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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. Hiroca Holdings's Revenue for the
three
months ended in Mar. 2026 was NT$1,155 Mil. Hiroca Holdings's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$1,435 Mil.
Hence, Hiroca Holdings's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.81.
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.
Hiroca Holdings Receivables Turnover Related Terms
Hiroca Holdings Receivables Turnover Historical Data
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The historical data trend for Hiroca Holdings'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.
TPE:1338 vs ORLY, AZO: Receivables Turnover Comparison
For the Auto Parts subindustry, Hiroca Holdings'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.
Hiroca Holdings Receivables Turnover vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hiroca Holdings's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hiroca Holdings'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.
Hiroca Holdings (TPE:1338) has a Receivables Turnover of 0.81 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 Hiroca Holdings and its competitors. According to the industry distribution chart, Hiroca Holdings ranks #1121 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 85.2%.
Is Hiroca Holdings' Receivables Turnover too high?
Hiroca Holdings' current Receivables Turnover is 0.81. The Vehicles & Parts industry median Receivables Turnover is 5.99. Hiroca Holdings' value of 0.81 is 86.5% below this industry median. Based on the distribution chart, Hiroca Holdings ranks #1121 out of 1316 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Hiroca Holdings has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hiroca Holdings' Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hiroca Holdings ranks #1121 out of 1316 companies for Receivables Turnover. This places Hiroca Holdings in the lower half of its industry. The industry median Receivables Turnover is 5.99. Hiroca Holdings' value of 0.81 is 86.5% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, 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. Hiroca Holdings's current Receivables Turnover of 0.81 is 86.5% 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 Hiroca Holdings and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiroca Holdings's current Receivables Turnover is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiroca Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hiroca Holdings (TPE:1338) is currently considered Possible Value Trap. The stock's GF Value™ is NT$30.05, compared to a current price of NT$15.50 — trading 48.4% below its estimated fair value. The current Receivables Turnover is 0.81 and 86.5% below the Vehicles & Parts industry median of 5.99. Hiroca Holdings' overall GF Score™ is 53/100 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 Hiroca Holdings (TPE:1338), the current Receivables Turnover is 0.81 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 Hiroca Holdings (TPE:1338) Overvalued in 2026?
Based on GuruFocus' analysis, Hiroca Holdings stock appears to be undervalued.
The current stock price of NT$15.50 is trading 48.4% below its estimated GF Value™ of NT$30.05.
GuruFocus considers Hiroca Holdings to be Possible Value Trap.
Key valuation signals for TPE:1338:
Receivables Turnover: 0.81
GF Value™: NT$30.05 vs. price of NT$15.50 (48.4% below fair value)
Industry Position: 86.5% below the Vehicles & Parts median (#1121 of 1316)
No single metric tells the full story. See the TPE:1338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hiroca Holdings Ltd mainly engages in the production and sales of a variety of automotive trim parts, electronic plastic parts, plastic corrugated board, and molds. It provides products and services of Interior, Exterior, and Lighting. The company generates a majority of its revenue from the sale of automotive spare parts and the rest from other products and services. Geographically, it derives key revenue from Mainland China and the rest from America and other regions.
53GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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