Greenet Co (ROCO:7842) Receivables Turnover: 1.51 (As of Jun. 2026)

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ROCO:7842 Greenet Co Ltd ROCO:7842
21 GF Score
Price NT$103.00
! 1 Warning Sign
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What is Greenet Co Receivables Turnover?

Greenet Co ROCO:7842 +3.00% 21 Receivables Turnover is 1.51 as of Jun. 2026. GuruFocus rates ROCO:7842 with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 493 Utilities - Regulated companies, Greenet Co ranks worse than 62.47% 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. Greenet Co's Revenue for the three months ended in Jun. 2026 was NT$954 Mil. Greenet Co's average Accounts Receivable for the three months ended in Jun. 2026 was NT$631 Mil. Hence, Greenet Co's Receivables Turnover for the three months ended in Jun. 2026 was 1.51.


Greenet Co  (ROCO:7842) 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.


Greenet Co Receivables Turnover Related Terms


Greenet Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Greenet 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.

Greenet Co Receivables Turnover Chart

Greenet Co Annual Data
Trend Dec23 Dec24 Dec25
Receivables Turnover
2.28 6.47 7.28

Greenet Co Quarterly Data
Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 1.36 1.27 1.41 1.50 1.51

ROCO:7842 vs NEE, SO, DUK: Receivables Turnover Comparison

For the Utilities - Regulated Electric subindustry, Greenet 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.


Greenet Co Receivables Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Greenet Co's Receivables Turnover distribution charts can be found below:

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


ROCO:7842
21GF Score
Greenet Co Ltd ROCO:7842
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Greenet Co Receivables Turnover Calculation

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

Greenet 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 )
=2285.077 / ((213.883 + 413.934) / 2 )
=2285.077 / 313.9085
=7.28

Greenet Co'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: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=953.571 / ((546.008 + 715.796) / 2 )
=953.571 / 630.902
=1.51

* 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 1.51 mean?
Greenet Co (ROCO:7842) has a Receivables Turnover of 1.51 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 Greenet Co and its competitors. According to the industry distribution chart, Greenet Co ranks #308 out of 493 companies in the Utilities - Regulated industry, placing it in the top 62.5%.
Is Greenet Co's Receivables Turnover too high?
Greenet Co's current Receivables Turnover is 1.51. The Utilities - Regulated industry median Receivables Turnover is 6.95. Greenet Co's value of 1.51 is 78.3% below this industry median. Based on the distribution chart, Greenet Co ranks #308 out of 493 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Greenet Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Greenet Co's Receivables Turnover compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Greenet Co ranks #308 out of 493 companies for Receivables Turnover. This places Greenet Co in the lower half of its industry. The industry median Receivables Turnover is 6.95. Greenet Co's value of 1.51 is 78.3% 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 Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.95, based on 493 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. Greenet Co's current Receivables Turnover of 1.51 is 78.3% 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 Greenet Co and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenet Co's current Receivables Turnover is 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenet Co stock overvalued right now?
Greenet Co (ROCO:7842) has a current Receivables Turnover of 1.51. The current Receivables Turnover is 1.51 and 78.3% below the Utilities - Regulated industry median of 6.95. Greenet Co's overall GF Score™ is 21/100 with 1 warning sign 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 Greenet Co (ROCO:7842), the current Receivables Turnover is 1.51 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.

Greenet Co Business Description

Address Jihu Road, 2nd Floor, No. 1, Neihu District, Taipei City, TWN, 114
Greenet Co Ltd is a green power trading platform service. Its services are power plants that sell green electricity, Enterprises buy green electricity, and Enterprises buy carbon rights.
21GF Score

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NT$103.00
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