Securemetric Bhd (XKLS:0203) Change In Receivables: RM5.62 Mil (TTM As of Mar. 2026)

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XKLS:0203 Securemetric Bhd XKLS:0203
54 GF Score
Price RM0.11
GF Value RM0.16
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Securemetric Bhd Change In Receivables?

Securemetric Bhd XKLS:0203 -4.35% 54 Change In Receivables is RM5.62 Mil as of Mar. 2026. GuruFocus rates XKLS:0203 with a GF Score™ of 54/100 and a GF Value™ of RM0.16 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Securemetric Bhd's change in receivables for the quarter that ended in Mar. 2026 was RM-1.81 Mil. It means Securemetric Bhd's Accounts Receivable increased by RM1.81 Mil from Dec. 2025 to Mar. 2026 .

Securemetric Bhd's change in receivables for the fiscal year that ended in Dec. 2025 was RM4.65 Mil. It means Securemetric Bhd's Accounts Receivable declined by RM4.65 Mil from Dec. 2024 to Dec. 2025 .

Securemetric Bhd's Accounts Receivable for the quarter that ended in Mar. 2026 was RM10.21 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. Securemetric Bhd's Days Sales Outstanding for the three months ended in Mar. 2026 was 83.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Securemetric Bhd's liquidation value for the three months ended in Mar. 2026 was RM14.62 Mil.


Securemetric Bhd  (XKLS:0203) 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.

Securemetric 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
=10.208/11.11*91
=83.84

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

Securemetric 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)
=25.092-18.512+0.75 * 10.208+0.5 * 0.772
=14.62

* 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.


Securemetric Bhd Change In Receivables Related Terms


Securemetric Bhd Change In Receivables Historical Data

* Premium members only.

The historical data trend for Securemetric 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.

Securemetric Bhd Change In Receivables Chart

Securemetric Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.50 2.25 -3.33 -8.56 4.65

Securemetric 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 -2.78 -9.26 10.37 6.32 -1.81
XKLS:0203
54GF Score
Securemetric Bhd XKLS:0203
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Securemetric 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 RM5.62 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 RM5.62 Mil mean?
Securemetric Bhd (XKLS:0203) has a Change In Receivables of RM5.62 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Securemetric Bhd and its competitors.
Is Securemetric Bhd's Change In Receivables too high?
Securemetric Bhd's current Change In Receivables is RM5.62 Mil. Overall, Securemetric Bhd has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Securemetric Bhd's Change In Receivables compare to MSFT and ORCL?
Securemetric Bhd's Change In Receivables of RM5.62 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 Securemetric Bhd and its competitors. Securemetric Bhd's current Change In Receivables is RM5.62 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Securemetric Bhd stock overvalued right now?
Based on GuruFocus' analysis, Securemetric Bhd (XKLS:0203) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.16, compared to a current price of RM0.11 — trading 31.3% below its estimated fair value. The current Change In Receivables is RM5.62 Mil. Securemetric Bhd's overall GF Score™ is 54/100 with 4 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 Securemetric Bhd (XKLS:0203), the current Change In Receivables is RM5.62 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 Securemetric Bhd (XKLS:0203) Overvalued in 2026?

Based on GuruFocus' analysis, Securemetric Bhd stock appears to be undervalued. The current stock price of RM0.11 is trading 31.3% below its estimated GF Value™ of RM0.16. GuruFocus considers Securemetric Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0203:

  • Change In Receivables: RM5.62 Mil
  • GF Value™: RM0.16 vs. price of RM0.11 (31.3% below fair value)
  • GF Score™: 54/100 with 4 warning signs

No single metric tells the full story. See the XKLS:0203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Securemetric Bhd Business Description

Address No.1, Persiaran Jalil 1, Unit 2-12-01, Level 12, Ho Hup Tower, Bandar Bukit Jalil, Wilayah Persekutuan, Kuala Lumpur, MYS, 57000
Securemetric Bhd is an investment holding company. Along with its subsidiaries, it is engaged in the provision of digital security solutions, trading of electronic identification products, and other related services. The group's business segments are Digital security solutions, Electronic identification products, Maintenance services, and Others. A majority of its revenue is generated from the Digital security solutions segment, which provides solutions related to two-factor authentication (2FA), PKI solutions, software licensing, protection dongles, and the CENTAGATE software, which manages user authentication and supports multi-factor and multi-channel authentication and digital signing solutions (SigningCloud). Geographically, the group generates maximum revenue from the Philippines.
54GF Score

Get the complete analysis for XKLS:0203

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

RM0.11
Price
RM0.16
GF Value