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Parlo BhdXKLS:0022 +20.00% Quick Ratio is 3.90 as of Mar. 2026, which is 70% above its 10-year median of 2.29. The stock has 2 warning signs investors should review. Among 856 Travel & Leisure companies, Parlo Bhd ranks better than 90.07% 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. Parlo Bhd's quick ratio for the quarter that ended in Mar. 2026 was 3.90.
Parlo Bhd has a quick ratio of 3.90. It generally indicates good short-term financial strength.
The historical rank and industry rank for Parlo Bhd's Quick Ratio or its related term are showing as below:
XKLS:0022'
s Quick Ratio Range Over the Past 10 Years
Min: 1.22 Med: 2.29 Max: 8.73
Current: 3.9
During the past 13 years, Parlo Bhd's highest Quick Ratio was 8.73. The lowest was 1.22. And the median was 2.29.
XKLS:0022's Quick Ratio is ranked better than 90.07% of 856
companies
in the Travel & Leisure industry
Industry Median: 1.14
vs XKLS:0022: 3.90
Parlo Bhd (XKLS:0022) 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.
Parlo Bhd Quick Ratio Related Terms
Parlo Bhd Quick Ratio Historical Data
* Premium members only.
The historical data trend for Parlo 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.
XKLS:0022 vs BKNG, ABNB, RCL: Quick Ratio Comparison
For the Travel Services subindustry, Parlo 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.
Parlo Bhd Quick Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Parlo Bhd's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Parlo Bhd's Quick Ratio falls into.
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.
Parlo Bhd's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Parlo Bhd (XKLS:0022) has a Quick Ratio of 3.90 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Parlo Bhd and its competitors. This is 70% above median its historical median of 2.29. Over the past decade, Parlo Bhd's Quick Ratio has ranged from 1.22 to 8.73. According to the industry distribution chart, Parlo Bhd ranks #85 out of 856 companies in the Travel & Leisure industry, placing it in the top 9.9%.
Is Parlo Bhd's Quick Ratio too high?
Parlo Bhd's current Quick Ratio of 3.90 is 70% above median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 8.73. The Travel & Leisure industry median Quick Ratio is 1.14. Parlo Bhd's value of 3.90 is 242.1% above this industry median. Based on the distribution chart, Parlo Bhd ranks #85 out of 856 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers.
How does Parlo Bhd's Quick Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Parlo Bhd ranks #85 out of 856 companies for Quick Ratio. This places Parlo Bhd in the top 10% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.14. Parlo Bhd's value of 3.90 is 242.1% above this benchmark. Historically, Parlo Bhd's own Quick Ratio has ranged from 1.22 to 8.73 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 1.14, Parlo 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 Travel & Leisure company?
The median Quick Ratio among Travel & Leisure companies is 1.14, based on 856 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. Parlo Bhd's current Quick Ratio of 3.90 is 242.1% 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 Parlo Bhd and its competitors. For the Travel & Leisure industry, the median Quick Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parlo Bhd's current Quick Ratio is 3.90, which is 70% above median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parlo Bhd stock overvalued right now?
Based on GuruFocus' analysis, Parlo Bhd (XKLS:0022) is currently considered Fairly Valued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.03 — trading right at its estimated fair value. The current Quick Ratio is 3.90, which is 70% above median its 10-year median of 2.29 and 242.1% above the Travel & Leisure industry median of 1.14. 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 Parlo Bhd (XKLS:0022), the current Quick Ratio is 3.90 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.
Parlo Bhd operates in the tourism industry in Malaysia. The company has three main reportable operating segments: Travel and Tours, Trading, and Investment Holding. The Travel and Tours segment provides travel services and ticketing agent services for airline companies, including leisure and corporate travel, meetings, incentives, conferences, exhibitions, and ancillary travel services. The Trading segment is involved in the distribution and trading of medical device consumables, household care products, gas, and cylinders. The Investment Holding segment is engaged in investment holding activities. It generates the majority of its revenue from the Travel and Tours segment.
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