Vsolar Group Bhd (XKLS:0066) Receivables Turnover: 1.14 (As of Mar. 2026)

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What is Vsolar Group Bhd Receivables Turnover?

Vsolar Group Bhd XKLS:0066 Receivables Turnover is 1.14 as of Mar. 2026. The stock has 3 warning signs investors should review. Among 2,471 Hardware companies, Vsolar Group Bhd ranks worse than 90.45% 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. Vsolar Group Bhd's Revenue for the three months ended in Mar. 2026 was RM2.25 Mil. Vsolar Group Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM1.97 Mil. Hence, Vsolar Group Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 1.14.


Vsolar Group Bhd  (XKLS:0066) 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.


Vsolar Group Bhd Receivables Turnover Related Terms


Vsolar Group Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Vsolar Group 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.

Vsolar Group Bhd Receivables Turnover Chart

Vsolar Group Bhd Annual Data
Trend Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.04 2.81 1.25 1.46 2.63

Vsolar Group 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 0.54 0.31 0.81 0.09 1.14

XKLS:0066 vs SNX, ARW, AVT: Receivables Turnover Comparison

For the Electronics & Computer Distribution subindustry, Vsolar Group 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.


Vsolar Group Bhd Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Vsolar Group Bhd's Receivables Turnover distribution charts can be found below:

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



Vsolar Group Bhd Receivables Turnover Calculation

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

Vsolar Group Bhd's Receivables Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Receivables Turnover (A: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2025 ) / ((Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Jun. 2025 )) / count )
=13.964 / ((5.263 + 5.345) / 2 )
=13.964 / 5.304
=2.63

Vsolar Group 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 )
=2.252 / ((1.737 + 2.2) / 2 )
=2.252 / 1.9685
=1.14

* 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 1.14 mean?
Vsolar Group Bhd (XKLS:0066) has a Receivables Turnover of 1.14 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 Vsolar Group Bhd and its competitors. According to the industry distribution chart, Vsolar Group Bhd ranks #2235 out of 2471 companies in the Hardware industry, placing it in the top 90.4%.
Is Vsolar Group Bhd's Receivables Turnover too high?
Vsolar Group Bhd's current Receivables Turnover is 1.14. The Hardware industry median Receivables Turnover is 4.89. Vsolar Group Bhd's value of 1.14 is 76.7% below this industry median. Based on the distribution chart, Vsolar Group Bhd ranks #2235 out of 2471 companies in the Hardware industry, which is in the bottom quartile relative to peers.
How does Vsolar Group Bhd's Receivables Turnover compare to SNX and ARW?
According to the Hardware industry distribution chart, Vsolar Group Bhd ranks #2235 out of 2471 companies for Receivables Turnover. This places Vsolar Group Bhd in the lower half of its industry. The industry median Receivables Turnover is 4.89. Vsolar Group Bhd's value of 1.14 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.89, based on 2,471 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. Vsolar Group Bhd's current Receivables Turnover of 1.14 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 Vsolar Group Bhd and its competitors. For the Hardware industry, the median Receivables Turnover is 4.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vsolar Group Bhd's current Receivables Turnover is 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vsolar Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Vsolar Group Bhd (XKLS:0066) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.04, compared to a current price of RM0.05 — trading 12.5% above its estimated fair value. The current Receivables Turnover is 1.14 and 76.7% below the Hardware industry median of 4.89. 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 Vsolar Group Bhd (XKLS:0066), the current Receivables Turnover is 1.14 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.

Vsolar Group Bhd Business Description

Address No. 8, Persiaran Tropicana, Lot 13.3, 13th Floor, Menara Lien Hoe, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410
Vsolar Group Bhd is an investment holding company as well as renewable energy, media publishing, software solutions and production house based in Malaysia. The company's operating segment includes Engineering works; Trading; Solar Energy and Others. It generates maximum revenue from the Trading segment. The trading segment is engaged in the trading of computer hardware. The solar energy segment is engaged in the supply of solar energy. Other segments comprise investment holding, trading, and distribution of software, providing information technology services and dormant companies. Geographically, it operates only in Malaysia. Engineering works segment engaged in Business of engineering solutions provider in connection with renewal energy business and other related engineering works.