Harvest Miracle Capital Bhd (XKLS:0060) Receivables Turnover: 0.83 (As of Mar. 2026)

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XKLS:0060 Harvest Miracle Capital Bhd XKLS:0060
38 GF Score
Price RM0.14
GF Value RM0.15
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Harvest Miracle Capital Bhd Receivables Turnover?

Harvest Miracle Capital Bhd XKLS:0060 -3.57% 38 Receivables Turnover is 0.83 as of Mar. 2026. GuruFocus rates XKLS:0060 with a GF Score™ of 38/100 and a GF Value™ of RM0.15 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,782 Software companies, Harvest Miracle Capital Bhd ranks worse than 57.73% 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. Harvest Miracle Capital Bhd's Revenue for the three months ended in Mar. 2026 was RM56.6 Mil. Harvest Miracle Capital Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM68.0 Mil. Hence, Harvest Miracle Capital Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 0.83.


Harvest Miracle Capital Bhd  (XKLS:0060) 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.


Harvest Miracle Capital Bhd Receivables Turnover Related Terms


Harvest Miracle Capital Bhd Receivables Turnover Historical Data

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The historical data trend for Harvest Miracle Capital 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.

Harvest Miracle Capital Bhd Receivables Turnover Chart

Harvest Miracle Capital Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 3.73 4.91 5.37 6.59

Harvest Miracle Capital 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 1.87 1.96 1.46 1.14 0.83

XKLS:0060 vs IBM, ACN, FISV: Receivables Turnover Comparison

For the Information Technology Services subindustry, Harvest Miracle Capital 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.


Harvest Miracle Capital Bhd Receivables Turnover vs Software Industry

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

* The bar in red indicates where Harvest Miracle Capital Bhd's Receivables Turnover falls into.


XKLS:0060
38GF Score
Harvest Miracle Capital Bhd XKLS:0060
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Harvest Miracle Capital Bhd Receivables Turnover Calculation

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

Harvest Miracle Capital Bhd's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=272.819 / ((24.261 + 58.478) / 2 )
=272.819 / 41.3695
=6.59

Harvest Miracle Capital 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 )
=56.626 / ((77.448 + 58.478) / 2 )
=56.626 / 67.963
=0.83

* 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 0.83 mean?
Harvest Miracle Capital Bhd (XKLS:0060) has a Receivables Turnover of 0.83 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 Harvest Miracle Capital Bhd and its competitors. According to the industry distribution chart, Harvest Miracle Capital Bhd ranks #1606 out of 2782 companies in the Software industry, placing it in the top 57.7%.
Is Harvest Miracle Capital Bhd's Receivables Turnover too high?
Harvest Miracle Capital Bhd's current Receivables Turnover is 0.83. The Software industry median Receivables Turnover is 5.74. Harvest Miracle Capital Bhd's value of 0.83 is 85.5% below this industry median. Based on the distribution chart, Harvest Miracle Capital Bhd ranks #1606 out of 2782 companies in the Software industry, which is below the industry midpoint. Overall, Harvest Miracle Capital Bhd has a GF Score™ of 38/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harvest Miracle Capital Bhd's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, Harvest Miracle Capital Bhd ranks #1606 out of 2782 companies for Receivables Turnover. This places Harvest Miracle Capital Bhd in the lower half of its industry. The industry median Receivables Turnover is 5.74. Harvest Miracle Capital Bhd's value of 0.83 is 85.5% 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. Harvest Miracle Capital Bhd's current Receivables Turnover of 0.83 is 85.5% 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 Harvest Miracle Capital 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. Harvest Miracle Capital Bhd's current Receivables Turnover is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harvest Miracle Capital Bhd stock overvalued right now?
Based on GuruFocus' analysis, Harvest Miracle Capital Bhd (XKLS:0060) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.15, compared to a current price of RM0.14 — trading 10% below its estimated fair value. The current Receivables Turnover is 0.83 and 85.5% below the Software industry median of 5.74. Harvest Miracle Capital Bhd's overall GF Score™ is 38/100 with 5 warning signs to review. 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 Harvest Miracle Capital Bhd (XKLS:0060), the current Receivables Turnover is 0.83 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.

Is Harvest Miracle Capital Bhd (XKLS:0060) Overvalued in 2026?

Based on GuruFocus' analysis, Harvest Miracle Capital Bhd stock appears to be undervalued. The current stock price of RM0.14 is trading 10% below its estimated GF Value™ of RM0.15. GuruFocus considers Harvest Miracle Capital Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0060:

  • Receivables Turnover: 0.83
  • GF Value™: RM0.15 vs. price of RM0.14 (10% below fair value)
  • GF Score™: 38/100 with 5 warning signs
  • Industry Position: 85.5% below the Software median (#1606 of 2782)

No single metric tells the full story. See the XKLS:0060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harvest Miracle Capital Bhd Business Description

Address No 685, Jalan Damansara, TTDI, 9-3A, Oval Tower, Damansara, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 60000
Harvest Miracle Capital Bhd is an investment holding company. It operates in eight segments that are IT and ICT, Property Construction, Investment Properties, Property development, Plantation, Money lending business, Trading of Building Material , Manufacturing, and Investment holding. It generates the vast majority of its revenue from the IT and ICT segment that is engaged in trading in IT and ICT-related products software development and support services and others. Its product categories include the Vacuum vald ve and Rupture Disk. Geographically, it operates in Malaysia, Japan, United Kingdom, Singapore, Australia, Philippines and Taiwan.
38GF Score

Get the complete analysis for XKLS:0060

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.14
Price
RM0.15
GF Value