Asia Poly Holdings Bhd (XKLS:0105) Receivables Turnover: 1.11 (As of Mar. 2026)

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What is Asia Poly Holdings Bhd Receivables Turnover?

Asia Poly Holdings Bhd XKLS:0105 +7.69% Receivables Turnover is 1.11 as of Mar. 2026. The stock has 6 warning signs investors should review. Among 1,577 Chemicals companies, Asia Poly Holdings Bhd ranks better than 54.15% 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. Asia Poly Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM15.43 Mil. Asia Poly Holdings Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM13.85 Mil. Hence, Asia Poly Holdings Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 1.11.


Asia Poly Holdings Bhd  (XKLS:0105) 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.


Asia Poly Holdings Bhd Receivables Turnover Related Terms


Asia Poly Holdings Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Asia Poly 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.

Asia Poly Holdings Bhd Receivables Turnover Chart

Asia Poly Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.71 6.40 7.47 7.60 6.21

Asia Poly Holdings 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 1.67 1.76 1.38 1.65 1.11

XKLS:0105 vs LIN, SHW, ECL: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, Asia Poly 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.


Asia Poly Holdings Bhd Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asia Poly Holdings Bhd's Receivables Turnover distribution charts can be found below:

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



Asia Poly Holdings Bhd Receivables Turnover Calculation

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

Asia Poly Holdings 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 )
=88.993 / ((14.629 + 14.011) / 2 )
=88.993 / 14.32
=6.21

Asia Poly 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 )
=15.432 / ((14.011 + 13.692) / 2 )
=15.432 / 13.8515
=1.11

* 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 1.11 mean?
Asia Poly Holdings Bhd (XKLS:0105) has a Receivables Turnover of 1.11 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 Asia Poly Holdings Bhd and its competitors. According to the industry distribution chart, Asia Poly Holdings Bhd ranks #723 out of 1577 companies in the Chemicals industry, placing it in the top 45.8%.
Is Asia Poly Holdings Bhd's Receivables Turnover too high?
Asia Poly Holdings Bhd's current Receivables Turnover is 1.11. The Chemicals industry median Receivables Turnover is 5.60. Asia Poly Holdings Bhd's value of 1.11 is 80.2% below this industry median. Based on the distribution chart, Asia Poly Holdings Bhd ranks #723 out of 1577 companies in the Chemicals industry, which is above the industry midpoint.
How does Asia Poly Holdings Bhd's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asia Poly Holdings Bhd ranks #723 out of 1577 companies for Receivables Turnover. This puts Asia Poly Holdings Bhd in the upper half of its industry. The industry median Receivables Turnover is 5.60. Asia Poly Holdings Bhd's value of 1.11 is 80.2% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.60, based on 1,577 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. Asia Poly Holdings Bhd's current Receivables Turnover of 1.11 is 80.2% 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 Asia Poly Holdings Bhd and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Poly Holdings Bhd's current Receivables Turnover is 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Poly Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Asia Poly Holdings Bhd (XKLS:0105) is currently considered Fairly Valued. The stock's GF Value™ is RM0.07, compared to a current price of RM0.07 — trading right at its estimated fair value. The current Receivables Turnover is 1.11 and 80.2% below the Chemicals industry median of 5.60. 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 Asia Poly Holdings Bhd (XKLS:0105), the current Receivables Turnover is 1.11 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.

Asia Poly Holdings Bhd Business Description

Address Jalan PJU 1A/7A Ara Damansara, PJU 1A, E-G-3A, Block E, Oasis Square No.2, Selangor Darul Ehsan, Petaling Jaya, SGR, MYS, 47301
Asia Poly Holdings Bhd is engaged in the business of investment holding. Through its subsidiary, it is engaged in the manufacturing and selling of acrylic products (acrylic sheets and acrylic blocks) in various types and sizes. It manufactures a wide range of cast acrylic sheet products, which are available in various specifications such as clear, tinted, opaque, and fluorescent. Its segments are Investment holdings, including Investment holding company; Manufacturing consists of Manufacturing of cast acrylic products; Property development provides Property development; Renewable energy offers Renewable energy from biogas plant; and Others - Others not reported in the above segments. Geographically, it operates in Malaysia, Europe, India, the Middle East, the United States, and Others.