NetX Holdings Bhd (XKLS:0020) Receivables Turnover: 3.57 (As of Feb. 2026)

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What is NetX Holdings Bhd Receivables Turnover?

NetX Holdings Bhd XKLS:0020 Receivables Turnover is 3.57 as of Feb. 2026. The stock has 7 warning signs investors should review. Among 2,782 Software companies, NetX Holdings Bhd ranks worse than 82.46% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. NetX Holdings Bhd's Revenue for the three months ended in Feb. 2026 was RM3.26 Mil. NetX Holdings Bhd's average Accounts Receivable for the three months ended in Feb. 2026 was RM0.91 Mil. Hence, NetX Holdings Bhd's Receivables Turnover for the three months ended in Feb. 2026 was 3.57.


NetX Holdings Bhd  (XKLS:0020) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


NetX Holdings Bhd Receivables Turnover Related Terms


NetX Holdings Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for NetX Holdings Bhd's Receivables Turnover 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.

NetX Holdings Bhd Receivables Turnover Chart

NetX Holdings Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.66 1.84 1.47 1.65 9.68

NetX Holdings Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Receivables Turnover 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 0.21 0.34 3.26 5.94 3.57

XKLS:0020 vs IBM, ACN, FISV: Receivables Turnover Comparison

For the Information Technology Services subindustry, NetX Holdings Bhd's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.


NetX Holdings Bhd Receivables Turnover vs Software Industry

For the Software industry and Technology sector, NetX Holdings Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where NetX Holdings Bhd's Receivables Turnover falls into.



NetX Holdings Bhd Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

NetX Holdings Bhd's Receivables Turnover for the fiscal year that ended in Nov. 2025 is calculated as

Receivables Turnover (A: Nov. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Nov. 2025 ) / ((Accounts Receivable (A: Nov. 2024 ) + Accounts Receivable (A: Nov. 2025 )) / count )
=8.9 / ((1.612 + 0.226) / 2 )
=8.9 / 0.919
=9.68

NetX Holdings Bhd's Receivables Turnover for the quarter that ended in Feb. 2026 is calculated as

Receivables Turnover (Q: Feb. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Feb. 2026 ) / ((Accounts Receivable (Q: Nov. 2025 ) + Accounts Receivable (Q: Feb. 2026 )) / count )
=3.26 / ((0.226 + 1.601) / 2 )
=3.26 / 0.9135
=3.57

* 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 Receivables Turnover →
What does a Receivables Turnover of 3.57 mean?
NetX Holdings Bhd (XKLS:0020) has a Receivables Turnover of 3.57 as of Feb. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on NetX Holdings Bhd and its competitors. According to the industry distribution chart, NetX Holdings Bhd ranks #2294 out of 2782 companies in the Software industry, placing it in the top 82.5%.
Is NetX Holdings Bhd's Receivables Turnover too high?
NetX Holdings Bhd's current Receivables Turnover is 3.57. The Software industry median Receivables Turnover is 5.74. NetX Holdings Bhd's value of 3.57 is 37.8% below this industry median. Based on the distribution chart, NetX Holdings Bhd ranks #2294 out of 2782 companies in the Software industry, which is in the bottom quartile relative to peers.
How does NetX Holdings Bhd's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, NetX Holdings Bhd ranks #2294 out of 2782 companies for Receivables Turnover. This places NetX Holdings Bhd in the lower half of its industry. The industry median Receivables Turnover is 5.74. NetX Holdings Bhd's value of 3.57 is 37.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Software company?
The median Receivables Turnover among Software companies is 5.74, based on 2,782 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NetX Holdings Bhd's current Receivables Turnover of 3.57 is 37.8% below 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on NetX Holdings Bhd and its competitors. For the Software industry, the median Receivables Turnover is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetX Holdings Bhd's current Receivables Turnover is 3.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetX Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, NetX Holdings Bhd (XKLS:0020) is currently considered Fairly Valued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.05 — trading right at its estimated fair value. The current Receivables Turnover is 3.57 and 37.8% below the Software industry median of 5.74. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For NetX Holdings Bhd (XKLS:0020), the current Receivables Turnover is 3.57 as of Feb. 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.

NetX Holdings Bhd Business Description

Address Sunsuria Avenue, 1-G, Street Wing, Persiaran Mahogani, Kota Damansara, PJU 5, Petaling Jaya, SGR, MYS, 47810
NetX Holdings Bhd is an investment holding company. The Group operates in five different business segments according to the nature of activities of its subsidiaries, namely Nonpayment & IT Network services, Electronic Payment services, GEM, Money Lending, and Property Investment. The majority of its revenue is from Electronic Payment services: Involved in the provision of payment terminal and payment solutions, money exchange services, and its related software licensing and services. Geographically, operates in Malaysia and Hong Kong.