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.
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. Polygreen Resources Co's Revenue for the
three
months ended in Mar. 2026 was NT$98.6 Mil. Polygreen Resources Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$57.1 Mil.
Hence, Polygreen Resources Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.73.
Polygreen Resources Co (ROCO:8423) 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.
Polygreen Resources Co Receivables Turnover Related Terms
Polygreen Resources Co Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Polygreen Resources 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.
ROCO:8423 vs ORLY, AZO: Receivables Turnover Comparison
For the Auto Parts subindustry, Polygreen Resources 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.
Polygreen Resources Co Receivables Turnover vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Polygreen Resources Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Polygreen Resources 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.
Polygreen Resources Co (ROCO:8423) has a Receivables Turnover of 1.73 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 Polygreen Resources Co and its competitors. According to the industry distribution chart, Polygreen Resources Co ranks #566 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 43%.
Is Polygreen Resources Co's Receivables Turnover too high?
Polygreen Resources Co's current Receivables Turnover is 1.73. The Vehicles & Parts industry median Receivables Turnover is 6.00. Polygreen Resources Co's value of 1.73 is 71.2% below this industry median. Based on the distribution chart, Polygreen Resources Co ranks #566 out of 1316 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Polygreen Resources Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Polygreen Resources Co's Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Polygreen Resources Co ranks #566 out of 1316 companies for Receivables Turnover. This puts Polygreen Resources Co in the upper half of its industry. The industry median Receivables Turnover is 6.00. Polygreen Resources Co's value of 1.73 is 71.2% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 6.00, based on 1,316 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. Polygreen Resources Co's current Receivables Turnover of 1.73 is 71.2% 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 Polygreen Resources Co and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polygreen Resources Co's current Receivables Turnover is 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polygreen Resources Co stock overvalued right now?
Based on GuruFocus' analysis, Polygreen Resources Co (ROCO:8423) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.98, compared to a current price of NT$17.70 — trading 4.2% above its estimated fair value. The current Receivables Turnover is 1.73 and 71.2% below the Vehicles & Parts industry median of 6.00. Polygreen Resources Co's overall GF Score™ is 74/100 with 2 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 Polygreen Resources Co (ROCO:8423), the current Receivables Turnover is 1.73 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 Polygreen Resources Co (ROCO:8423) Overvalued in 2026?
Based on GuruFocus' analysis, Polygreen Resources Co stock appears to be overvalued.
The current stock price of NT$17.70 is trading 4.2% above its estimated GF Value™ of NT$16.98.
GuruFocus considers Polygreen Resources Co to be Fairly Valued.
Key valuation signals for ROCO:8423:
Receivables Turnover: 1.73
GF Value™: NT$16.98 vs. price of NT$17.70 (4.2% above fair value)
Industry Position: 71.2% below the Vehicles & Parts median (#566 of 1316)
No single metric tells the full story. See the ROCO:8423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polygreen Resources Co Ltd is engaged in the rubber recycling business, offering its products to manufacturers of the tire and conveyor belt industries. The company manufactures premium-quality reclaimed rubber, crumb rubber, and rubber granules. Its products include Rubber asphalt application, Reclaimed Rubber, Butyl Reclaimed Rubber, Crumb Rubber, and Tyre Chip. It has only one operating segment which focuses on the manufacturing and sales of reclaimed rubber. The company operates in Malaysia, Japan, Indonesia, Vietnam, Taiwan, and other countries, of which key revenue is derived from Malaysia.
74GF Score
Get the complete analysis for ROCO:8423
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:8423 has been successfully added to your 
