ICT Zone Asia Bhd (XKLS:0358) Accounts Receivable: RM71.2 Mil (As of Apr. 2026)

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XKLS:0358 ICT Zone Asia Bhd XKLS:0358
61 GF Score
Price RM0.26
GF Value RM0.39
Valuation Possible Value Trap
! 7 Warning Signs
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What is ICT Zone Asia Bhd Accounts Receivable?

ICT Zone Asia Bhd XKLS:0358 -3.77% 61 Accounts Receivable is RM71.2 Mil as of Apr. 2026. GuruFocus rates XKLS:0358 with a GF Score™ of 61/100 and a GF Value™ of RM0.39 (Possible Value Trap). The stock has 7 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ICT Zone Asia Bhd's accounts receivables for the quarter that ended in Apr. 2026 was RM71.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ICT Zone Asia Bhd's Days Sales Outstanding for the quarter that ended in Apr. 2026 was 64.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ICT Zone Asia Bhd's Net-Net Working Capital per share for the quarter that ended in Apr. 2026 was RM-0.18.


ICT Zone Asia 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.

ICT Zone Asia Bhd's Days Sales Outstanding for the quarter that ended in Apr. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=71.163/100.309*91
=64.74

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

ICT Zone Asia Bhd's Net-Net Working Capital Per Share for the quarter that ended in Apr. 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)
=(41.016+0.75 * 71.163+0.5 * 1.805-240.222
-0--0.593)/795.453
=-0.18

* 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.


ICT Zone Asia Bhd Accounts Receivable Related Terms


ICT Zone Asia Bhd Accounts Receivable Historical Data

* Premium members only.

The historical data trend for ICT Zone Asia 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.

ICT Zone Asia Bhd Accounts Receivable Chart

ICT Zone Asia Bhd Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Accounts Receivable
Get a 7-Day Free Trial 5.99 9.48 17.07 22.80 28.12

ICT Zone Asia Bhd Quarterly Data
Jan19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 42.64 28.23 38.10 71.16
XKLS:0358
61GF Score
ICT Zone Asia Bhd XKLS:0358
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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ICT Zone Asia 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 RM71.2 Mil mean?
ICT Zone Asia Bhd (XKLS:0358) has a Accounts Receivable of RM71.2 Mil as of Apr. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on ICT Zone Asia Bhd and its competitors.
Is ICT Zone Asia Bhd's Accounts Receivable too high?
ICT Zone Asia Bhd's current Accounts Receivable is RM71.2 Mil. Overall, ICT Zone Asia Bhd has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ICT Zone Asia Bhd's Accounts Receivable compare to IBM and ACN?
ICT Zone Asia Bhd's Accounts Receivable of RM71.2 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 ICT Zone Asia Bhd and its competitors. ICT Zone Asia Bhd's current Accounts Receivable is RM71.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICT Zone Asia Bhd stock overvalued right now?
Based on GuruFocus' analysis, ICT Zone Asia Bhd (XKLS:0358) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.39, compared to a current price of RM0.26 — trading 34.6% below its estimated fair value. The current Accounts Receivable is RM71.2 Mil. ICT Zone Asia Bhd's overall GF Score™ is 61/100 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 ICT Zone Asia Bhd (XKLS:0358), the current Accounts Receivable is RM71.2 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 ICT Zone Asia Bhd (XKLS:0358) Overvalued in 2026?

Based on GuruFocus' analysis, ICT Zone Asia Bhd stock appears to be undervalued. The current stock price of RM0.26 is trading 34.6% below its estimated GF Value™ of RM0.39. GuruFocus considers ICT Zone Asia Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0358:

  • Accounts Receivable: RM71.2 Mil
  • GF Value™: RM0.39 vs. price of RM0.26 (34.6% below fair value)
  • GF Score™: 61/100 with 7 warning signs

No single metric tells the full story. See the XKLS:0358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ICT Zone Asia Bhd Business Description

Address Jalan Ampang Putra, Block H, Ground Floor, Excella Business Park, Wilayah Persekutuan, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 55100
ICT Zone Asia Bhd is an investment holding company. Along with its subsidiaries, it operates in the following business segments: the Technology financing segment, which involves operating leases of ICT hardware and software; the Trading of ICT hardware and software segment includes outright sales of ICT hardware and software and disposal of ICT assets; Provision of ICT services segment is involved in providing corrective and preventative ICT maintenance services; Provision of cloud solution and services segment offers customised cloud services with architecture solution and outright sales of ICT hardware and software for cloud solution; and Others. Maximum revenue for the group is generated from the Technology financing segment. Geographically, it generates maximum revenue from Malaysia.
61GF Score

Get the complete analysis for XKLS:0358

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

RM0.26
Price
RM0.39
GF Value