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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. ION Electronic Materials Co's Revenue for the
six
months ended in Dec. 2025 was NT$384.6 Mil. ION Electronic Materials Co's average Accounts Receivable for the
six
months ended in Dec. 2025 was NT$203.6 Mil.
Hence, ION Electronic Materials Co's Receivables Turnover for the
six
months ended in Dec. 2025 was 1.89.
ION Electronic Materials Co (ROCO:6959) 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.
ION Electronic Materials Co Receivables Turnover Related Terms
ION Electronic Materials Co 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.
ION Electronic Materials Co Receivables Turnover Chart
ROCO:6959 vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, ION Electronic Materials 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.
ION Electronic Materials Co Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, ION Electronic Materials Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where ION Electronic Materials Co'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.
ION Electronic Materials Co (ROCO:6959) has a Receivables Turnover of 1.89 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 ION Electronic Materials Co and its competitors. According to the industry distribution chart, ION Electronic Materials Co ranks #1225 out of 1577 companies in the Chemicals industry, placing it in the top 77.7%.
Is ION Electronic Materials Co's Receivables Turnover too high?
ION Electronic Materials Co's current Receivables Turnover is 1.89. The Chemicals industry median Receivables Turnover is 5.61. ION Electronic Materials Co's value of 1.89 is 66.3% below this industry median. Based on the distribution chart, ION Electronic Materials Co ranks #1225 out of 1577 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, ION Electronic Materials Co has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ION Electronic Materials Co's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, ION Electronic Materials Co ranks #1225 out of 1577 companies for Receivables Turnover. This places ION Electronic Materials Co in the lower half of its industry. The industry median Receivables Turnover is 5.61. ION Electronic Materials Co's value of 1.89 is 66.3% 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 5.61, based on 1,577 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. ION Electronic Materials Co's current Receivables Turnover of 1.89 is 66.3% 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 ION Electronic Materials Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ION Electronic Materials Co's current Receivables Turnover is 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ION Electronic Materials Co stock overvalued right now?
Based on GuruFocus' analysis, ION Electronic Materials Co (ROCO:6959) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$87.96, compared to a current price of NT$103.00 — trading 17.1% above its estimated fair value. The current Receivables Turnover is 1.89 and 66.3% below the Chemicals industry median of 5.61. ION Electronic Materials Co's overall GF Score™ is 49/100 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 ION Electronic Materials Co (ROCO:6959), the current Receivables Turnover is 1.89 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 ION Electronic Materials Co (ROCO:6959) Overvalued in 2026?
Based on GuruFocus' analysis, ION Electronic Materials Co stock appears to be overvalued.
The current stock price of NT$103.00 is trading 17.1% above its estimated GF Value™ of NT$87.96.
GuruFocus considers ION Electronic Materials Co to be Modestly Overvalued.
Key valuation signals for ROCO:6959:
Receivables Turnover: 1.89
GF Value™: NT$87.96 vs. price of NT$103.00 (17.1% above fair value)
Industry Position: 66.3% below the Chemicals median (#1225 of 1577)
No single metric tells the full story. See the ROCO:6959 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ION Electronic Materials Co Ltd focuses on special materials for the electronics industry and provides local services, With development capabilities and multi-national patents, it looks forward to contributing to Taiwan's technology industry. Its main products are advanced semiconductor materials. It has negative pressure steel cylinder production technology and localized production advantages. It has passed ISO 9001 certification and is a supplier partner of major semiconductor factories.
49GF Score
Get the complete analysis for ROCO:6959
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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