CKM Applied Materials (ROCO:8930) Receivables Turnover: 2.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ROCO:8930 CKM Applied Materials Corp ROCO:8930
87 GF Score
Price NT$30.80
GF Value NT$31.97
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is CKM Applied Materials Receivables Turnover?

CKM Applied Materials ROCO:8930 +0.33% 87 Receivables Turnover is 2.00 as of Mar. 2026. GuruFocus rates ROCO:8930 with a GF Score™ of 87/100 and a GF Value™ of NT$31.97 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,766 Construction companies, CKM Applied Materials ranks better than 76.44% 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. CKM Applied Materials's Revenue for the three months ended in Mar. 2026 was NT$345 Mil. CKM Applied Materials's average Accounts Receivable for the three months ended in Mar. 2026 was NT$172 Mil. Hence, CKM Applied Materials's Receivables Turnover for the three months ended in Mar. 2026 was 2.00.


CKM Applied Materials  (ROCO:8930) 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.


CKM Applied Materials Receivables Turnover Related Terms


CKM Applied Materials Receivables Turnover Historical Data

* Premium members only.

The historical data trend for CKM Applied Materials'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.

CKM Applied Materials Receivables Turnover Chart

CKM Applied Materials Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.35 7.09 7.29 7.23 7.78

CKM Applied Materials Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.73 2.02 1.96 1.97 2.00

ROCO:8930 vs TT, JCI, CARR: Receivables Turnover Comparison

For the Building Products & Equipment subindustry, CKM Applied Materials'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.


CKM Applied Materials Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, CKM Applied Materials's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CKM Applied Materials's Receivables Turnover falls into.


ROCO:8930
87GF Score
CKM Applied Materials Corp ROCO:8930
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CKM Applied Materials Receivables Turnover Calculation

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

CKM Applied Materials'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 )
=1421.353 / ((195.592 + 169.742) / 2 )
=1421.353 / 182.667
=7.78

CKM Applied Materials's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=345.032 / ((169.742 + 175.245) / 2 )
=345.032 / 172.4935
=2.00

* 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 2.00 mean?
CKM Applied Materials (ROCO:8930) has a Receivables Turnover of 2.00 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 CKM Applied Materials and its competitors. According to the industry distribution chart, CKM Applied Materials ranks #416 out of 1766 companies in the Construction industry, placing it in the top 23.6%.
Is CKM Applied Materials' Receivables Turnover too high?
CKM Applied Materials' current Receivables Turnover is 2.00. The Construction industry median Receivables Turnover is 4.76. CKM Applied Materials' value of 2.00 is 58% below this industry median. Based on the distribution chart, CKM Applied Materials ranks #416 out of 1766 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, CKM Applied Materials has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CKM Applied Materials' Receivables Turnover compare to TT and JCI?
According to the Construction industry distribution chart, CKM Applied Materials ranks #416 out of 1766 companies for Receivables Turnover. This places CKM Applied Materials in the top 24% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.76. CKM Applied Materials' value of 2.00 is 58% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.76, based on 1,766 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. CKM Applied Materials's current Receivables Turnover of 2.00 is 58% 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 CKM Applied Materials and its competitors. For the Construction industry, the median Receivables Turnover is 4.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CKM Applied Materials's current Receivables Turnover is 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CKM Applied Materials stock overvalued right now?
Based on GuruFocus' analysis, CKM Applied Materials (ROCO:8930) is currently considered Fairly Valued. The stock's GF Value™ is NT$31.97, compared to a current price of NT$30.80 — trading 3.7% below its estimated fair value. The current Receivables Turnover is 2.00 and 58% below the Construction industry median of 4.76. CKM Applied Materials' overall GF Score™ is 87/100 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 CKM Applied Materials (ROCO:8930), the current Receivables Turnover is 2.00 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 CKM Applied Materials (ROCO:8930) Overvalued in 2026?

Based on GuruFocus' analysis, CKM Applied Materials stock appears to be undervalued. The current stock price of NT$30.80 is trading 3.7% below its estimated GF Value™ of NT$31.97. GuruFocus considers CKM Applied Materials to be Fairly Valued.

Key valuation signals for ROCO:8930:

  • Receivables Turnover: 2.00
  • GF Value™: NT$31.97 vs. price of NT$30.80 (3.7% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 58% below the Construction median (#416 of 1766)

No single metric tells the full story. See the ROCO:8930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CKM Applied Materials Business Description

Address No. 9, Gongye Road, Guantian District, Tainan, TWN, 720008
CKM Applied Materials Corp is engaged in the manufacturing and sales of light steel frames, metal ceilings, and fireproof doors, along with related import and export operations, as well as the production and distribution of various machinery. It provides ceiling suspension systems, partition framework systems, and metal ceilings with a wide range of applications, including governmental buildings, hospitals, schools, department stores, hotels, factories, public buildings, residential buildings, and commercial buildings. Its products include Ceiling Suspension System, Metal Ceilings, and Micro-perforated acoustic products. The company has one reportable segment and is mainly engaged in the manufacturing and sales of a single product, light steel frames.
87GF Score

Get the complete analysis for ROCO:8930

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

NT$30.80
Price
NT$31.97
GF Value