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APEX Wind Power Equipment Manufacturing (ROCO:7702) 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.
APEX Wind Power Equipment Manufacturing Receivables Turnover Related Terms
APEX Wind Power Equipment Manufacturing 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.
APEX Wind Power Equipment Manufacturing Receivables Turnover Chart
APEX Wind Power Equipment Manufacturing Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Receivables Turnover
4.54
17.24
2.40
7.97
APEX Wind Power Equipment Manufacturing Semi-Annual Data
ROCO:7702 vs ATI, CRS, MLI: Receivables Turnover Comparison
For the Metal Fabrication subindustry, APEX Wind Power Equipment Manufacturing'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.
APEX Wind Power Equipment Manufacturing Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, APEX Wind Power Equipment Manufacturing's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where APEX Wind Power Equipment Manufacturing'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.
APEX Wind Power Equipment Manufacturing (ROCO:7702) has a Receivables Turnover of 2.32 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 APEX Wind Power Equipment Manufacturing and its competitors. According to the industry distribution chart, APEX Wind Power Equipment Manufacturing ranks #2731 out of 3047 companies in the Industrial Products industry, placing it in the top 89.6%.
Is APEX Wind Power Equipment Manufacturing's Receivables Turnover too high?
APEX Wind Power Equipment Manufacturing's current Receivables Turnover is 2.32. The Industrial Products industry median Receivables Turnover is 4.52. APEX Wind Power Equipment Manufacturing's value of 2.32 is 48.7% below this industry median. Based on the distribution chart, APEX Wind Power Equipment Manufacturing ranks #2731 out of 3047 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, APEX Wind Power Equipment Manufacturing has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does APEX Wind Power Equipment Manufacturing's Receivables Turnover compare to ATI and CRS?
According to the Industrial Products industry distribution chart, APEX Wind Power Equipment Manufacturing ranks #2731 out of 3047 companies for Receivables Turnover. This places APEX Wind Power Equipment Manufacturing in the lower half of its industry. The industry median Receivables Turnover is 4.52. APEX Wind Power Equipment Manufacturing's value of 2.32 is 48.7% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.52, based on 3,047 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. APEX Wind Power Equipment Manufacturing's current Receivables Turnover of 2.32 is 48.7% 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 APEX Wind Power Equipment Manufacturing and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APEX Wind Power Equipment Manufacturing's current Receivables Turnover is 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APEX Wind Power Equipment Manufacturing stock overvalued right now?
Based on GuruFocus' analysis, APEX Wind Power Equipment Manufacturing (ROCO:7702) is currently considered Possible Value Trap. The stock's GF Value™ is NT$44.72, compared to a current price of NT$22.90 — trading 48.8% below its estimated fair value. The current Receivables Turnover is 2.32 and 48.7% below the Industrial Products industry median of 4.52. APEX Wind Power Equipment Manufacturing's overall GF Score™ is 34/100 with 7 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 APEX Wind Power Equipment Manufacturing (ROCO:7702), the current Receivables Turnover is 2.32 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 APEX Wind Power Equipment Manufacturing (ROCO:7702) Overvalued in 2026?
Based on GuruFocus' analysis, APEX Wind Power Equipment Manufacturing stock appears to be undervalued.
The current stock price of NT$22.90 is trading 48.8% below its estimated GF Value™ of NT$44.72.
GuruFocus considers APEX Wind Power Equipment Manufacturing to be Possible Value Trap.
Key valuation signals for ROCO:7702:
Receivables Turnover: 2.32
GF Value™: NT$44.72 vs. price of NT$22.90 (48.8% below fair value)
Industry Position: 48.7% below the Industrial Products median (#2731 of 3047)
No single metric tells the full story. See the ROCO:7702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
APEX Wind Power Equipment Manufacturing is a company that provides services ranging from steel plate storage, flame cutting (CNC), edge beveling, plate rolling, SAW submerged arc welding, to finished product related dimensional measurement and non-destructive test, APEX's one-stop service satisfies all clients with first-class products. It has great steel structure processing abilities and provides clients with the good services.
34GF Score
Get the complete analysis for ROCO:7702
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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