Digistar Bhd (XKLS:0029) Receivables Turnover: 0.67 (As of Mar. 2026)

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What is Digistar Bhd Receivables Turnover?

Digistar Bhd XKLS:0029 -12.50% Receivables Turnover is 0.67 as of Mar. 2026. The stock has 3 warning signs investors should review. Among 542 Conglomerates companies, Digistar Bhd ranks worse than 77.86% 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. Digistar Bhd's Revenue for the three months ended in Mar. 2026 was RM9.04 Mil. Digistar Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM13.57 Mil. Hence, Digistar Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 0.67.


Digistar Bhd  (XKLS:0029) 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.


Digistar Bhd Receivables Turnover Related Terms


Digistar Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Digistar 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.

Digistar Bhd Receivables Turnover Chart

Digistar Bhd Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 2.59 2.35 2.15 1.95

Digistar Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.70 1.31 1.47 0.56 0.67

XKLS:0029 vs HON, MMM: Receivables Turnover Comparison

For the Conglomerates subindustry, Digistar 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.


Digistar Bhd Receivables Turnover vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Digistar Bhd's Receivables Turnover distribution charts can be found below:

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



Digistar Bhd Receivables Turnover Calculation

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

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

Receivables Turnover (A: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2025 ) / ((Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Sep. 2025 )) / count )
=39.834 / ((21.797 + 19.099) / 2 )
=39.834 / 20.448
=1.95

Digistar 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 )
=9.038 / ((16.01 + 11.135) / 2 )
=9.038 / 13.5725
=0.67

* 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 0.67 mean?
Digistar Bhd (XKLS:0029) has a Receivables Turnover of 0.67 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 Digistar Bhd and its competitors. According to the industry distribution chart, Digistar Bhd ranks #422 out of 542 companies in the Conglomerates industry, placing it in the top 77.9%.
Is Digistar Bhd's Receivables Turnover too high?
Digistar Bhd's current Receivables Turnover is 0.67. The Conglomerates industry median Receivables Turnover is 6.31. Digistar Bhd's value of 0.67 is 89.4% below this industry median. Based on the distribution chart, Digistar Bhd ranks #422 out of 542 companies in the Conglomerates industry, which is in the bottom quartile relative to peers.
How does Digistar Bhd's Receivables Turnover compare to HON and MMM?
According to the Conglomerates industry distribution chart, Digistar Bhd ranks #422 out of 542 companies for Receivables Turnover. This places Digistar Bhd in the lower half of its industry. The industry median Receivables Turnover is 6.31. Digistar Bhd's value of 0.67 is 89.4% 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 Conglomerates company?
The median Receivables Turnover among Conglomerates companies is 6.31, based on 542 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. Digistar Bhd's current Receivables Turnover of 0.67 is 89.4% 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 Digistar Bhd and its competitors. For the Conglomerates industry, the median Receivables Turnover is 6.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digistar Bhd's current Receivables Turnover is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digistar Bhd stock overvalued right now?
Based on GuruFocus' analysis, Digistar Bhd (XKLS:0029) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.05, compared to a current price of RM0.04 — trading 30% below its estimated fair value. The current Receivables Turnover is 0.67 and 89.4% below the Conglomerates industry median of 6.31. 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 Digistar Bhd (XKLS:0029), the current Receivables Turnover is 0.67 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.

Digistar Bhd Business Description

Address Jalan Ampang Utama 1/2, B6/4/4, 3rd Floor, One Ampang Business Avenue, Ampang, SGR, MYS, 68000
Digistar Corp Bhd is an investment holding company. It operates through the following segments: System integration segment, Investment holding segment, Rental and hotel segment, Concession segment, and Property development segment. The company generates the majority of its revenue from the Concession segment. The Concession segment includes concession arrangements between the Group and the Grantor for the privatization of the design, development, construction, and completion of the Facilities and Infrastructure for JKR Training Institute and to carry out the Asset Management Services. It operates in a single geographical segment, which is Malaysia.