Techbond Group Bhd (XKLS:5289) Accounts Receivable: RM20.8 Mil (As of Jun. 2026)

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XKLS:5289 Techbond Group Bhd XKLS:5289
66 GF Score
Price RM0.29
GF Value RM0.27
Valuation Fairly Valued
! 3 Warning Signs
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What is Techbond Group Bhd Accounts Receivable?

Techbond Group Bhd XKLS:5289 -1.72% 66 Accounts Receivable is RM20.8 Mil as of Jun. 2026. GuruFocus rates XKLS:5289 with a GF Score™ of 66/100 and a GF Value™ of RM0.27 (Fairly Valued). 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. Techbond Group Bhd's accounts receivables for the quarter that ended in Jun. 2026 was RM20.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Techbond Group Bhd's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 57.98.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Techbond Group Bhd's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was RM0.18.


Techbond 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.

Techbond 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
=20.808/32.75*91
=57.98

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

Techbond 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)
=(134.261+0.75 * 20.808+0.5 * 36.958-35.554
-0-)/758.695
=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.


Techbond Group Bhd Accounts Receivable Related Terms


Techbond Group Bhd Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Techbond 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.

Techbond Group Bhd Accounts Receivable Chart

Techbond Group Bhd Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.24 24.55 28.66 24.03 20.81

Techbond Group 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 24.03 22.17 18.85 19.96 20.81
XKLS:5289
66GF Score
Techbond Group Bhd XKLS:5289
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Techbond 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 RM20.8 Mil mean?
Techbond Group Bhd (XKLS:5289) has a Accounts Receivable of RM20.8 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Techbond Group Bhd and its competitors.
Is Techbond Group Bhd's Accounts Receivable too high?
Techbond Group Bhd's current Accounts Receivable is RM20.8 Mil. Overall, Techbond Group Bhd has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Techbond Group Bhd's Accounts Receivable compare to LIN and SHW?
Techbond Group Bhd's Accounts Receivable of RM20.8 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 Techbond Group Bhd and its competitors. Techbond Group Bhd's current Accounts Receivable is RM20.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techbond Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Techbond Group Bhd (XKLS:5289) is currently considered Fairly Valued. The stock's GF Value™ is RM0.27, compared to a current price of RM0.29 — trading 5.6% above its estimated fair value. The current Accounts Receivable is RM20.8 Mil. Techbond Group Bhd's overall GF Score™ is 66/100 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 Techbond Group Bhd (XKLS:5289), the current Accounts Receivable is RM20.8 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 Techbond Group Bhd (XKLS:5289) Overvalued in 2026?

Based on GuruFocus' analysis, Techbond Group Bhd stock appears to be overvalued. The current stock price of RM0.29 is trading 5.6% above its estimated GF Value™ of RM0.27. GuruFocus considers Techbond Group Bhd to be Fairly Valued.

Key valuation signals for XKLS:5289:

  • Accounts Receivable: RM20.8 Mil
  • GF Value™: RM0.27 vs. price of RM0.29 (5.6% above fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the XKLS:5289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Techbond Group Bhd Business Description

Address No. 36, Jalan Anggerik Mokara 31/59, Seksyen 31, Kota Kemuning, Selangor, Shah Alam, SGR, MYS, 40460
Techbond Group Bhd is an investment holding company providing management services to its subsidiaries. Its segments are Industrial Adhesives & Sealants, Supporting Products and Services, and Chemicals, with the majority of revenue generated from Industrial Adhesives and Sealants. The company operates in Malaysia, Vietnam, Thailand, Indonesia, China, and other countries, with majority of revenue generated from Malaysia. It develops and manufactures water-based and hot melt adhesives, water-based and solvent-based sealants, and offers supporting products such as OEM adhesives, chemicals, repellents, cleaners, spare parts, and maintenance services. Its products include adhesives for woodworking, paper and packaging, mattresses, construction, hygiene, cigarettes, automotive, and bookbinding.
66GF Score

Get the complete analysis for XKLS:5289

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

RM0.29
Price
RM0.27
GF Value