IOVTEC Co (ROCO:7583) Receivables Turnover: 4.30 (As of Dec. 2025)

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ROCO:7583 IOVTEC Co Ltd ROCO:7583
18 GF Score
Price NT$32.45
! 4 Warning Signs
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What is IOVTEC Co Receivables Turnover?

IOVTEC Co ROCO:7583 -9.48% 18 Receivables Turnover is 4.30 as of Dec. 2025. GuruFocus rates ROCO:7583 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,766 Construction companies, IOVTEC Co ranks better than 75.42% 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. IOVTEC Co's Revenue for the six months ended in Dec. 2025 was NT$750 Mil. IOVTEC Co's average Accounts Receivable for the six months ended in Dec. 2025 was NT$175 Mil. Hence, IOVTEC Co's Receivables Turnover for the six months ended in Dec. 2025 was 4.30.


IOVTEC Co  (ROCO:7583) 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.


IOVTEC Co Receivables Turnover Related Terms


IOVTEC Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for IOVTEC 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.

IOVTEC Co Receivables Turnover Chart

IOVTEC Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
2.19 4.08 6.89 8.69 8.10

IOVTEC Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 3.52 3.08 2.61 3.05 4.30

ROCO:7583 vs PWR, FIX, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, IOVTEC 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.


IOVTEC Co Receivables Turnover vs Construction Industry

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

* The bar in red indicates where IOVTEC Co's Receivables Turnover falls into.


ROCO:7583
18GF Score
IOVTEC Co Ltd ROCO:7583
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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IOVTEC Co Receivables Turnover Calculation

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

IOVTEC 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 )
=1191.481 / ((117.075 + 177.082) / 2 )
=1191.481 / 147.0785
=8.10

IOVTEC Co's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=750.106 / ((171.999 + 177.082) / 2 )
=750.106 / 174.5405
=4.30

* 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 4.30 mean?
IOVTEC Co (ROCO:7583) has a Receivables Turnover of 4.30 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 IOVTEC Co and its competitors. According to the industry distribution chart, IOVTEC Co ranks #434 out of 1766 companies in the Construction industry, placing it in the top 24.6%.
Is IOVTEC Co's Receivables Turnover too high?
IOVTEC Co's current Receivables Turnover is 4.30. The Construction industry median Receivables Turnover is 4.76. IOVTEC Co's value of 4.30 is 9.7% below this industry median. Based on the distribution chart, IOVTEC Co ranks #434 out of 1766 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, IOVTEC Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does IOVTEC Co's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, IOVTEC Co ranks #434 out of 1766 companies for Receivables Turnover. This places IOVTEC Co in the top 25% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.76. IOVTEC Co's value of 4.30 is 9.7% 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. IOVTEC Co's current Receivables Turnover of 4.30 is 9.7% 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 IOVTEC 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. IOVTEC Co's current Receivables Turnover is 4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IOVTEC Co stock overvalued right now?
IOVTEC Co (ROCO:7583) has a current Receivables Turnover of 4.30. The current Receivables Turnover is 4.30 and 9.7% below the Construction industry median of 4.76. IOVTEC Co's overall GF Score™ is 18/100 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 IOVTEC Co (ROCO:7583), the current Receivables Turnover is 4.30 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.

IOVTEC Co Business Description

Address No. 89, Section 5, Nanjing East Road, 9th Floor, Songshan District, Taipei, TWN, 105409
IOVTEC Co Ltd formerly International Ocean Vessel Technical Consuitant Co Ltd is a Taiwan based company operating offering integrated services across multiple sectors. It is a local survey company that steps into the offshore wind market in Taiwan to provide integrated offshore wind services for the country's landmark projects. The company provides the services in following areas such as Marine services and Land services. Marine services include Site Appraisal and Concept Design, Foundation Design and UXO Risk Mitigation. Land services include Track Twin, Vegetation Control and Site characterization.
18GF Score

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

NT$32.45
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