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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. Tex Cycle Technology (M) Bhd's Revenue for the
three
months ended in Mar. 2026 was RM20.61 Mil. Tex Cycle Technology (M) Bhd's average Accounts Receivable for the
three
months ended in Mar. 2026 was RM13.51 Mil.
Hence, Tex Cycle Technology (M) Bhd's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.53.
Tex Cycle Technology (M) Bhd (XKLS:0089) 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.
Tex Cycle Technology (M) Bhd Receivables Turnover Related Terms
Tex Cycle Technology (M) Bhd Receivables Turnover Historical Data
* 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.
Tex Cycle Technology (M) Bhd Receivables Turnover Chart
XKLS:0089 vs WM, RSG, WCN: Receivables Turnover Comparison
For the Waste Management subindustry, Tex Cycle Technology (M) 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.
Tex Cycle Technology (M) Bhd Receivables Turnover vs Waste Management Industry
For the Waste Management industry and Industrials sector, Tex Cycle Technology (M) Bhd's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tex Cycle Technology (M) Bhd's Receivables Turnover falls into.
* 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.
Tex Cycle Technology (M) Bhd (XKLS:0089) has a Receivables Turnover of 1.53 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 Tex Cycle Technology (M) Bhd and its competitors. According to the industry distribution chart, Tex Cycle Technology (M) Bhd ranks #91 out of 235 companies in the Waste Management industry, placing it in the top 38.7%.
Is Tex Cycle Technology (M) Bhd's Receivables Turnover too high?
Tex Cycle Technology (M) Bhd's current Receivables Turnover is 1.53. The Waste Management industry median Receivables Turnover is 4.61. Tex Cycle Technology (M) Bhd's value of 1.53 is 66.8% below this industry median. Based on the distribution chart, Tex Cycle Technology (M) Bhd ranks #91 out of 235 companies in the Waste Management industry, which is above the industry midpoint. Overall, Tex Cycle Technology (M) Bhd has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tex Cycle Technology (M) Bhd's Receivables Turnover compare to WM and RSG?
According to the Waste Management industry distribution chart, Tex Cycle Technology (M) Bhd ranks #91 out of 235 companies for Receivables Turnover. This puts Tex Cycle Technology (M) Bhd in the upper half of its industry. The industry median Receivables Turnover is 4.61. Tex Cycle Technology (M) Bhd's value of 1.53 is 66.8% 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 Waste Management company?
The median Receivables Turnover among Waste Management companies is 4.61, based on 235 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. Tex Cycle Technology (M) Bhd's current Receivables Turnover of 1.53 is 66.8% 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 Tex Cycle Technology (M) Bhd and its competitors. For the Waste Management industry, the median Receivables Turnover is 4.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tex Cycle Technology (M) Bhd's current Receivables Turnover is 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tex Cycle Technology (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tex Cycle Technology (M) Bhd (XKLS:0089) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.92, compared to a current price of RM1.01 — trading 47.4% below its estimated fair value. The current Receivables Turnover is 1.53 and 66.8% below the Waste Management industry median of 4.61. Tex Cycle Technology (M) Bhd's overall GF Score™ is 83/100 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 Tex Cycle Technology (M) Bhd (XKLS:0089), the current Receivables Turnover is 1.53 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 Tex Cycle Technology (M) Bhd (XKLS:0089) Overvalued in 2026?
Based on GuruFocus' analysis, Tex Cycle Technology (M) Bhd stock appears to be undervalued.
The current stock price of RM1.01 is trading 47.4% below its estimated GF Value™ of RM1.92.
GuruFocus considers Tex Cycle Technology (M) Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0089:
Receivables Turnover: 1.53
GF Value™: RM1.92 vs. price of RM1.01 (47.4% below fair value)
Industry Position: 66.8% below the Waste Management median (#91 of 235)
No single metric tells the full story. See the XKLS:0089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tex Cycle Technology (M) Bhd is engaged in the provision of recovery and recycling of scheduled waste. It operates in six segments. The investment holding segment comprises investing in property and unquoted securities on a long-term basis; the recovery and recycling services segment comprises the provision of waste recovery and recycling services, and rental of recycled products; the rental of investment property segment; trading segment comprises trading of chemicals and other products; renewable energy segment includes the provision of equipment and consultancy services related to renewable energy; and others segment. The majority of company's revenue comes from the recovery and recycling services segment.
83GF Score
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