MMAG Holdings Bhd (XKLS:0034) Receivables Turnover: 1.30 (As of Mar. 2026)

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What is MMAG Holdings Bhd Receivables Turnover?

MMAG Holdings Bhd XKLS:0034 -16.67% Receivables Turnover is 1.30 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 2,782 Software companies, MMAG Holdings Bhd ranks better than 72.25% 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. MMAG Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM166.0 Mil. MMAG Holdings Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM128.0 Mil. Hence, MMAG Holdings Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 1.30.


MMAG Holdings Bhd  (XKLS:0034) 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.


MMAG Holdings Bhd Receivables Turnover Related Terms


MMAG Holdings Bhd Receivables Turnover Historical Data

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The historical data trend for MMAG 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.

MMAG Holdings Bhd Receivables Turnover Chart

MMAG Holdings Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Sep25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.04 8.24 13.68 11.70 12.62

MMAG Holdings Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 4.51 2.48 1.80 1.79 1.30

XKLS:0034 vs UBER, SHOP, CRM: Receivables Turnover Comparison

For the Software - Application subindustry, MMAG 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.


MMAG Holdings Bhd Receivables Turnover vs Software Industry

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

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



MMAG Holdings Bhd Receivables Turnover Calculation

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

MMAG Holdings 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: Mar. 2023 ) + Accounts Receivable (A: Sep. 2025 )) / count )
=939.82 / ((42.369 + 106.55) / 2 )
=939.82 / 74.4595
=12.62

MMAG Holdings 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 )
=166.008 / ((127.981 + 0) / 1 )
=166.008 / 127.981
=1.30

* 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 1.30 mean?
MMAG Holdings Bhd (XKLS:0034) has a Receivables Turnover of 1.30 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 MMAG Holdings Bhd and its competitors. According to the industry distribution chart, MMAG Holdings Bhd ranks #772 out of 2782 companies in the Software industry, placing it in the top 27.7%.
Is MMAG Holdings Bhd's Receivables Turnover too high?
MMAG Holdings Bhd's current Receivables Turnover is 1.30. The Software industry median Receivables Turnover is 5.73. MMAG Holdings Bhd's value of 1.30 is 77.3% below this industry median. Based on the distribution chart, MMAG Holdings Bhd ranks #772 out of 2782 companies in the Software industry, which is above the industry midpoint.
How does MMAG Holdings Bhd's Receivables Turnover compare to UBER and SHOP?
According to the Software industry distribution chart, MMAG Holdings Bhd ranks #772 out of 2782 companies for Receivables Turnover. This puts MMAG Holdings Bhd in the upper half of its industry. The industry median Receivables Turnover is 5.73. MMAG Holdings Bhd's value of 1.30 is 77.3% 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 5.73, 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. MMAG Holdings Bhd's current Receivables Turnover of 1.30 is 77.3% 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 MMAG Holdings Bhd and its competitors. For the Software industry, the median Receivables Turnover is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MMAG Holdings Bhd's current Receivables Turnover is 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MMAG Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MMAG Holdings Bhd (XKLS:0034) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.06, compared to a current price of RM0.03 — trading 58.3% below its estimated fair value. The current Receivables Turnover is 1.30 and 77.3% below the Software industry median of 5.73. 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 MMAG Holdings Bhd (XKLS:0034), the current Receivables Turnover is 1.30 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.

MMAG Holdings Bhd Business Description

Address No. 3, Jalan TP2, Taman Perindustrian UEP, Subang Jaya, SGR, MYS, 47600
MMAG Holdings Bhd is a Malaysia-based company engaged in investment holding. The company's operating segment includes Mobile and fulfillment; Courier and Logistic Services, Air freight and Others. It generates maximum revenue from the Mobile and fulfilments segment. The mobile and fulfilments segment includes distribution of smart devices, mobile operator's strategic 3PL and 4PL partners, fulfillment system and fulfilments marketplace providers and mobile retail stores. The Logistic services segment provides courier and delivery services. Air freight segment includes Provision of air cargo services. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Singapore.