Comfort Gloves Bhd (XKLS:2127) Accounts Receivable: RM60.6 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:2127 Comfort Gloves Bhd XKLS:2127
33 GF Score
Price RM0.15
GF Value RM0.26
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Comfort Gloves Bhd Accounts Receivable?

Comfort Gloves Bhd XKLS:2127 +3.45% 33 Accounts Receivable is RM60.6 Mil as of Jun. 2026. GuruFocus rates XKLS:2127 with a GF Score™ of 33/100 and a GF Value™ of RM0.26 (Possible Value Trap). 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. Comfort Gloves Bhd's accounts receivables for the quarter that ended in Jun. 2026 was RM60.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Comfort Gloves Bhd's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 60.91.

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

Comfort Gloves 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.

Comfort Gloves 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
=60.552/90.716*91
=60.91

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

Comfort Gloves 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)
=(160.301+0.75 * 60.552+0.5 * 76.315-116.711
-0-0)/579.000
=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.

Comfort Gloves Bhd Accounts Receivable Related Terms

Comfort Gloves Bhd Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Comfort Gloves 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.

Comfort Gloves Bhd Accounts Receivable Chart

Comfort Gloves Bhd Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 158.05 68.72 55.59 88.37 50.87

Comfort Gloves Bhd Quarterly Data
Jul21 Oct21 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 66.58 56.33 50.87 52.28 60.55
XKLS:2127
33GF Score
Comfort Gloves Bhd XKLS:2127
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comfort Gloves 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 RM60.6 Mil mean?
Comfort Gloves Bhd (XKLS:2127) has a Accounts Receivable of RM60.6 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Comfort Gloves Bhd and its competitors.
Is Comfort Gloves Bhd's Accounts Receivable too high?
Comfort Gloves Bhd's current Accounts Receivable is RM60.6 Mil. Overall, Comfort Gloves Bhd has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Comfort Gloves Bhd's Accounts Receivable compare to LIN and SHW?
Comfort Gloves Bhd's Accounts Receivable of RM60.6 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Accounts Receivable depends on the Chemicals 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 Comfort Gloves Bhd and its competitors. Comfort Gloves Bhd's current Accounts Receivable is RM60.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comfort Gloves Bhd stock overvalued right now?
Based on GuruFocus' analysis, Comfort Gloves Bhd (XKLS:2127) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.26, compared to a current price of RM0.15 — trading 42.3% below its estimated fair value. The current Accounts Receivable is RM60.6 Mil. Comfort Gloves Bhd's overall GF Score™ is 33/100 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 Comfort Gloves Bhd (XKLS:2127), the current Accounts Receivable is RM60.6 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 Comfort Gloves Bhd (XKLS:2127) Overvalued in 2026?

Based on GuruFocus' analysis, Comfort Gloves Bhd stock appears to be undervalued. The current stock price of RM0.15 is trading 42.3% below its estimated GF Value™ of RM0.26. GuruFocus considers Comfort Gloves Bhd to be Possible Value Trap.

Key valuation signals for XKLS:2127:

  • Accounts Receivable: RM60.6 Mil
  • GF Value™: RM0.26 vs. price of RM0.15 (42.3% below fair value)
  • GF Score™: 33/100 with 3 warning signs

No single metric tells the full story. See the XKLS:2127 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Comfort Gloves Bhd Business Description

Address Lot 821, Jalan Matang, Matang, Taiping, PRK, MYS, 34750
Comfort Gloves Bhd is engaged in the manufacturing and trading of nitrile and latex gloves. The operating segments of the company include Manufacturing engaged in manufacturing and trading of latex gloves; Investment holding engaged in investment holding and provision of management services; Trading engaged in trading of latex gloves; and Others. Majority of the revenue is derived from the Manufacturing segment. Geographically, it operates in Malaysia, United States of America and Canada, Asia (excluding Malaysia), Europe, and Others with Majority of the revenue deriving from United States of America and Canada.
33GF Score

Get the complete analysis for XKLS:2127

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

RM0.15
Price
RM0.26
GF Value