Spritzer Bhd (XKLS:7103) Accounts Receivable: RM154.4 Mil (As of Jun. 2026)

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XKLS:7103 Spritzer Bhd XKLS:7103
89 GF Score
Price RM3.84
GF Value RM1.98
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Spritzer Bhd Accounts Receivable?

Spritzer Bhd XKLS:7103 +0.26% 89 Accounts Receivable is RM154.4 Mil as of Jun. 2026. GuruFocus rates XKLS:7103 with a GF Score™ of 89/100 and a GF Value™ of RM1.98 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Spritzer Bhd's accounts receivables for the quarter that ended in Jun. 2026 was RM154.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Spritzer Bhd's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 69.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Spritzer Bhd's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was RM0.07.


Spritzer 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.

Spritzer 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
=154.36/202.979*91
=69.39

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

Spritzer 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)
=(105.505+0.75 * 154.36+0.5 * 61.117-209.788
-0-0)/640.083
=0.07

* 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.


Spritzer Bhd Accounts Receivable Related Terms


Spritzer Bhd Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Spritzer 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.

Spritzer Bhd Accounts Receivable Chart

Spritzer Bhd Annual Data
Trend May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.42 81.58 95.63 117.92 133.29

Spritzer 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 31.61 31.76 133.29 118.32 154.36
XKLS:7103
89GF Score
Spritzer Bhd XKLS:7103
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Spritzer 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 RM154.4 Mil mean?
Spritzer Bhd (XKLS:7103) has a Accounts Receivable of RM154.4 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Spritzer Bhd and its competitors.
Is Spritzer Bhd's Accounts Receivable too high?
Spritzer Bhd's current Accounts Receivable is RM154.4 Mil. Overall, Spritzer Bhd has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spritzer Bhd's Accounts Receivable compare to KO and PEP?
Spritzer Bhd's Accounts Receivable of RM154.4 Mil can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good Accounts Receivable depends on the Beverages - Non-Alcoholic 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 Spritzer Bhd and its competitors. Spritzer Bhd's current Accounts Receivable is RM154.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spritzer Bhd stock overvalued right now?
Based on GuruFocus' analysis, Spritzer Bhd (XKLS:7103) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.98, compared to a current price of RM3.84 — trading 93.9% above its estimated fair value. The current Accounts Receivable is RM154.4 Mil. Spritzer Bhd's overall GF Score™ is 89/100 with 5 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 Spritzer Bhd (XKLS:7103), the current Accounts Receivable is RM154.4 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 Spritzer Bhd (XKLS:7103) Overvalued in 2026?

Based on GuruFocus' analysis, Spritzer Bhd stock appears to be overvalued. The current stock price of RM3.84 is trading 93.9% above its estimated GF Value™ of RM1.98. GuruFocus considers Spritzer Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:7103:

  • Accounts Receivable: RM154.4 Mil
  • GF Value™: RM1.98 vs. price of RM3.84 (93.9% above fair value)
  • GF Score™: 89/100 with 5 warning signs

No single metric tells the full story. See the XKLS:7103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spritzer Bhd Business Description

Address Lot 898, Jalan Reservoir, Off Jalan Air Kuning, Taiping, PRK, MYS, 34000
Spritzer Bhd is principally involved in the production and sale of natural mineral water, carbonated flavoured water, distilled water, drinking water and non-carbonated flavoured water, manufacturing and selling of PET preforms, PET bottles, caps, toothbrushes and other plastic products, distribution of bottled water and other consumer products, operator of a mini golf course, recreational park and retail of consumer products, property development and investment holding. The company operates through three segments Manufacturing, Trading, and Others. The company generates majority of revenue from Manufacturing segment. The company's main products includes Everyday Hydration, Sparking Hydration, Flavourful Hydration, etc.
89GF Score

Get the complete analysis for XKLS:7103

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

RM3.84
Price
RM1.98
GF Value