GDEX Bhd (XKLS:0078) Receivables Turnover: 1.48 (As of Mar. 2026)

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XKLS:0078 GDEX Bhd XKLS:0078
64 GF Score
Price RM0.13
GF Value RM0.19
Valuation Significantly Undervalued
! 6 Warning Signs
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What is GDEX Bhd Receivables Turnover?

GDEX Bhd XKLS:0078 -3.70% 64 Receivables Turnover is 1.48 as of Mar. 2026. GuruFocus rates XKLS:0078 with a GF Score™ of 64/100 and a GF Value™ of RM0.19 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 998 Transportation companies, GDEX Bhd ranks worse than 58.82% 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. GDEX Bhd's Revenue for the three months ended in Mar. 2026 was RM105.3 Mil. GDEX Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM71.1 Mil. Hence, GDEX Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 1.48.


GDEX Bhd  (XKLS:0078) 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.


GDEX Bhd Receivables Turnover Related Terms


GDEX Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for GDEX 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.

GDEX Bhd Receivables Turnover Chart

GDEX Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.88 5.80 6.64 6.47 5.74

GDEX Bhd Quarterly Data
Dec20 Mar21 Sep21 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 1.86 1.83 1.58 1.61 1.48

XKLS:0078 vs UPS, FDX, JBHT: Receivables Turnover Comparison

For the Integrated Freight & Logistics subindustry, GDEX 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.


GDEX Bhd Receivables Turnover vs Transportation Industry

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

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


XKLS:0078
64GF Score
GDEX Bhd XKLS:0078
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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GDEX Bhd Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=416.007 / ((70.239 + 74.699) / 2 )
=416.007 / 72.469
=5.74

GDEX 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 )
=105.347 / ((74.699 + 67.572) / 2 )
=105.347 / 71.1355
=1.48

* 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 1.48 mean?
GDEX Bhd (XKLS:0078) has a Receivables Turnover of 1.48 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 GDEX Bhd and its competitors. According to the industry distribution chart, GDEX Bhd ranks #587 out of 998 companies in the Transportation industry, placing it in the top 58.8%.
Is GDEX Bhd's Receivables Turnover too high?
GDEX Bhd's current Receivables Turnover is 1.48. The Transportation industry median Receivables Turnover is 7.74. GDEX Bhd's value of 1.48 is 80.9% below this industry median. Based on the distribution chart, GDEX Bhd ranks #587 out of 998 companies in the Transportation industry, which is below the industry midpoint. Overall, GDEX Bhd has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GDEX Bhd's Receivables Turnover compare to UPS and FDX?
According to the Transportation industry distribution chart, GDEX Bhd ranks #587 out of 998 companies for Receivables Turnover. This places GDEX Bhd in the lower half of its industry. The industry median Receivables Turnover is 7.74. GDEX Bhd's value of 1.48 is 80.9% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.74, based on 998 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. GDEX Bhd's current Receivables Turnover of 1.48 is 80.9% 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 GDEX Bhd and its competitors. For the Transportation industry, the median Receivables Turnover is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GDEX Bhd's current Receivables Turnover is 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GDEX Bhd stock overvalued right now?
Based on GuruFocus' analysis, GDEX Bhd (XKLS:0078) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.19, compared to a current price of RM0.13 — trading 31.6% below its estimated fair value. The current Receivables Turnover is 1.48 and 80.9% below the Transportation industry median of 7.74. GDEX Bhd's overall GF Score™ is 64/100 with 6 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 GDEX Bhd (XKLS:0078), the current Receivables Turnover is 1.48 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 GDEX Bhd (XKLS:0078) Overvalued in 2026?

Based on GuruFocus' analysis, GDEX Bhd stock appears to be undervalued. The current stock price of RM0.13 is trading 31.6% below its estimated GF Value™ of RM0.19. GuruFocus considers GDEX Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0078:

  • Receivables Turnover: 1.48
  • GF Value™: RM0.19 vs. price of RM0.13 (31.6% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 80.9% below the Transportation median (#587 of 998)

No single metric tells the full story. See the XKLS:0078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GDEX Bhd Business Description

Address No. 19, Jalan Tandang, Petaling Jaya, SGR, MYS, 46050
GDEX Bhd mainly engages in the provision of express delivery, logistics, information technology services, and property management. It provides a domestic express carrier, international express carrier, customized logistics solutions, logistics services, enhanced liability coverage, GDEX prepaid, and among others. The group has five business segments Express delivery, Logistics, Property management, Information technology, and Property investment. The majority of the revenue comes from the Express delivery segment. The company's geographical segments include Malaysia, which is the key revenue driver; Singapore; Indonesia and Vietnam.
64GF Score

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

RM0.13
Price
RM0.19
GF Value