Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
e Ray Technology CoROCO:7932 -7.55%14 Receivables Turnover is 1.82 as of Jun. 2026. GuruFocus rates ROCO:7932 with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 1,590 Chemicals companies, e Ray Technology Co ranks worse than 62893.02% 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. e Ray Technology Co's Revenue for the
six
months ended in Jun. 2026 was NT$463.36 Mil. e Ray Technology Co's average Accounts Receivable for the
six
months ended in Jun. 2026 was NT$320.01 Mil.
Hence, e Ray Technology Co's Receivables Turnover for the
six
months ended in Jun. 2026 was 1.45.
e Ray Technology Co (ROCO:7932) 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.
e Ray Technology Co Receivables Turnover Related Terms
e Ray Technology Co Receivables Turnover Historical Data
* Premium members only.
The historical data trend for e Ray Technology 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.
e Ray Technology Co Receivables Turnover Chart
e Ray Technology Co Annual Data
Trend
Receivables Turnover
e Ray Technology Co Semi-Annual Data
Jun26
Receivables Turnover
1.82
ROCO:7932 vs : Receivables Turnover Comparison
For the Specialty Chemicals subindustry, e Ray Technology 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.
e Ray Technology Co Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, e Ray Technology Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where e Ray Technology Co'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.
e Ray Technology Co (ROCO:7932) has a Receivables Turnover of 1.82 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 e Ray Technology Co and its competitors. According to the industry distribution chart, e Ray Technology Co ranks #999999 out of 1590 companies in the Chemicals industry.
Is e Ray Technology Co's Receivables Turnover too high?
e Ray Technology Co's current Receivables Turnover is 1.82. The Chemicals industry median Receivables Turnover is 5.78. e Ray Technology Co's value of 1.82 is 68.5% below this industry median. Based on the distribution chart, e Ray Technology Co ranks #999999 out of 1590 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, e Ray Technology Co has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does e Ray Technology Co's Receivables Turnover compare to ?
According to the Chemicals industry distribution chart, e Ray Technology Co ranks #999999 out of 1590 companies for Receivables Turnover. This places e Ray Technology Co in the lower half of its industry. The industry median Receivables Turnover is 5.78. e Ray Technology Co's value of 1.82 is 68.5% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.78, based on 1,590 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. e Ray Technology Co's current Receivables Turnover of 1.82 is 68.5% 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 e Ray Technology Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. e Ray Technology Co's current Receivables Turnover is 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is e Ray Technology Co stock overvalued right now?
e Ray Technology Co (ROCO:7932) has a current Receivables Turnover of 1.82. The current Receivables Turnover is 1.82 and 68.5% below the Chemicals industry median of 5.78. e Ray Technology Co's overall GF Score™ is 14/100 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 e Ray Technology Co (ROCO:7932), the current Receivables Turnover is 1.82 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.
e Ray Technology Co Ltd specializing in the synthesis and purification of specialty materials, it provide the highest quality chemical material solutions for the semiconductor and PCB industries. The group built comprehensive R&D and mass production capabilities around the development of organic light-emitting diode (OLED) materials. It has focused on high-end electronic material resins and semiconductor packaging materials, providing diversified products and integrated services with robust technology and quality management to help customers enhance their market competitiveness. Its Products and Technologies are Advanced Semiconductor Process Materials, CCL Specialty Chemicals, and High-efficiency organometallic catalysts.
14GF Score
Get the complete analysis for ROCO:7932
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:7932 has been successfully added to your 
