SMIS Bhd (XKLS:7132) Change In Receivables: RM-2.3 Mil (TTM As of Mar. 2026)

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XKLS:7132 SMIS Corp Bhd XKLS:7132
47 GF Score
Price RM0.52
GF Value RM0.67
Valuation Modestly Undervalued
! 3 Warning Signs
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What is SMIS Bhd Change In Receivables?

SMIS Bhd XKLS:7132 +1.96% 47 Change In Receivables is RM-2.3 Mil as of Mar. 2026. GuruFocus rates XKLS:7132 with a GF Score™ of 47/100 and a GF Value™ of RM0.67 (Modestly Undervalued). The stock has 3 warning signs investors should review.

SMIS Bhd's change in receivables for the quarter that ended in Mar. 2026 was RM3.6 Mil. It means SMIS Bhd's Accounts Receivable declined by RM3.6 Mil from Dec. 2025 to Mar. 2026 .

SMIS Bhd's change in receivables for the fiscal year that ended in Dec. 2025 was RM-4.0 Mil. It means SMIS Bhd's Accounts Receivable increased by RM4.0 Mil from Dec. 2024 to Dec. 2025 .

SMIS Bhd's Accounts Receivable for the quarter that ended in Mar. 2026 was RM24.2 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. SMIS Bhd's Days Sales Outstanding for the three months ended in Mar. 2026 was 66.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SMIS Bhd's liquidation value for the three months ended in Mar. 2026 was RM43.5 Mil.

SMIS Bhd  (XKLS:7132) 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.

SMIS 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
=24.179/33.179*91
=66.50

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

SMIS 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)
=51.085-35.021+0.75 * 24.179+0.5 * 18.699
=43.5

* 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.

SMIS Bhd Change In Receivables Related Terms

SMIS Bhd Change In Receivables Historical Data

* Premium members only.

The historical data trend for SMIS 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.

SMIS Bhd Change In Receivables Chart

SMIS 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 -1.55 -1.13 5.30 0.91 -4.03

SMIS 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 1.84 -0.80 -0.53 -4.54 3.58
XKLS:7132
47GF Score
SMIS Corp Bhd XKLS:7132
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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SMIS 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-2.3 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-2.3 Mil mean?
SMIS Bhd (XKLS:7132) has a Change In Receivables of RM-2.3 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for SMIS Bhd and its competitors.
Is SMIS Bhd's Change In Receivables too high?
SMIS Bhd's current Change In Receivables is RM-2.3 Mil. Overall, SMIS Bhd has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SMIS Bhd's Change In Receivables compare to ORLY and AZO?
SMIS Bhd's Change In Receivables of RM-2.3 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Change In Receivables depends on the Vehicles & Parts 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 SMIS Bhd and its competitors. SMIS Bhd's current Change In Receivables is RM-2.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMIS Bhd stock overvalued right now?
Based on GuruFocus' analysis, SMIS Bhd (XKLS:7132) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.67, compared to a current price of RM0.52 — trading 22.4% below its estimated fair value. The current Change In Receivables is RM-2.3 Mil. SMIS Bhd's overall GF Score™ is 47/100 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 SMIS Bhd (XKLS:7132), the current Change In Receivables is RM-2.3 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 SMIS Bhd (XKLS:7132) Overvalued in 2026?

Based on GuruFocus' analysis, SMIS Bhd stock appears to be undervalued. The current stock price of RM0.52 is trading 22.4% below its estimated GF Value™ of RM0.67. GuruFocus considers SMIS Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7132:

  • Change In Receivables: RM-2.3 Mil
  • GF Value™: RM0.67 vs. price of RM0.52 (22.4% below fair value)
  • GF Score™: 47/100 with 3 warning signs

No single metric tells the full story. See the XKLS:7132 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SMIS Bhd Business Description

Address Seksyen U1, Hicom Glenmarie Industrial Park, Lot 3, Jalan Pemaju U1/15, Shah Alam, SGR, MYS, 40150
SMIS Corp Bhd is engaged in manufacturing and trading of carpet of all descriptions, automotive braking components and motorcycle components with a lesser portion of business generated from trading of industrial spares. Its products are supplied to Malaysia, Indonesia and Thailand. Business from the industrial spares and braking components are supplied out of Malaysia whilst automotive carpets are supplied from Malaysia and Indonesia. Its segments include Automotive parts, which derives the majority of the revenue, engaged in manufacturing and trading of carpet of all descriptions and manufacturing of automotive braking components and motorcycle components; Machinery parts engaged in trading of machinery and industrial parts supplies; and Others, engaged in investment holding and dormants.
47GF Score

Get the complete analysis for XKLS:7132

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

RM0.52
Price
RM0.67
GF Value