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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. Hua Yang Precision Machinery Co's Revenue for the
three
months ended in Mar. 2026 was NT$49.3 Mil. Hua Yang Precision Machinery Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$49.0 Mil.
Hence, Hua Yang Precision Machinery Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.01.
Hua Yang Precision Machinery Co (ROCO:6983) 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.
Hua Yang Precision Machinery Co Receivables Turnover Related Terms
Hua Yang Precision Machinery 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.
Hua Yang Precision Machinery Co Receivables Turnover Chart
ROCO:6983 vs VRT, BE: Receivables Turnover Comparison
For the Electrical Equipment & Parts subindustry, Hua Yang Precision Machinery 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.
Hua Yang Precision Machinery Co Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hua Yang Precision Machinery Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hua Yang Precision Machinery 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.
Hua Yang Precision Machinery Co (ROCO:6983) has a Receivables Turnover of 1.01 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 Hua Yang Precision Machinery Co and its competitors. According to the industry distribution chart, Hua Yang Precision Machinery Co ranks #1452 out of 3035 companies in the Industrial Products industry, placing it in the top 47.8%.
Is Hua Yang Precision Machinery Co's Receivables Turnover too high?
Hua Yang Precision Machinery Co's current Receivables Turnover is 1.01. The Industrial Products industry median Receivables Turnover is 4.45. Hua Yang Precision Machinery Co's value of 1.01 is 77.3% below this industry median. Based on the distribution chart, Hua Yang Precision Machinery Co ranks #1452 out of 3035 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hua Yang Precision Machinery Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hua Yang Precision Machinery Co's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hua Yang Precision Machinery Co ranks #1452 out of 3035 companies for Receivables Turnover. This puts Hua Yang Precision Machinery Co in the upper half of its industry. The industry median Receivables Turnover is 4.45. Hua Yang Precision Machinery Co's value of 1.01 is 77.3% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,035 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. Hua Yang Precision Machinery Co's current Receivables Turnover of 1.01 is 77.3% 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 Hua Yang Precision Machinery Co 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. Hua Yang Precision Machinery Co's current Receivables Turnover is 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hua Yang Precision Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Hua Yang Precision Machinery Co (ROCO:6983) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$214.07, compared to a current price of NT$298.50 — trading 39.4% above its estimated fair value. The current Receivables Turnover is 1.01 and 77.3% below the Industrial Products industry median of 4.45. Hua Yang Precision Machinery Co's overall GF Score™ is 63/100 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 Hua Yang Precision Machinery Co (ROCO:6983), the current Receivables Turnover is 1.01 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 Hua Yang Precision Machinery Co (ROCO:6983) Overvalued in 2026?
Based on GuruFocus' analysis, Hua Yang Precision Machinery Co stock appears to be overvalued.
The current stock price of NT$298.50 is trading 39.4% above its estimated GF Value™ of NT$214.07.
GuruFocus considers Hua Yang Precision Machinery Co to be Significantly Overvalued.
Key valuation signals for ROCO:6983:
Receivables Turnover: 1.01
GF Value™: NT$214.07 vs. price of NT$298.50 (39.4% above fair value)
Industry Position: 77.3% below the Industrial Products median (#1452 of 3035)
No single metric tells the full story. See the ROCO:6983 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hua Yang Precision Machinery Co Ltd is engaged in research and development of suitable equipment for inspection, measurement, and automated production, to help its clients shorten their production time. Its product category comprises of Automated Optical Inspection, Automation Solution and Others.
63GF Score
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