Managepay Systems Bhd (XKLS:0156) Accounts Receivable: RM19.73 Mil (As of Jun. 2026)

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What is Managepay Systems Bhd Accounts Receivable?

Managepay Systems Bhd XKLS:0156 +10.00% Accounts Receivable is RM19.73 Mil as of Jun. 2026. The stock has 2 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Managepay Systems Bhd's accounts receivables for the quarter that ended in Jun. 2026 was RM19.73 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Managepay Systems Bhd's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 244.15.

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

Managepay Systems 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.

Managepay Systems 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
=19.733/7.375*91
=244.15

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

Managepay Systems 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)
=(5.962+0.75 * 19.733+0.5 * 2.486-14.027
-0-0)/1032.081
=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.

Managepay Systems Bhd Accounts Receivable Related Terms

Managepay Systems Bhd Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Managepay Systems 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.

Managepay Systems Bhd Accounts Receivable Chart

Managepay Systems Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Jun25 Jun26
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.37 8.80 18.43 5.85 19.73

Managepay Systems Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 5.85 16.52 21.76 21.56 19.73

Managepay Systems 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 RM19.73 Mil mean?
Managepay Systems Bhd (XKLS:0156) has a Accounts Receivable of RM19.73 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Managepay Systems Bhd and its competitors.
Is Managepay Systems Bhd's Accounts Receivable too high?
Managepay Systems Bhd's current Accounts Receivable is RM19.73 Mil.
How does Managepay Systems Bhd's Accounts Receivable compare to MSFT and PLTR?
Managepay Systems Bhd's Accounts Receivable of RM19.73 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 Managepay Systems Bhd and its competitors. Managepay Systems Bhd's current Accounts Receivable is RM19.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Managepay Systems Bhd stock overvalued right now?
Managepay Systems Bhd (XKLS:0156) has a current Accounts Receivable of RM19.73 Mil. The current Accounts Receivable is RM19.73 Mil. 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 Managepay Systems Bhd (XKLS:0156), the current Accounts Receivable is RM19.73 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.

Managepay Systems Bhd Business Description

Address Wisma MPSB, Lot 107 - 113, Jalan USJ 21/10, Subang Jaya, MYS, 47630
Managepay Systems Bhd is an investment holding company. The company operates in two segments: Fintech services includes the provision of e-payment services, e-money services, MasterCard prepaid card services, provision of money lending services licensed by the Ministry of Housing and Local Government, and provision and operations of peer-to-peer (P2P) financing platform licensed by the Securities Commission Malaysia (SC), domestics and cross border remittance; and Non-fintech services segment includes the development, marketing and trading of information and communication technology products, project management, e-commerce, mobile virtual network operator, business outsourcing services and loyalty management services.