IFCA MSC Bhd (XKLS:0023) Accounts Receivable: RM20.22 Mil (As of Jun. 2026)

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XKLS:0023 IFCA MSC Bhd XKLS:0023
51 GF Score
Price RM0.20
GF Value RM0.31
Valuation Significantly Undervalued
! 3 Warning Signs
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What is IFCA MSC Bhd Accounts Receivable?

IFCA MSC Bhd XKLS:0023 51 Accounts Receivable is RM20.22 Mil as of Jun. 2026. GuruFocus rates XKLS:0023 with a GF Score™ of 51/100 and a GF Value™ of RM0.31 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. IFCA MSC Bhd's accounts receivables for the quarter that ended in Jun. 2026 was RM20.22 Mil.

Accounts receivable can be measured by Days Sales Outstanding. IFCA MSC Bhd's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 94.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. IFCA MSC Bhd's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was RM0.08.


IFCA MSC Bhd Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

IFCA MSC Bhd's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=20.224638/19.47316*91
=94.77

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), IFCA MSC Bhd's accounts receivable are only considered to be worth 75% of book value:

IFCA MSC Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(63.914432+0.75 * 20.224638+0.5 * 0.008-30.511844
-0--0.238089)/599.818
=0.08

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


IFCA MSC Bhd Accounts Receivable Related Terms


IFCA MSC Bhd Accounts Receivable Historical Data

* Premium members only.

The historical data trend for IFCA MSC Bhd's Accounts Receivable 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.

IFCA MSC Bhd Accounts Receivable Chart

IFCA MSC Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.42 13.32 12.21 20.16 16.18

IFCA MSC Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accounts Receivable 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 22.69 20.90 16.18 20.99 20.22
XKLS:0023
51GF Score
IFCA MSC Bhd XKLS:0023
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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IFCA MSC Bhd Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of RM20.22 Mil mean?
IFCA MSC Bhd (XKLS:0023) has a Accounts Receivable of RM20.22 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on IFCA MSC Bhd and its competitors.
Is IFCA MSC Bhd's Accounts Receivable too high?
IFCA MSC Bhd's current Accounts Receivable is RM20.22 Mil. Overall, IFCA MSC Bhd has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IFCA MSC Bhd's Accounts Receivable compare to CRM and SHOP?
IFCA MSC Bhd's Accounts Receivable of RM20.22 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Software company?
A good Accounts Receivable depends on the Software industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on IFCA MSC Bhd and its competitors. IFCA MSC Bhd's current Accounts Receivable is RM20.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFCA MSC Bhd stock overvalued right now?
Based on GuruFocus' analysis, IFCA MSC Bhd (XKLS:0023) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.31, compared to a current price of RM0.20 — trading 35.5% below its estimated fair value. The current Accounts Receivable is RM20.22 Mil. IFCA MSC Bhd's overall GF Score™ is 51/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For IFCA MSC Bhd (XKLS:0023), the current Accounts Receivable is RM20.22 Mil 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.

Is IFCA MSC Bhd (XKLS:0023) Overvalued in 2026?

Based on GuruFocus' analysis, IFCA MSC Bhd stock appears to be undervalued. The current stock price of RM0.20 is trading 35.5% below its estimated GF Value™ of RM0.31. GuruFocus considers IFCA MSC Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0023:

  • Accounts Receivable: RM20.22 Mil
  • GF Value™: RM0.31 vs. price of RM0.20 (35.5% below fair value)
  • GF Score™: 51/100 with 3 warning signs

No single metric tells the full story. See the XKLS:0023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IFCA MSC Bhd Business Description

Address Wisma IFCA, No 19, Jalan PJU 1/42A, Dataran Prima, Petaling Jaya, SGR, MYS, 47301
IFCA MSC Bhd is engaged in the research and development of enterprise-wide business solutions. The company provides business software solutions for the property industry. These properties cover shopping malls, chain stores, residential, industrials, commercials, resorts, hotels, and recreational sports clubs. It operates through two geographical segments namely Malaysia and Foreign. The Malaysia segment includes turnkey e-business applications. Its Foreign business segment focuses on research and development center for all customized projects for overseas market.
51GF Score

Get the complete analysis for XKLS:0023

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

RM0.20
Price
RM0.31
GF Value