocus rates ROCO:6903 with a GF Score™ of 60/100 and a GF Value™ of NT$232.20 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,766 Construction companies, Jiu Han System Technology Co ranks better than 74.8% 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. Jiu Han System Technology Co's Revenue for the three months ended in Mar. 2026 was NT$1,926 Mil. Jiu Han System Technology Co's average Accounts Receivable for the three months ended in Mar. 2026 was NT$1,029 Mil. Hence, Jiu Han System Technology Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.87.


Jiu Han System Technology Co  (ROCO:6903) 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.


Jiu Han System Technology Co Receivables Turnover Related Terms


Jiu Han System Technology Co Receivables Turnover Historical Data

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The historical data trend for Jiu Han System Technology 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.

Jiu Han System Technology Co Receivables Turnover Chart

Jiu Han System Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 12.16 32.55 22.74 11.19 4.92

Jiu Han System Technology Co Quarterly Data
Dec19 Dec20 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 0.89 1.43 2.60 2.15 1.87

ROCO:6903 vs PWR, FIX, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, Jiu Han System Technology 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.


Jiu Han System Technology Co Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Jiu Han System Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jiu Han System Technology Co's Receivables Turnover falls into.


ROCO:6903
60GF Score
Jiu Han System Technology Co Ltd ROCO:6903
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiu Han System Technology Co Receivables Turnover Calculation

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

Jiu Han System Technology 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 )
=3604.128 / ((336.063 + 1128.819) / 2 )
=3604.128 / 732.441
=4.92

Jiu Han System Technology Co'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 )
=1925.756 / ((1128.819 + 929.307) / 2 )
=1925.756 / 1029.063
=1.87

* 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 1.87 mean?
Jiu Han System Technology Co (ROCO:6903) has a Receivables Turnover of 1.87 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 Jiu Han System Technology Co and its competitors. According to the industry distribution chart, Jiu Han System Technology Co ranks #445 out of 1766 companies in the Construction industry, placing it in the top 25.2%.
Is Jiu Han System Technology Co's Receivables Turnover too high?
Jiu Han System Technology Co's current Receivables Turnover is 1.87. The Construction industry median Receivables Turnover is 4.76. Jiu Han System Technology Co's value of 1.87 is 60.7% below this industry median. Based on the distribution chart, Jiu Han System Technology Co ranks #445 out of 1766 companies in the Construction industry, which is above the industry midpoint. Overall, Jiu Han System Technology Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiu Han System Technology Co's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Jiu Han System Technology Co ranks #445 out of 1766 companies for Receivables Turnover. This puts Jiu Han System Technology Co in the upper half of its industry. The industry median Receivables Turnover is 4.76. Jiu Han System Technology Co's value of 1.87 is 60.7% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.76, based on 1,766 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. Jiu Han System Technology Co's current Receivables Turnover of 1.87 is 60.7% 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 Jiu Han System Technology Co and its competitors. For the Construction industry, the median Receivables Turnover is 4.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiu Han System Technology Co's current Receivables Turnover is 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiu Han System Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jiu Han System Technology Co (ROCO:6903) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$232.20, compared to a current price of NT$322.00 — trading 38.7% above its estimated fair value. The current Receivables Turnover is 1.87 and 60.7% below the Construction industry median of 4.76. Jiu Han System Technology Co's overall GF Score™ is 60/100 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 Jiu Han System Technology Co (ROCO:6903), the current Receivables Turnover is 1.87 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 Jiu Han System Technology Co (ROCO:6903) Overvalued in 2026?

Based on GuruFocus' analysis, Jiu Han System Technology Co stock appears to be overvalued. The current stock price of NT$322.00 is trading 38.7% above its estimated GF Value™ of NT$232.20. GuruFocus considers Jiu Han System Technology Co to be Significantly Overvalued.

Key valuation signals for ROCO:6903:

  • Receivables Turnover: 1.87
  • GF Value™: NT$232.20 vs. price of NT$322.00 (38.7% above fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 60.7% below the Construction median (#445 of 1766)

No single metric tells the full story. See the ROCO:6903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiu Han System Technology Co Business Description

Address No. 324, Zhonghua Road, 8th Floor, Section 1, Dongyuanli, East District, Hsinchu, TWN, 300002
Jiu Han System Technology Co Ltd is engaged in business projects such as water, electricity, air conditioning engineering, fire safety equipment installation engineering, and pipe fitting engineering. The company also engages in the design and installation of engineering, instruments and meters, as well as the sale and purchase of related materials.
60GF Score

Get the complete analysis for ROCO:6903

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

NT$322.00
Price
NT$232.20
GF Value