Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Hui Min Environmental Tech's Revenue for the
three
months ended in Mar. 2026 was NT$494 Mil. Hui Min Environmental Tech's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$570 Mil.
Hence, Hui Min Environmental Tech's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.87.
Hui Min Environmental Tech (ROCO:6971) 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.
Hui Min Environmental Tech Receivables Turnover Related Terms
Hui Min Environmental Tech 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.
Hui Min Environmental Tech Receivables Turnover Chart
ROCO:6971 vs VLTO, ZWS, CECO: Receivables Turnover Comparison
For the Pollution & Treatment Controls subindustry, Hui Min Environmental Tech'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.
Hui Min Environmental Tech Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hui Min Environmental Tech's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hui Min Environmental Tech'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.
Hui Min Environmental Tech (ROCO:6971) has a Receivables Turnover of 0.87 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 Hui Min Environmental Tech and its competitors. According to the industry distribution chart, Hui Min Environmental Tech ranks #1545 out of 3033 companies in the Industrial Products industry, placing it in the top 50.9%.
Is Hui Min Environmental Tech's Receivables Turnover too high?
Hui Min Environmental Tech's current Receivables Turnover is 0.87. The Industrial Products industry median Receivables Turnover is 4.45. Hui Min Environmental Tech's value of 0.87 is 80.4% below this industry median. Based on the distribution chart, Hui Min Environmental Tech ranks #1545 out of 3033 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Hui Min Environmental Tech has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Hui Min Environmental Tech's Receivables Turnover compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Hui Min Environmental Tech ranks #1545 out of 3033 companies for Receivables Turnover. This places Hui Min Environmental Tech in the lower half of its industry. The industry median Receivables Turnover is 4.45. Hui Min Environmental Tech's value of 0.87 is 80.4% 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 4.45, based on 3,033 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. Hui Min Environmental Tech's current Receivables Turnover of 0.87 is 80.4% 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 Hui Min Environmental Tech and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hui Min Environmental Tech's current Receivables Turnover is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hui Min Environmental Tech stock overvalued right now?
Hui Min Environmental Tech (ROCO:6971) has a current Receivables Turnover of 0.87. The current Receivables Turnover is 0.87 and 80.4% below the Industrial Products industry median of 4.45. Hui Min Environmental Tech's overall GF Score™ is 13/100 with 5 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 Hui Min Environmental Tech (ROCO:6971), the current Receivables Turnover is 0.87 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.
Hui Min Environmental Tech Corp is an environmental protection engineering construction company. It is engaged in the environmental protection business and provides environmental engineering and related professional and technical services and also includes equipment manufacturing, sales of constructions, and operational maintenance of government contracts.
13GF Score
Get the complete analysis for ROCO:6971
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:6971 has been successfully added to your 
