TSA Group Bhd (XKLS:0297) Change In Receivables: RM-18.8 Mil (TTM As of Jun. 2026)

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XKLS:0297 TSA Group Bhd XKLS:0297
34 GF Score
Price RM0.86
GF Value RM0.70
Valuation Modestly Overvalued
! 10 Warning Signs
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What is TSA Group Bhd Change In Receivables?

TSA Group Bhd XKLS:0297 -2.82% 34 Change In Receivables is RM-18.8 Mil as of Jun. 2026. GuruFocus rates XKLS:0297 with a GF Score™ of 34/100 and a GF Value™ of RM0.70 (Modestly Overvalued). The stock has 10 warning signs investors should review.

TSA Group Bhd's change in receivables for the quarter that ended in Jun. 2026 was RM-13.3 Mil. It means TSA Group Bhd's Accounts Receivable increased by RM13.3 Mil from Mar. 2026 to Jun. 2026 .

TSA Group Bhd's change in receivables for the fiscal year that ended in Dec. 2025 was RM5.8 Mil. It means TSA Group Bhd's Accounts Receivable declined by RM5.8 Mil from Dec. 2024 to Dec. 2025 .

TSA Group Bhd's Accounts Receivable for the quarter that ended in Jun. 2026 was RM64.4 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. TSA Group Bhd's Days Sales Outstanding for the three months ended in Jun. 2026 was 77.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TSA Group Bhd's liquidation value for the three months ended in Jun. 2026 was RM31.7 Mil.

TSA Group Bhd  (XKLS:0297) 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.

TSA 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
=64.439/75.739*91
=77.64

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

TSA Group Bhd's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=46.805-104.153+0.75 * 64.439+0.5 * 81.409
=31.7

* 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.

TSA Group Bhd Change In Receivables Related Terms

TSA Group Bhd Change In Receivables Historical Data

* Premium members only.

The historical data trend for TSA Group 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.

TSA Group Bhd Change In Receivables Chart

TSA Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial -15.42 14.40 -8.14 13.28 5.79

TSA Group Bhd Quarterly Data
Dec20 Dec21 Dec22 Aug23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.52 -6.72 5.08 -3.80 -13.35
XKLS:0297
34GF Score
TSA Group Bhd XKLS:0297
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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TSA Group 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-18.8 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-18.8 Mil mean?
TSA Group Bhd (XKLS:0297) has a Change In Receivables of RM-18.8 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for TSA Group Bhd and its competitors.
Is TSA Group Bhd's Change In Receivables too high?
TSA Group Bhd's current Change In Receivables is RM-18.8 Mil. Overall, TSA Group Bhd has a GF Score™ of 34/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TSA Group Bhd's Change In Receivables compare to NUE and STLD?
TSA Group Bhd's Change In Receivables of RM-18.8 Mil can be compared against companies in the Steel 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 Steel company?
A good Change In Receivables depends on the Steel 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 TSA Group Bhd and its competitors. TSA Group Bhd's current Change In Receivables is RM-18.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSA Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, TSA Group Bhd (XKLS:0297) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.70, compared to a current price of RM0.86 — trading 22.9% above its estimated fair value. The current Change In Receivables is RM-18.8 Mil. TSA Group Bhd's overall GF Score™ is 34/100 with 10 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 TSA Group Bhd (XKLS:0297), the current Change In Receivables is RM-18.8 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 TSA Group Bhd (XKLS:0297) Overvalued in 2026?

Based on GuruFocus' analysis, TSA Group Bhd stock appears to be overvalued. The current stock price of RM0.86 is trading 22.9% above its estimated GF Value™ of RM0.70. GuruFocus considers TSA Group Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:0297:

  • Change In Receivables: RM-18.8 Mil
  • GF Value™: RM0.70 vs. price of RM0.86 (22.9% above fair value)
  • GF Score™: 34/100 with 10 warning signs

No single metric tells the full story. See the XKLS:0297 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TSA Group Bhd Business Description

Address Lot 3998, Jalan 6/2A, Taman Industri Selesa Jaya, Balakong, SGR, MYS, 43300
TSA Group Bhd is engaged in trading, manufacturing and processing of metal products, mainly of stainless steel. It mainly trades in stainless steel plates, sheets, coils, pipes, square bars, flat bars, round bars, hexagon bars, angle bars, U-channels, chequered and perforated plates, shim and strips, wire, flanges, and pipe fittings. It also supplies products made from other metals comprising copper, aluminum, brass, bronze, lead, and carbon steel. Geographically it operates in Malaysia, Singapore, Bangladesh, Thailand, Indonesia and others, having key revenue from Malaysia.
34GF Score

Get the complete analysis for XKLS:0297

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

RM0.86
Price
RM0.70
GF Value