Eduspec Holdings Bhd (XKLS:0107) Accounts Receivable: RM28.16 Mil (As of May. 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.

XKLS:0107 Eduspec Holdings Bhd XKLS:0107
37 GF Score
Price RM0.11
GF Value RM0.14
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Eduspec Holdings Bhd Accounts Receivable?

Eduspec Holdings Bhd XKLS:0107 -4.55% 37 Accounts Receivable is RM28.16 Mil as of May. 2026. GuruFocus rates XKLS:0107 with a GF Score™ of 37/100 and a GF Value™ of RM0.14 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Eduspec Holdings Bhd's accounts receivables for the quarter that ended in May. 2026 was RM28.16 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Eduspec Holdings Bhd's Days Sales Outstanding for the quarter that ended in May. 2026 was 172.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Eduspec Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in May. 2026 was RM0.01.


Eduspec Holdings 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.

Eduspec Holdings Bhd's Days Sales Outstanding for the quarter that ended in May. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=28.156/14.876*91
=172.71

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

Eduspec Holdings Bhd's Net-Net Working Capital Per Share for the quarter that ended in May. 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)
=(5.573+0.75 * 28.156+0.5 * 24.72-29.955
-0--0.172)/1496.385
=0.01

* 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.


Eduspec Holdings Bhd Accounts Receivable Related Terms


Eduspec Holdings Bhd Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Eduspec Holdings 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.

Eduspec Holdings Bhd Accounts Receivable Chart

Eduspec Holdings Bhd Annual Data
Trend Sep15 Sep16 Sep17 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 0.85 13.09 18.17 29.70

Eduspec Holdings Bhd Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 17.97 19.42 27.63 29.70 28.16
XKLS:0107
37GF Score
Eduspec Holdings Bhd XKLS:0107
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eduspec Holdings 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 RM28.16 Mil mean?
Eduspec Holdings Bhd (XKLS:0107) has a Accounts Receivable of RM28.16 Mil as of May. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Eduspec Holdings Bhd and its competitors.
Is Eduspec Holdings Bhd's Accounts Receivable too high?
Eduspec Holdings Bhd's current Accounts Receivable is RM28.16 Mil. Overall, Eduspec Holdings Bhd has a GF Score™ of 37/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eduspec Holdings Bhd's Accounts Receivable compare to EDU and TAL?
Eduspec Holdings Bhd's Accounts Receivable of RM28.16 Mil can be compared against companies in the Education 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 an Education company?
A good Accounts Receivable depends on the Education 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 Eduspec Holdings Bhd and its competitors. Eduspec Holdings Bhd's current Accounts Receivable is RM28.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eduspec Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Eduspec Holdings Bhd (XKLS:0107) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.14, compared to a current price of RM0.11 — trading 25% below its estimated fair value. The current Accounts Receivable is RM28.16 Mil. Eduspec Holdings Bhd's overall GF Score™ is 37/100 with 4 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 Eduspec Holdings Bhd (XKLS:0107), the current Accounts Receivable is RM28.16 Mil as of May. 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 Eduspec Holdings Bhd (XKLS:0107) Overvalued in 2026?

Based on GuruFocus' analysis, Eduspec Holdings Bhd stock appears to be undervalued. The current stock price of RM0.11 is trading 25% below its estimated GF Value™ of RM0.14. GuruFocus considers Eduspec Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0107:

  • Accounts Receivable: RM28.16 Mil
  • GF Value™: RM0.14 vs. price of RM0.11 (25% below fair value)
  • GF Score™: 37/100 with 4 warning signs

No single metric tells the full story. See the XKLS:0107 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eduspec Holdings Bhd Business Description

Address No. 10, Jalan 15/22, Tiong Nam Industrial Park, Section 15, Shah Alam, SGR, MYS, 40200
Eduspec Holdings Bhd is predominantly engaged in the education sector providing STEM programs, and digital schooling solutions, It is also engaged in the B2C education business, and provides professional testing services for Electrical and Electronics (E&E) industry requirements. The company's business segments are; IT Learning, Electrical and Electronics, Investment holding, Property investment.. It derives maximum revenue from the IT Learning segment.
37GF Score

Get the complete analysis for XKLS:0107

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

RM0.11
Price
RM0.14
GF Value