Parlo Bhd (XKLS:0022) Receivables Turnover: 3.29 (As of Mar. 2026)

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What is Parlo Bhd Receivables Turnover?

Parlo Bhd XKLS:0022 +20.00% Receivables Turnover is 3.29 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 833 Travel & Leisure companies, Parlo Bhd ranks worse than 67.95% 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. Parlo Bhd's Revenue for the three months ended in Mar. 2026 was RM9.38 Mil. Parlo Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM2.86 Mil. Hence, Parlo Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 3.29.


Parlo Bhd  (XKLS:0022) 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.


Parlo Bhd Receivables Turnover Related Terms


Parlo Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Parlo 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.

Parlo Bhd Receivables Turnover Chart

Parlo Bhd Annual Data
Trend Aug13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.46 3.47 1.69 5.01 12.46

Parlo Bhd Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.54 1.59 1.27 3.22 3.29

XKLS:0022 vs BKNG, ABNB, RCL: Receivables Turnover Comparison

For the Travel Services subindustry, Parlo 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.


Parlo Bhd Receivables Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Parlo Bhd's Receivables Turnover distribution charts can be found below:

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



Parlo Bhd Receivables Turnover Calculation

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

Parlo Bhd's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=65.169 / ((7.702 + 2.761) / 2 )
=65.169 / 5.2315
=12.46

Parlo Bhd's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=9.384 / ((2.761 + 2.949) / 2 )
=9.384 / 2.855
=3.29

* 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 3.29 mean?
Parlo Bhd (XKLS:0022) has a Receivables Turnover of 3.29 as of Mar. 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 Parlo Bhd and its competitors. According to the industry distribution chart, Parlo Bhd ranks #566 out of 833 companies in the Travel & Leisure industry, placing it in the top 67.9%.
Is Parlo Bhd's Receivables Turnover too high?
Parlo Bhd's current Receivables Turnover is 3.29. The Travel & Leisure industry median Receivables Turnover is 14.09. Parlo Bhd's value of 3.29 is 76.7% below this industry median. Based on the distribution chart, Parlo Bhd ranks #566 out of 833 companies in the Travel & Leisure industry, which is below the industry midpoint.
How does Parlo Bhd's Receivables Turnover compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Parlo Bhd ranks #566 out of 833 companies for Receivables Turnover. This places Parlo Bhd in the lower half of its industry. The industry median Receivables Turnover is 14.09. Parlo Bhd's value of 3.29 is 76.7% 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.09, based on 833 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. Parlo Bhd's current Receivables Turnover of 3.29 is 76.7% 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 Parlo Bhd and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parlo Bhd's current Receivables Turnover is 3.29. 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 Receivables Turnover is 3.29 and 76.7% below the Travel & Leisure industry median of 14.09. 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 Parlo Bhd (XKLS:0022), the current Receivables Turnover is 3.29 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 Business Description

Address No. 72, Jalan Kampong Attap, Wisma Parlo, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50460
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.