XOX Technology Bhd (XKLS:0017) Quick Ratio: 2.38 (As of Mar. 2026) — 13% Above Median


What is XOX Technology Bhd Quick Ratio?

XOX Technology Bhd XKLS:0017 -18.18% Quick Ratio is 2.38 as of Mar. 2026, which is 13% above its 10-year median of 2.10. The stock has 1 warning sign investors should review. Among 367 Telecommunication Services companies, XOX Technology Bhd ranks better than 86.38% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. XOX Technology Bhd's quick ratio for the quarter that ended in Mar. 2026 was 2.38.

XOX Technology Bhd has a quick ratio of 2.38. It generally indicates good short-term financial strength.

The historical rank and industry rank for XOX Technology Bhd's Quick Ratio or its related term are showing as below:

XKLS:0017' s Quick Ratio Range Over the Past 10 Years
Min: 1.48   Med: 2.1   Max: 6.29
Current: 2.38

During the past 13 years, XOX Technology Bhd's highest Quick Ratio was 6.29. The lowest was 1.48. And the median was 2.10.

XKLS:0017's Quick Ratio is ranked better than
86.38% of 367 companies
in the Telecommunication Services industry
Industry Median: 1.05 vs XKLS:0017: 2.38

XOX Technology Bhd  (XKLS:0017) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


XOX Technology Bhd Quick Ratio Related Terms


XOX Technology Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for XOX Technology Bhd's Quick Ratio 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.

XOX Technology Bhd Quick Ratio Chart

XOX Technology Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Dec19 Dec20 Mar21 Mar22 Mar23 Jun25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.95 2.08 1.93 1.75 2.18

XOX Technology Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio 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 2.05 2.18 2.27 2.30 2.38

XKLS:0017 vs TMUS, VZ, T: Quick Ratio Comparison

For the Telecom Services subindustry, XOX Technology Bhd's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


XOX Technology Bhd Quick Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, XOX Technology Bhd's Quick Ratio distribution charts can be found below:

* The bar in red indicates where XOX Technology Bhd's Quick Ratio falls into.



XOX Technology Bhd Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

XOX Technology Bhd's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Quick Ratio (A: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(90.64-0)/41.553
=2.18

XOX Technology Bhd's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(87.195-0)/36.602
=2.38

* 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 Quick Ratio →
What does a Quick Ratio of 2.38 mean?
XOX Technology Bhd (XKLS:0017) has a Quick Ratio of 2.38 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on XOX Technology Bhd and its competitors. This is 13% above median its historical median of 2.10. Over the past decade, XOX Technology Bhd's Quick Ratio has ranged from 1.48 to 6.29. According to the industry distribution chart, XOX Technology Bhd ranks #50 out of 367 companies in the Telecommunication Services industry, placing it in the top 13.6%.
Is XOX Technology Bhd's Quick Ratio too high?
XOX Technology Bhd's current Quick Ratio of 2.38 is 13% above median its 10-year median of 2.10. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 6.29. The Telecommunication Services industry median Quick Ratio is 1.05. XOX Technology Bhd's value of 2.38 is 126.7% above this industry median. Based on the distribution chart, XOX Technology Bhd ranks #50 out of 367 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers.
How does XOX Technology Bhd's Quick Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, XOX Technology Bhd ranks #50 out of 367 companies for Quick Ratio. This places XOX Technology Bhd in the top 14% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.05. XOX Technology Bhd's value of 2.38 is 126.7% above this benchmark. Historically, XOX Technology Bhd's own Quick Ratio has ranged from 1.48 to 6.29 over the past decade. While the company's 10-year median is 2.10 vs. the industry median of 1.05, XOX Technology Bhd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Telecommunication Services company?
The median Quick Ratio among Telecommunication Services companies is 1.05, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. XOX Technology Bhd's current Quick Ratio of 2.38 is 126.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on XOX Technology Bhd and its competitors. For the Telecommunication Services industry, the median Quick Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XOX Technology Bhd's current Quick Ratio is 2.38, which is 13% above median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XOX Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, XOX Technology Bhd (XKLS:0017) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.05 — trading 50% above its estimated fair value. The current Quick Ratio is 2.38, which is 13% above median its 10-year median of 2.10 and 126.7% above the Telecommunication Services industry median of 1.05. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For XOX Technology Bhd (XKLS:0017), the current Quick Ratio is 2.38 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.

XOX Technology Bhd Business Description

Address The Troika No. 19, Persiaran KLCC, 2-2, Second Floor, Tower B, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50450
XOX Technology Bhd provides mobile solutions and engages in the trading and distribution of fast-moving electronic goods and related products. The company delivers and settles mobile messaging and data services such as SMS, MMS, and WAP, supporting mobile interoperability and various value-added services. Through its subsidiaries, the Group also offers SaaS-based business solutions. Its principal activities further include research and development, the development of proprietary software, mobile solutions, related hardware and equipment, cloud service solutions, and customised software development to support diverse business needs. The company operates across Malaysia, Pakistan, and the United Arab Emirates, with the majority of its revenue generated in Malaysia.