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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. Forcelead Technology's Revenue for the
three
months ended in Jun. 2026 was NT$861 Mil. Forcelead Technology's average Accounts Receivable for the
three
months ended in Jun. 2026 was NT$329 Mil.
Hence, Forcelead Technology's Receivables Turnover for the
three
months ended in Jun. 2026 was 2.62.
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.
Forcelead Technology Receivables Turnover Related Terms
Forcelead Technology Receivables Turnover Historical Data
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The historical data trend for Forcelead Technology'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.
ROCO:6996 vs APH, GLW, TEL: Receivables Turnover Comparison
For the Electronic Components subindustry, Forcelead Technology'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.
Forcelead Technology Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Forcelead Technology's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Forcelead Technology'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.
Forcelead Technology (ROCO:6996) has a Receivables Turnover of 2.62 as of Jun. 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 Forcelead Technology and its competitors. According to the industry distribution chart, Forcelead Technology ranks #251 out of 2468 companies in the Hardware industry, placing it in the top 10.2%.
Is Forcelead Technology's Receivables Turnover too high?
Forcelead Technology's current Receivables Turnover is 2.62. The Hardware industry median Receivables Turnover is 4.99. Forcelead Technology's value of 2.62 is 47.4% below this industry median. Based on the distribution chart, Forcelead Technology ranks #251 out of 2468 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Forcelead Technology has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forcelead Technology's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Forcelead Technology ranks #251 out of 2468 companies for Receivables Turnover. This places Forcelead Technology in the top 10% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.99. Forcelead Technology's value of 2.62 is 47.4% 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 a Hardware company?
The median Receivables Turnover among Hardware companies is 4.99, based on 2,468 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. Forcelead Technology's current Receivables Turnover of 2.62 is 47.4% 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 Forcelead Technology and its competitors. For the Hardware industry, the median Receivables Turnover is 4.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forcelead Technology's current Receivables Turnover is 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forcelead Technology stock overvalued right now?
Based on GuruFocus' analysis, Forcelead Technology (ROCO:6996) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$205.96, compared to a current price of NT$179.50 — trading 12.8% below its estimated fair value. The current Receivables Turnover is 2.62 and 47.4% below the Hardware industry median of 4.99. Forcelead Technology's overall GF Score™ is 76/100 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 Forcelead Technology (ROCO:6996), the current Receivables Turnover is 2.62 as of Jun. 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 Forcelead Technology (ROCO:6996) Overvalued in 2026?
Based on GuruFocus' analysis, Forcelead Technology stock appears to be undervalued.
The current stock price of NT$179.50 is trading 12.8% below its estimated GF Value™ of NT$205.96.
GuruFocus considers Forcelead Technology to be Modestly Undervalued.
Key valuation signals for ROCO:6996:
Receivables Turnover: 2.62
GF Value™: NT$205.96 vs. price of NT$179.50 (12.8% below fair value)
Industry Position: 47.4% below the Hardware median (#251 of 2468)
No single metric tells the full story. See the ROCO:6996 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forcelead Technology Corp is an professional integrated chip design company mainly dedicated to the research and development and sales of display driver chips and touch integrated driver chips. Its products are mainly targeted in the automotive field, including display driver chips for instrument panels, center consoles, heads-up displays, electronic rearview mirrors, circular knobs, and other products.
76GF Score
Get the complete analysis for ROCO:6996
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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