SKP Resources Bhd (XKLS:7155) Other Current Assets: RM7 Mil (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:7155 SKP Resources Bhd XKLS:7155
49 GF Score
Price RM0.29
GF Value RM0.75
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is SKP Resources Bhd Other Current Assets?

SKP Resources Bhd XKLS:7155 +3.57% 49 Other Current Assets is RM7 Mil as of Mar. 2026. GuruFocus rates XKLS:7155 with a GF Score™ of 49/100 and a GF Value™ of RM0.75 (Significantly Undervalued). The stock has 5 warning signs investors should review.

SKP Resources Bhd's other current assets for the quarter that ended in Mar. 2026 was RM7 Mil.

SKP Resources Bhd's quarterly other current assets increased from Sep. 2025 (RM13 Mil) to Dec. 2025 (RM13 Mil) but then declined from Dec. 2025 (RM13 Mil) to Mar. 2026 (RM7Mil).

SKP Resources Bhd's annual other current assets declined from Mar. 2024 (RM20 Mil) to Mar. 2025 (RM18 Mil) declined from Mar. 2025 (RM18 Mil) to Mar. 2026 (RM7 Mil).


SKP Resources Bhd Other Current Assets Related Terms


SKP Resources Bhd Other Current Assets Historical Data

* Premium members only.

The historical data trend for SKP Resources Bhd's Other Current Assets 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.

SKP Resources Bhd Other Current Assets Chart

SKP Resources Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.74 19.43 20.41 17.89 6.61

SKP Resources Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Current Assets 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 17.89 8.81 12.95 13.26 6.61
XKLS:7155
49GF Score
SKP Resources Bhd XKLS:7155
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SKP Resources Bhd Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of RM7 Mil mean?
SKP Resources Bhd (XKLS:7155) has a Other Current Assets of RM7 Mil as of Mar. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on SKP Resources Bhd.
Is SKP Resources Bhd's Other Current Assets too high?
SKP Resources Bhd's current Other Current Assets is RM7 Mil. Overall, SKP Resources Bhd has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SKP Resources Bhd's Other Current Assets compare to LIN and SHW?
SKP Resources Bhd's Other Current Assets of RM7 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for a Chemicals company?
A good Other Current Assets depends on the Chemicals industry context. However, Other Current Assets 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 Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on SKP Resources Bhd. SKP Resources Bhd's current Other Current Assets is RM7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SKP Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, SKP Resources Bhd (XKLS:7155) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.75, compared to a current price of RM0.29 — trading 61.3% below its estimated fair value. The current Other Current Assets is RM7 Mil. SKP Resources Bhd's overall GF Score™ is 49/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For SKP Resources Bhd (XKLS:7155), the current Other Current Assets is RM7 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 SKP Resources Bhd (XKLS:7155) Overvalued in 2026?

Based on GuruFocus' analysis, SKP Resources Bhd stock appears to be undervalued. The current stock price of RM0.29 is trading 61.3% below its estimated GF Value™ of RM0.75. GuruFocus considers SKP Resources Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:7155:

  • Other Current Assets: RM7 Mil
  • GF Value™: RM0.75 vs. price of RM0.29 (61.3% below fair value)
  • GF Score™: 49/100 with 5 warning signs

No single metric tells the full story. See the XKLS:7155 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SKP Resources Bhd Business Description

Address Jalan Kluang, No.421, 4th Miles, Batu Pahat, JHR, MYS, 83000
SKP Resources Bhd is an investment holding and provision of a management service company. It is engaged in the manufacturing of plastic products. The company's operating segment includes Sales of goods and Others. It generates the majority of revenue from the Sales of goods segment. Geographically, it operates only in Malaysia. Its services include Design and Engineering; Tool and Die Fabrication; Injection Moulding and Cosmetic Finishing; Contract Manufacturing and Component Assembly; Manufacturing Services and Logistics and Fulfillment.
49GF Score

Get the complete analysis for XKLS:7155

Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.29
Price
RM0.75
GF Value