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.
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.
Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ray Go Solar Holdings Bhd's accounts receivables for the quarter that ended in Apr. 2026 was RM5.02 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Ray Go Solar Holdings Bhd's Days Sales Outstanding for the quarter that ended in Apr. 2026 was 68.20.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ray Go Solar Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Apr. 2026 was RM-0.02.
Ray Go Solar 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.
Ray Go Solar Holdings Bhd's Days Sales Outstanding for the quarter that ended in Apr. 2026 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Ray Go Solar Holdings Bhd's accounts receivable are only considered to be worth 75% of book value:
Ray Go Solar Holdings Bhd's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2026 is calculated as:
* 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.
Ray Go Solar Holdings Bhd Accounts Receivable Related Terms
Ray Go Solar Holdings Bhd Accounts Receivable Historical Data
* 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.
Ray Go Solar Holdings Bhd Accounts Receivable Chart
What does a Accounts Receivable of RM5.02 Mil mean?
Ray Go Solar Holdings Bhd (XKLS:03052) has a Accounts Receivable of RM5.02 Mil as of Apr. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Ray Go Solar Holdings Bhd and its competitors.
Is Ray Go Solar Holdings Bhd's Accounts Receivable too high?
Ray Go Solar Holdings Bhd's current Accounts Receivable is RM5.02 Mil. Overall, Ray Go Solar Holdings Bhd has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Ray Go Solar Holdings Bhd's Accounts Receivable compare to FSLR and NXT?
Ray Go Solar Holdings Bhd's Accounts Receivable of RM5.02 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Accounts Receivable depends on the Semiconductors 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 Ray Go Solar Holdings Bhd and its competitors. Ray Go Solar Holdings Bhd's current Accounts Receivable is RM5.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray Go Solar Holdings Bhd stock overvalued right now?
Ray Go Solar Holdings Bhd (XKLS:03052) has a current Accounts Receivable of RM5.02 Mil. The stock's GF Value™ is RM0.24, compared to a current price of RM0.17 — trading 29.2% below its estimated fair value. The current Accounts Receivable is RM5.02 Mil. Ray Go Solar Holdings Bhd's overall GF Score™ is 43/100 with 7 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 Ray Go Solar Holdings Bhd (XKLS:03052), the current Accounts Receivable is RM5.02 Mil as of Apr. 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 Ray Go Solar Holdings Bhd (XKLS:03052) Overvalued in 2026?
Based on GuruFocus' analysis, Ray Go Solar Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.17 is trading 29.2% below its estimated GF Value™ of RM0.24.
Key valuation signals for XKLS:03052:
Accounts Receivable: RM5.02 Mil
GF Value™: RM0.24 vs. price of RM0.17 (29.2% below fair value)
No single metric tells the full story. See the XKLS:03052 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ray Go Solar Holdings Bhd is a solar engineering procurement construction (EPC) company providing integrated solar services throughout the entire process of installing a photovoltaic (PV) system. Its business segments include Sales of energy generated from solar projects; and Engineering, Procurement, Construction, and Commissions (EPCC) in solar projects; and operations and maintenance for solar projects. Maximum revenue for the company is derived from its EPCC segment. Geographically, it operates only in Malaysia.
43GF Score
Get the complete analysis for XKLS:03052
Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:03052 has been successfully added to your 
