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.
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.
Scope Industries BhdXKLS:0028 Receivables Turnover is 3.74 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 2,472 Hardware companies, Scope Industries Bhd ranks worse than 60.11% 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. Scope Industries Bhd's Revenue for the
three
months ended in Mar. 2026 was RM2.96 Mil. Scope Industries Bhd's average Accounts Receivable for the
three
months ended in Mar. 2026 was RM0.79 Mil.
Hence, Scope Industries Bhd's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.74.
Scope Industries Bhd (XKLS:0028) 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.
Scope Industries Bhd Receivables Turnover Related Terms
Scope Industries Bhd Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Scope Industries 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.
XKLS:0028 vs APH, GLW: Receivables Turnover Comparison
For the Electronic Components subindustry, Scope Industries 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.
Scope Industries Bhd Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Scope Industries Bhd's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Scope Industries Bhd's Receivables Turnover falls into.
* 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.
Scope Industries Bhd (XKLS:0028) has a Receivables Turnover of 3.74 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 Scope Industries Bhd and its competitors. According to the industry distribution chart, Scope Industries Bhd ranks #1486 out of 2472 companies in the Hardware industry, placing it in the top 60.1%.
Is Scope Industries Bhd's Receivables Turnover too high?
Scope Industries Bhd's current Receivables Turnover is 3.74. The Hardware industry median Receivables Turnover is 4.90. Scope Industries Bhd's value of 3.74 is 23.6% below this industry median. Based on the distribution chart, Scope Industries Bhd ranks #1486 out of 2472 companies in the Hardware industry, which is below the industry midpoint.
How does Scope Industries Bhd's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Scope Industries Bhd ranks #1486 out of 2472 companies for Receivables Turnover. This places Scope Industries Bhd in the lower half of its industry. The industry median Receivables Turnover is 4.90. Scope Industries Bhd's value of 3.74 is 23.6% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.90, based on 2,472 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. Scope Industries Bhd's current Receivables Turnover of 3.74 is 23.6% 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 Scope Industries Bhd and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scope Industries Bhd's current Receivables Turnover is 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scope Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Scope Industries Bhd (XKLS:0028) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.02, compared to a current price of RM0.08 — trading 300% above its estimated fair value. The current Receivables Turnover is 3.74 and 23.6% below the Hardware industry median of 4.90. 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 Scope Industries Bhd (XKLS:0028), the current Receivables Turnover is 3.74 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.
Scope Industries Bhd operates as an investment holding company. The company is engaged in the manufacturing and assembling of electrical and electronic components and products as well as in the cultivation of oil palms. It operates through the following business segments: Manufacturing Division; Plantation Division and Trading Division. Its Manufacturing Division segment accounts for maximum of the firm's revenue. Geographically, it operates in Malaysia, Hong Kong, Europe, Singapore and Taiwan and derives majority of revenue from Hong Kong.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:0028 has been successfully added to your 
