Microip (ROCO:7796) Receivables Turnover: 8.53 (As of Jun. 2026)

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ROCO:7796 Microip Inc ROCO:7796
17 GF Score
Price NT$72.00
! 4 Warning Signs
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What is Microip Receivables Turnover?

Microip ROCO:7796 -11.76% 17 Receivables Turnover is 8.53 as of Jun. 2026. GuruFocus rates ROCO:7796 with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 2,467 Hardware companies, Microip ranks better than 97.57% 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. Microip's Revenue for the six months ended in Jun. 2026 was NT$6.06 Mil. Microip's average Accounts Receivable for the six months ended in Jun. 2026 was NT$0.71 Mil. Hence, Microip's Receivables Turnover for the six months ended in Jun. 2026 was 8.53.


Microip  (ROCO:7796) 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.


Microip Receivables Turnover Related Terms


Microip Receivables Turnover Historical Data

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The historical data trend for Microip'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.

Microip Receivables Turnover Chart

Microip Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Receivables Turnover
62.46 125.49 4,508.80 392.76

Microip Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Receivables Turnover Get a 7-Day Free Trial 1,870.33 2,638.47 147.43 24.93 8.53

ROCO:7796 vs APH, GLW, TEL: Receivables Turnover Comparison

For the Electronic Components subindustry, Microip'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.


Microip Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Microip's Receivables Turnover distribution charts can be found below:

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


ROCO:7796
17GF Score
Microip Inc ROCO:7796
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Microip Receivables Turnover Calculation

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

Microip'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 )
=49.292 / ((0.015 + 0.236) / 2 )
=49.292 / 0.1255
=392.76

Microip's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=6.061 / ((0.236 + 1.185) / 2 )
=6.061 / 0.7105
=8.53

* 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 8.53 mean?
Microip (ROCO:7796) has a Receivables Turnover of 8.53 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 Microip and its competitors. According to the industry distribution chart, Microip ranks #60 out of 2467 companies in the Hardware industry, placing it in the top 2.4%.
Is Microip's Receivables Turnover too high?
Microip's current Receivables Turnover is 8.53. The Hardware industry median Receivables Turnover is 5.04. Microip's value of 8.53 is 69.2% above this industry median. Based on the distribution chart, Microip ranks #60 out of 2467 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Microip has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Microip's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Microip ranks #60 out of 2467 companies for Receivables Turnover. This places Microip in the top 2% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.04. Microip's value of 8.53 is 69.2% above 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 5.04, based on 2,467 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. Microip's current Receivables Turnover of 8.53 is 69.2% above 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 Microip and its competitors. For the Hardware industry, the median Receivables Turnover is 5.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microip's current Receivables Turnover is 8.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microip stock overvalued right now?
Microip (ROCO:7796) has a current Receivables Turnover of 8.53. The current Receivables Turnover is 8.53 and 69.2% above the Hardware industry median of 5.04. Microip's overall GF Score™ is 17/100 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 Microip (ROCO:7796), the current Receivables Turnover is 8.53 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.

Microip Business Description

Address No. 118, Ciyun Road, 6th Floor - 2, East District, Hsinchu, TWN, 30072
Microip Inc provides integrated circuit (IC) design services and chip performance analysis. MICROIP specializes in high-performance, low-power chip design, leveraging patented technologies to offer, customized solutions for industries such as Artificial Intelligence (AI), Internet of Things (IoT), industrial automation, service robots, automotive electronics, and power management.
17GF Score

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

NT$72.00
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