Hap Seng Consolidated Bhd (XKLS:3034) Change In Receivables: RM431 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:3034 Hap Seng Consolidated Bhd XKLS:3034
60 GF Score
Price RM2.74
GF Value RM2.87
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Hap Seng Consolidated Bhd Change In Receivables?

Hap Seng Consolidated Bhd XKLS:3034 60 Change In Receivables is RM431 Mil as of Mar. 2026. GuruFocus rates XKLS:3034 with a GF Score™ of 60/100 and a GF Value™ of RM2.87 (Fairly Valued). The stock has 6 warning signs investors should review.

Hap Seng Consolidated Bhd's change in receivables for the quarter that ended in Mar. 2026 was RM36 Mil. It means Hap Seng Consolidated Bhd's Accounts Receivable declined by RM36 Mil from Dec. 2025 to Mar. 2026 .

Hap Seng Consolidated Bhd's change in receivables for the fiscal year that ended in Dec. 2025 was RM427 Mil. It means Hap Seng Consolidated Bhd's Accounts Receivable declined by RM427 Mil from Dec. 2024 to Dec. 2025 .

Hap Seng Consolidated Bhd's Accounts Receivable for the quarter that ended in Mar. 2026 was RM1,070 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. Hap Seng Consolidated Bhd's Days Sales Outstanding for the three months ended in Mar. 2026 was 82.06.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hap Seng Consolidated Bhd's liquidation value for the three months ended in Mar. 2026 was RM-4,252 Mil.


Hap Seng Consolidated Bhd  (XKLS:3034) 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.

Hap Seng Consolidated 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
=1070.161/1189.998*91
=82.06

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

Hap Seng Consolidated 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)
=3297.959-9260.655+0.75 * 1070.161+0.5 * 1817.092
=-4,252

* 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.


Hap Seng Consolidated Bhd Change In Receivables Related Terms


Hap Seng Consolidated Bhd Change In Receivables Historical Data

* Premium members only.

The historical data trend for Hap Seng Consolidated 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.

Hap Seng Consolidated Bhd Change In Receivables Chart

Hap Seng Consolidated 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 661.87 73.66 594.26 212.91 427.00

Hap Seng Consolidated 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 31.74 57.27 96.73 241.27 35.59
XKLS:3034
60GF Score
Hap Seng Consolidated Bhd XKLS:3034
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hap Seng Consolidated 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 RM431 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 RM431 Mil mean?
Hap Seng Consolidated Bhd (XKLS:3034) has a Change In Receivables of RM431 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Hap Seng Consolidated Bhd and its competitors.
Is Hap Seng Consolidated Bhd's Change In Receivables too high?
Hap Seng Consolidated Bhd's current Change In Receivables is RM431 Mil. Overall, Hap Seng Consolidated Bhd has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hap Seng Consolidated Bhd's Change In Receivables compare to MMM and HON?
Hap Seng Consolidated Bhd's Change In Receivables of RM431 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Change In Receivables depends on the Conglomerates 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 Hap Seng Consolidated Bhd and its competitors. Hap Seng Consolidated Bhd's current Change In Receivables is RM431 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hap Seng Consolidated Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hap Seng Consolidated Bhd (XKLS:3034) is currently considered Fairly Valued. The stock's GF Value™ is RM2.87, compared to a current price of RM2.74 — trading 4.5% below its estimated fair value. The current Change In Receivables is RM431 Mil. Hap Seng Consolidated Bhd's overall GF Score™ is 60/100 with 6 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 Hap Seng Consolidated Bhd (XKLS:3034), the current Change In Receivables is RM431 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 Hap Seng Consolidated Bhd (XKLS:3034) Overvalued in 2026?

Based on GuruFocus' analysis, Hap Seng Consolidated Bhd stock appears to be undervalued. The current stock price of RM2.74 is trading 4.5% below its estimated GF Value™ of RM2.87. GuruFocus considers Hap Seng Consolidated Bhd to be Fairly Valued.

Key valuation signals for XKLS:3034:

  • Change In Receivables: RM431 Mil
  • GF Value™: RM2.87 vs. price of RM2.74 (4.5% below fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the XKLS:3034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hap Seng Consolidated Bhd Business Description

Address Jalan P. Ramlee, 21st Floor, Menara Hap Seng, Kuala Lumpur, SGR, MYS, 50250
Hap Seng Consolidated Bhd is an investment holding company. Its segment comprises: Plantation engaged in the cultivation of oil palm and processing of fresh fruit bunches; Property consists of Property investment, property development, and hospitality; Credit financing consists provision of financial services; Automotive engaged in trading in motor vehicles, spare parts and servicing of motor vehicles; Trading consists of Trading and distribution of fertilizers and agro-chemical, trading of general building materials and petroleum products; and Building materials comprise operation of stone quarries and asphalt plants, manufacture of bricks and tiles, distribution and others. The majority of the revenue is generated in Malaysia with smaller operations in Other Asian countries.
60GF Score

Get the complete analysis for XKLS:3034

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

RM2.74
Price
RM2.87
GF Value