Iris Bhd (XKLS:0010) Change In Receivables: RM35.0 Mil (TTM As of Mar. 2026)

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XKLS:0010 Iris Corp Bhd XKLS:0010
41 GF Score
Price RM0.22
GF Value RM0.17
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Iris Bhd Change In Receivables?

Iris Bhd XKLS:0010 41 Change In Receivables is RM35.0 Mil as of Mar. 2026. GuruFocus rates XKLS:0010 with a GF Score™ of 41/100 and a GF Value™ of RM0.17 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Iris Bhd's change in receivables for the quarter that ended in Mar. 2026 was RM56.9 Mil. It means Iris Bhd's Accounts Receivable declined by RM56.9 Mil from Dec. 2025 to Mar. 2026 .

Iris Bhd's change in receivables for the fiscal year that ended in Mar. 2026 was RM35.0 Mil. It means Iris Bhd's Accounts Receivable declined by RM35.0 Mil from Mar. 2025 to Mar. 2026 .

Iris Bhd's Accounts Receivable for the quarter that ended in Mar. 2026 was RM55.0 Mil.

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 Receivable are being managed. Iris Bhd's Days Sales Outstanding for the three months ended in Mar. 2026 was 237.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Iris Bhd's liquidation value for the three months ended in Mar. 2026 was RM5.1 Mil.


Iris Bhd  (XKLS:0010) Change In Receivables 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 Receivable are being managed.

Iris Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=55.007/21.172*91
=237.08

2. In Ben Graham's calculation of liquidation value, Iris Bhd's accounts receivable are only considered to be worth 75% of book value:

Iris Bhd's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=166.151-214.316+0.75 * 55.007+0.5 * 23.97
=5.1

* 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.


Iris Bhd Change In Receivables Related Terms


Iris Bhd Change In Receivables Historical Data

* Premium members only.

The historical data trend for Iris Bhd's Change In Receivables 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.

Iris Bhd Change In Receivables Chart

Iris Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.22 -23.89 -2.47 12.23 35.03

Iris Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Receivables 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 9.10 -27.86 3.94 2.01 56.93
XKLS:0010
41GF Score
Iris Corp Bhd XKLS:0010
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Iris Bhd Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM35.0 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of RM35.0 Mil mean?
Iris Bhd (XKLS:0010) has a Change In Receivables of RM35.0 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Iris Bhd and its competitors.
Is Iris Bhd's Change In Receivables too high?
Iris Bhd's current Change In Receivables is RM35.0 Mil. Overall, Iris Bhd has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iris Bhd's Change In Receivables compare to competitors?
Iris Bhd's Change In Receivables of RM35.0 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Industrial Products company?
A good Change In Receivables depends on the Industrial Products industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Iris Bhd and its competitors. Iris Bhd's current Change In Receivables is RM35.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iris Bhd stock overvalued right now?
Based on GuruFocus' analysis, Iris Bhd (XKLS:0010) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.17, compared to a current price of RM0.22 — trading 29.4% above its estimated fair value. The current Change In Receivables is RM35.0 Mil. Iris Bhd's overall GF Score™ is 41/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Iris Bhd (XKLS:0010), the current Change In Receivables is RM35.0 Mil as of Mar. 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 Iris Bhd (XKLS:0010) Overvalued in 2026?

Based on GuruFocus' analysis, Iris Bhd stock appears to be overvalued. The current stock price of RM0.22 is trading 29.4% above its estimated GF Value™ of RM0.17. GuruFocus considers Iris Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:0010:

  • Change In Receivables: RM35.0 Mil
  • GF Value™: RM0.17 vs. price of RM0.22 (29.4% above fair value)
  • GF Score™: 41/100 with 3 warning signs

No single metric tells the full story. See the XKLS:0010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iris Bhd Business Description

Address IRIS Smart Tech Complex, Technology Park Malaysia, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000
Iris Corp Bhd is engaged in operations of segments such as the Trusted Identification, and Sustainable Development division. It generates maximum revenue from the Trusted identification division segment. The trusted identification division segment includes e-passports, e-identification cards, banking cards, transportation, and other related Trusted Identification devices, equipment, and services. Geographically, it derives a majority of its revenue from Africa and also has a presence in Malaysia, Asia Pacific, Oceania, and North America.
41GF Score

Get the complete analysis for XKLS:0010

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

RM0.22
Price
RM0.17
GF Value