MTAG Group Bhd (XKLS:0213) Accounts Receivable: RM11.86 Mil (As of Jun. 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:0213 MTAG Group Bhd XKLS:0213
54 GF Score
Price RM0.21
GF Value RM0.20
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is MTAG Group Bhd Accounts Receivable?

MTAG Group Bhd XKLS:0213 54 Accounts Receivable is RM11.86 Mil as of Jun. 2026. GuruFocus rates XKLS:0213 with a GF Score™ of 54/100 and a GF Value™ of RM0.20 (Fairly Valued). 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. MTAG Group Bhd's accounts receivables for the quarter that ended in Jun. 2026 was RM11.86 Mil.

Accounts receivable can be measured by Days Sales Outstanding. MTAG Group Bhd's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 74.51.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MTAG Group Bhd's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was RM0.22.


MTAG Group 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.

MTAG Group 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
=11.863/14.528*91
=74.51

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

MTAG Group 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)
=(145.756+0.75 * 11.863+0.5 * 7.026-10.987
-0-0)/677.299
=0.22

* 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.


MTAG Group Bhd Accounts Receivable Related Terms


MTAG Group Bhd Accounts Receivable Historical Data

* Premium members only.

The historical data trend for MTAG Group 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.

MTAG Group Bhd Accounts Receivable Chart

MTAG Group Bhd Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.47 24.95 23.96 14.83 11.86

MTAG Group 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 14.83 12.39 11.86 9.57 11.86
XKLS:0213
54GF Score
MTAG Group Bhd XKLS:0213
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MTAG Group 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 RM11.86 Mil mean?
MTAG Group Bhd (XKLS:0213) has a Accounts Receivable of RM11.86 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on MTAG Group Bhd and its competitors.
Is MTAG Group Bhd's Accounts Receivable too high?
MTAG Group Bhd's current Accounts Receivable is RM11.86 Mil. Overall, MTAG Group Bhd has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MTAG Group Bhd's Accounts Receivable compare to CTAS and CPRT?
MTAG Group Bhd's Accounts Receivable of RM11.86 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Accounts Receivable depends on the Business Services 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 MTAG Group Bhd and its competitors. MTAG Group Bhd's current Accounts Receivable is RM11.86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTAG Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, MTAG Group Bhd (XKLS:0213) is currently considered Fairly Valued. The stock's GF Value™ is RM0.20, compared to a current price of RM0.21 — trading 5% above its estimated fair value. The current Accounts Receivable is RM11.86 Mil. MTAG Group Bhd's overall GF Score™ is 54/100 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 MTAG Group Bhd (XKLS:0213), the current Accounts Receivable is RM11.86 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 MTAG Group Bhd (XKLS:0213) Overvalued in 2026?

Based on GuruFocus' analysis, MTAG Group Bhd stock appears to be overvalued. The current stock price of RM0.21 is trading 5% above its estimated GF Value™ of RM0.20. GuruFocus considers MTAG Group Bhd to be Fairly Valued.

Key valuation signals for XKLS:0213:

  • Accounts Receivable: RM11.86 Mil
  • GF Value™: RM0.20 vs. price of RM0.21 (5% above fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the XKLS:0213 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MTAG Group Bhd Business Description

Address Kawasan Perindustrian Tebrau III, PLO 226, Jalan Kencana Mas, Johor Bahru, Johor, MYS, 81100
MTAG Group Bhd is a converter company providing the services of label and sticker printing and customized converting services for various materials. In addition, it distributes industrial tapes and adhesive products under the brands 3M and Henkel. Its segments consist of Converting, Distribution and Investment holding. The company operates in Malaysia. It derives maximum revenue from Converting Segment. The products of the company include Toyo Sho, Intag Industrial and Intag Steel.
54GF Score

Get the complete analysis for XKLS:0213

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

RM0.21
Price
RM0.20
GF Value