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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. Formosa Electronic Industries's Revenue for the
three
months ended in Mar. 2026 was NT$92.9 Mil. Formosa Electronic Industries's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$91.2 Mil.
Hence, Formosa Electronic Industries's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.02.
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.
Formosa Electronic Industries Receivables Turnover Related Terms
Formosa Electronic Industries 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.
ROCO:8171 vs APH, GLW, TEL: Receivables Turnover Comparison
For the Electronic Components subindustry, Formosa Electronic Industries'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.
Formosa Electronic Industries Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Formosa Electronic Industries's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Formosa Electronic Industries'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.
Formosa Electronic Industries (ROCO:8171) has a Receivables Turnover of 1.02 as of Mar. 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 Formosa Electronic Industries and its competitors. According to the industry distribution chart, Formosa Electronic Industries ranks #2101 out of 2468 companies in the Hardware industry, placing it in the top 85.1%.
Is Formosa Electronic Industries' Receivables Turnover too high?
Formosa Electronic Industries' current Receivables Turnover is 1.02. The Hardware industry median Receivables Turnover is 4.97. Formosa Electronic Industries' value of 1.02 is 79.5% below this industry median. Based on the distribution chart, Formosa Electronic Industries ranks #2101 out of 2468 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Formosa Electronic Industries has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosa Electronic Industries' Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Formosa Electronic Industries ranks #2101 out of 2468 companies for Receivables Turnover. This places Formosa Electronic Industries in the lower half of its industry. The industry median Receivables Turnover is 4.97. Formosa Electronic Industries' value of 1.02 is 79.5% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.97, based on 2,468 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. Formosa Electronic Industries's current Receivables Turnover of 1.02 is 79.5% 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 Formosa Electronic Industries and its competitors. For the Hardware industry, the median Receivables Turnover is 4.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosa Electronic Industries's current Receivables Turnover is 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Electronic Industries stock overvalued right now?
Based on GuruFocus' analysis, Formosa Electronic Industries (ROCO:8171) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.25, compared to a current price of NT$19.45 — trading 135.8% above its estimated fair value. The current Receivables Turnover is 1.02 and 79.5% below the Hardware industry median of 4.97. Formosa Electronic Industries' overall GF Score™ is 38/100 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 Formosa Electronic Industries (ROCO:8171), the current Receivables Turnover is 1.02 as of Mar. 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 Formosa Electronic Industries (ROCO:8171) Overvalued in 2026?
Based on GuruFocus' analysis, Formosa Electronic Industries stock appears to be overvalued.
The current stock price of NT$19.45 is trading 135.8% above its estimated GF Value™ of NT$8.25.
GuruFocus considers Formosa Electronic Industries to be Significantly Overvalued.
Key valuation signals for ROCO:8171:
Receivables Turnover: 1.02
GF Value™: NT$8.25 vs. price of NT$19.45 (135.8% above fair value)
Industry Position: 79.5% below the Hardware median (#2101 of 2468)
No single metric tells the full story. See the ROCO:8171 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formosa Electronic Industries Inc is engaged in the assembly, processing, manufacturing, trading, agent distribution, and trading of single-string parallel battery modules, mobile power supplies, wireless chargers, green energy battery modules, and distributed energy storage systems. The Company's other products include wireless chargers, power adapters, accessories, OEM, and green products.
38GF Score
Get the complete analysis for ROCO:8171
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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