Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Change In Receivables: RM139 Mil (TTM As of Mar. 2026)

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XKLS:5186 Malaysia Marine and Heavy Engineering Holdings Bhd XKLS:5186
51 GF Score
Price RM0.35
GF Value RM0.31
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Malaysia Marine and Heavy Engineering Holdings Bhd Change In Receivables?

Malaysia Marine and Heavy Engineering Holdings Bhd XKLS:5186 51 Change In Receivables is RM139 Mil as of Mar. 2026. GuruFocus rates XKLS:5186 with a GF Score™ of 51/100 and a GF Value™ of RM0.31 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Malaysia Marine and Heavy Engineering Holdings Bhd's change in receivables for the quarter that ended in Mar. 2026 was RM-76 Mil. It means Malaysia Marine and Heavy Engineering Holdings Bhd's Accounts Receivable increased by RM76 Mil from Dec. 2025 to Mar. 2026 .

Malaysia Marine and Heavy Engineering Holdings Bhd's change in receivables for the fiscal year that ended in Dec. 2025 was RM474 Mil. It means Malaysia Marine and Heavy Engineering Holdings Bhd's Accounts Receivable declined by RM474 Mil from Dec. 2024 to Dec. 2025 .

Malaysia Marine and Heavy Engineering Holdings Bhd's Accounts Receivable for the quarter that ended in Mar. 2026 was RM221 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. Malaysia Marine and Heavy Engineering Holdings Bhd's Days Sales Outstanding for the three months ended in Mar. 2026 was 38.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Malaysia Marine and Heavy Engineering Holdings Bhd's liquidation value for the three months ended in Mar. 2026 was RM-1,082 Mil.


Malaysia Marine and Heavy Engineering Holdings Bhd  (XKLS:5186) 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.

Malaysia Marine and Heavy Engineering Holdings 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
=221.499/521.932*91
=38.72

2. In Ben Graham's calculation of liquidation value, Malaysia Marine and Heavy Engineering Holdings Bhd's accounts receivable are only considered to be worth 75% of book value:

Malaysia Marine and Heavy Engineering Holdings 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)
=599.418-1849.337+0.75 * 221.499+0.5 * 4.557
=-1,082

* 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.


Malaysia Marine and Heavy Engineering Holdings Bhd Change In Receivables Related Terms


Malaysia Marine and Heavy Engineering Holdings Bhd Change In Receivables Historical Data

* Premium members only.

The historical data trend for Malaysia Marine and Heavy Engineering Holdings 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.

Malaysia Marine and Heavy Engineering Holdings Bhd Change In Receivables Chart

Malaysia Marine and Heavy Engineering Holdings 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 -258.40 105.55 -543.90 33.09 473.91

Malaysia Marine and Heavy Engineering Holdings 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 258.81 -131.29 186.47 159.91 -76.18
XKLS:5186
51GF Score
Malaysia Marine and Heavy Engineering Holdings Bhd XKLS:5186
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Malaysia Marine and Heavy Engineering Holdings 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 RM139 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 RM139 Mil mean?
Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) has a Change In Receivables of RM139 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Malaysia Marine and Heavy Engineering Holdings Bhd and its competitors.
Is Malaysia Marine and Heavy Engineering Holdings Bhd's Change In Receivables too high?
Malaysia Marine and Heavy Engineering Holdings Bhd's current Change In Receivables is RM139 Mil. Overall, Malaysia Marine and Heavy Engineering Holdings Bhd has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Malaysia Marine and Heavy Engineering Holdings Bhd's Change In Receivables compare to SLB and BKR?
Malaysia Marine and Heavy Engineering Holdings Bhd's Change In Receivables of RM139 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Change In Receivables depends on the Oil & Gas 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 Malaysia Marine and Heavy Engineering Holdings Bhd and its competitors. Malaysia Marine and Heavy Engineering Holdings Bhd's current Change In Receivables is RM139 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malaysia Marine and Heavy Engineering Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.31, compared to a current price of RM0.35 — trading 11.3% above its estimated fair value. The current Change In Receivables is RM139 Mil. Malaysia Marine and Heavy Engineering Holdings Bhd's overall GF Score™ is 51/100 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 Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186), the current Change In Receivables is RM139 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 Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Overvalued in 2026?

Based on GuruFocus' analysis, Malaysia Marine and Heavy Engineering Holdings Bhd stock appears to be overvalued. The current stock price of RM0.35 is trading 11.3% above its estimated GF Value™ of RM0.31. GuruFocus considers Malaysia Marine and Heavy Engineering Holdings Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5186:

  • Change In Receivables: RM139 Mil
  • GF Value™: RM0.31 vs. price of RM0.35 (11.3% above fair value)
  • GF Score™: 51/100 with 3 warning signs

No single metric tells the full story. See the XKLS:5186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malaysia Marine and Heavy Engineering Holdings Bhd Business Description

Industry EnergyOil & Gas
Address Jalan Sultan Hishamuddin, Level 31, Menara Dayabumi, Kuala Lumpur, MYS, 50050
Malaysia Marine and Heavy Engineering Holdings Bhd delivers integrated solutions across offshore and onshore facilities as well as marine vessels. The company provides a comprehensive suite of marine repair, conversion and refurbishment services, with a specialized focus on LNG carrier repairs. It is also actively engaged in new and renewable energy and decarbonisation-related works, including the fabrication and construction of carbon capture facilities, offshore wind farm substations, and green hydrogen infrastructure. The company's segments include the Heavy Engineering segment, which provides services for oil and gas engineering and construction works, and the Marine segment, which provides marine conversion works and repair services.
51GF Score

Get the complete analysis for XKLS:5186

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

RM0.35
Price
RM0.31
GF Value