Ocean Vantage Holdings Bhd (XKLS:0220) Accounts Receivable: RM17.1 Mil (As of Jun. 2026)

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XKLS:0220 Ocean Vantage Holdings Bhd XKLS:0220
52 GF Score
Price RM0.24
GF Value RM0.13
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Ocean Vantage Holdings Bhd Accounts Receivable?

Ocean Vantage Holdings Bhd XKLS:0220 -4.00% 52 Accounts Receivable is RM17.1 Mil as of Jun. 2026. GuruFocus rates XKLS:0220 with a GF Score™ of 52/100 and a GF Value™ of RM0.13 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ocean Vantage Holdings Bhd's accounts receivables for the quarter that ended in Jun. 2026 was RM17.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ocean Vantage Holdings Bhd's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 53.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ocean Vantage Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was RM0.05.


Ocean Vantage 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.

Ocean Vantage Holdings 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
=17.123/28.96*91
=53.95

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

Ocean Vantage Holdings 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)
=(29.636+0.75 * 17.123+0.5 * 0.292-18.861
-0-0.499)/429.940
=0.05

* 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.


Ocean Vantage Holdings Bhd Accounts Receivable Related Terms


Ocean Vantage Holdings Bhd Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Ocean Vantage 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.

Ocean Vantage Holdings Bhd Accounts Receivable Chart

Ocean Vantage Holdings 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 49.42 50.70 53.42 40.30 20.81

Ocean Vantage Holdings 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 63.51 28.79 20.81 23.29 17.12
XKLS:0220
52GF Score
Ocean Vantage Holdings Bhd XKLS:0220
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ocean Vantage 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 RM17.1 Mil mean?
Ocean Vantage Holdings Bhd (XKLS:0220) has a Accounts Receivable of RM17.1 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Ocean Vantage Holdings Bhd and its competitors.
Is Ocean Vantage Holdings Bhd's Accounts Receivable too high?
Ocean Vantage Holdings Bhd's current Accounts Receivable is RM17.1 Mil. Overall, Ocean Vantage Holdings Bhd has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ocean Vantage Holdings Bhd's Accounts Receivable compare to SLB and BKR?
Ocean Vantage Holdings Bhd's Accounts Receivable of RM17.1 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Accounts Receivable depends on the Oil & Gas 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 Ocean Vantage Holdings Bhd and its competitors. Ocean Vantage Holdings Bhd's current Accounts Receivable is RM17.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Vantage Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ocean Vantage Holdings Bhd (XKLS:0220) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.13, compared to a current price of RM0.24 — trading 84.6% above its estimated fair value. The current Accounts Receivable is RM17.1 Mil. Ocean Vantage Holdings Bhd's overall GF Score™ is 52/100 with 5 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 Ocean Vantage Holdings Bhd (XKLS:0220), the current Accounts Receivable is RM17.1 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 Ocean Vantage Holdings Bhd (XKLS:0220) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Vantage Holdings Bhd stock appears to be overvalued. The current stock price of RM0.24 is trading 84.6% above its estimated GF Value™ of RM0.13. GuruFocus considers Ocean Vantage Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0220:

  • Accounts Receivable: RM17.1 Mil
  • GF Value™: RM0.13 vs. price of RM0.24 (84.6% above fair value)
  • GF Score™: 52/100 with 5 warning signs

No single metric tells the full story. See the XKLS:0220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ocean Vantage Holdings Bhd Business Description

Industry EnergyOil & Gas
Address Block 11, Jalan Tudan, Lot 6073 and 6074, 1st and 2nd Floor, Kuala Baram Land District, Bandar Baru Permyjaya, Miri, SWK, MYS, 98000
Ocean Vantage Holdings Bhd, along with its subsidiaries, is engaged in the provision of support services for the oil and gas industry, where it supports both the upstream and downstream oil and gas activities. The Group operates through four segments: Engineering, procurement, and construction (EPC) and Project management; Supply of manpower; Supply of materials, tools, and equipment; and Drilling rig charter. Maximum revenue is derived from the Supply of manpower segment, which delivers tailored manpower solutions to the oil and gas sector by providing end-to-end manpower services, from sourcing and screening to onboarding and workforce management, at every stage of the project. Geographically, the Group generates maximum revenue from the local market and also has an overseas presence.
52GF Score

Get the complete analysis for XKLS:0220

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

RM0.24
Price
RM0.13
GF Value