HE Group Bhd (XKLS:0296) Accounts Receivable: RM36.5 Mil (As of Jun. 2026)

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XKLS:0296 HE Group Bhd XKLS:0296
51 GF Score
Price RM0.83
GF Value RM0.40
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is HE Group Bhd Accounts Receivable?

HE Group Bhd XKLS:0296 51 Accounts Receivable is RM36.5 Mil as of Jun. 2026. GuruFocus rates XKLS:0296 with a GF Score™ of 51/100 and a GF Value™ of RM0.40 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. HE Group Bhd's accounts receivables for the quarter that ended in Jun. 2026 was RM36.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. HE Group Bhd's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 72.16.

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


HE 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.

HE 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
=36.488/46.143*91
=72.16

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

HE 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)
=(56.561+0.75 * 36.488+0.5 * 2.793-50.757
-0-0)/440.000
=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.


HE Group Bhd Accounts Receivable Related Terms


HE Group Bhd Accounts Receivable Historical Data

* Premium members only.

The historical data trend for HE 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.

HE Group Bhd Accounts Receivable Chart

HE Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial 35.46 41.61 56.23 40.28 29.50

HE Group Bhd Quarterly Data
Dec20 Dec21 Dec22 Aug23 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 27.93 25.23 29.50 23.04 36.49
XKLS:0296
51GF Score
HE Group Bhd XKLS:0296
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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HE 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 RM36.5 Mil mean?
HE Group Bhd (XKLS:0296) has a Accounts Receivable of RM36.5 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on HE Group Bhd and its competitors.
Is HE Group Bhd's Accounts Receivable too high?
HE Group Bhd's current Accounts Receivable is RM36.5 Mil. Overall, HE Group Bhd has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HE Group Bhd's Accounts Receivable compare to PWR and FIX?
HE Group Bhd's Accounts Receivable of RM36.5 Mil can be compared against companies in the Construction 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 Construction company?
A good Accounts Receivable depends on the Construction 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 HE Group Bhd and its competitors. HE Group Bhd's current Accounts Receivable is RM36.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HE Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, HE Group Bhd (XKLS:0296) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.40, compared to a current price of RM0.83 — trading 106.3% above its estimated fair value. The current Accounts Receivable is RM36.5 Mil. HE Group Bhd's overall GF Score™ is 51/100 with 6 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 HE Group Bhd (XKLS:0296), the current Accounts Receivable is RM36.5 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 HE Group Bhd (XKLS:0296) Overvalued in 2026?

Based on GuruFocus' analysis, HE Group Bhd stock appears to be overvalued. The current stock price of RM0.83 is trading 106.3% above its estimated GF Value™ of RM0.40. GuruFocus considers HE Group Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0296:

  • Accounts Receivable: RM36.5 Mil
  • GF Value™: RM0.40 vs. price of RM0.83 (106.3% above fair value)
  • GF Score™: 51/100 with 6 warning signs

No single metric tells the full story. See the XKLS:0296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HE Group Bhd Business Description

Address No. 42, Jalan OP 1/5, Pusat Perdagangan One Puchong, Puchong, SGR, MYS, 47160
HE Group Bhd is an electrical engineering service provider focusing on power distribution systems for end-user premises such as industrial plants and industrial and commercial substations. It is involved in the design, supply, installation, testing, and commissioning of HV, MV, LV, and ELV power distribution systems, as well as hook-up and retrofitting of electrical equipment. It also provides other building systems and works, including mechanical systems, control, and instrumentation systems, as well as civil, structural, and architectural works. Its segment includes, the provision of power distribution systems that generates maximum revenue, other building systems and works, electrical equipment hook-up and retrofitting, and trading of electrical products.
51GF Score

Get the complete analysis for XKLS:0296

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

RM0.83
Price
RM0.40
GF Value