Managepay Systems Bhd (XKLS:0156) Change In Receivables: RM-2.73 Mil (TTM As of Mar. 2026)

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What is Managepay Systems Bhd Change In Receivables?

Managepay Systems Bhd XKLS:0156 -8.33% Change In Receivables is RM-2.73 Mil as of Mar. 2026. The stock has 2 warning signs investors should review.

Managepay Systems Bhd's change in receivables for the quarter that ended in Mar. 2026 was RM2.11 Mil. It means Managepay Systems Bhd's Accounts Receivable declined by RM2.11 Mil from Dec. 2025 to Mar. 2026 .

Managepay Systems Bhd's change in receivables for the fiscal year that ended in Jun. 2025 was RM-8.48 Mil. It means Managepay Systems Bhd's Accounts Receivable increased by RM8.48 Mil from Dec. 2023 to Jun. 2025 .

Managepay Systems Bhd's Accounts Receivable for the quarter that ended in Mar. 2026 was RM21.56 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. Managepay Systems Bhd's Days Sales Outstanding for the three months ended in Mar. 2026 was 786.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Managepay Systems Bhd's liquidation value for the three months ended in Mar. 2026 was RM12.22 Mil.

Managepay Systems Bhd  (XKLS:0156) 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.

Managepay Systems 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
=21.564/2.502*91
=786.46

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

Managepay Systems 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)
=8.251-13.438+0.75 * 21.564+0.5 * 2.465
=12.22

* 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.

Managepay Systems Bhd Change In Receivables Related Terms

Managepay Systems Bhd Change In Receivables Historical Data

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The historical data trend for Managepay Systems 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.

Managepay Systems Bhd Change In Receivables Chart

Managepay Systems Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Jun25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.91 -21.96 -9.84 -6.50 -8.48

Managepay Systems Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 -2.39 -4.26 0.39 -0.96 2.11

Managepay Systems 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 RM-2.73 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 RM-2.73 Mil mean?
Managepay Systems Bhd (XKLS:0156) has a Change In Receivables of RM-2.73 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Managepay Systems Bhd and its competitors.
Is Managepay Systems Bhd's Change In Receivables too high?
Managepay Systems Bhd's current Change In Receivables is RM-2.73 Mil.
How does Managepay Systems Bhd's Change In Receivables compare to MSFT and ORCL?
Managepay Systems Bhd's Change In Receivables of RM-2.73 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 Change In Receivables for a Software company?
A good Change In Receivables depends on the Software 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 Managepay Systems Bhd and its competitors. Managepay Systems Bhd's current Change In Receivables is RM-2.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Managepay Systems Bhd stock overvalued right now?
Based on GuruFocus' analysis, Managepay Systems Bhd (XKLS:0156) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.09, compared to a current price of RM0.06 — trading 38.9% below its estimated fair value. The current Change In Receivables is RM-2.73 Mil. 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 Managepay Systems Bhd (XKLS:0156), the current Change In Receivables is RM-2.73 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.

Managepay Systems Bhd Business Description

Address Wisma MPSB, Lot 107 - 113, Jalan USJ 21/10, Subang Jaya, MYS, 47630
Managepay Systems Bhd is an investment holding company. The company operates in two segments: Fintech services includes the provision of e-payment services, e-money services, MasterCard prepaid card services, provision of money lending services licensed by the Ministry of Housing and Local Government, and provision and operations of peer-to-peer (P2P) financing platform licensed by the Securities Commission Malaysia (SC), domestics and cross border remittance; and Non-fintech services segment includes the development, marketing and trading of information and communication technology products, project management, e-commerce, mobile virtual network operator, business outsourcing services and loyalty management services.