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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. AppAsia Bhd's Revenue for the
three
months ended in Mar. 2026 was RM6.25 Mil. AppAsia Bhd's average Accounts Receivable for the
three
months ended in Mar. 2026 was RM25.42 Mil.
Hence, AppAsia Bhd's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.25.
AppAsia Bhd (XKLS:0119) 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.
AppAsia Bhd Receivables Turnover Related Terms
AppAsia Bhd Receivables Turnover Historical Data
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The historical data trend for AppAsia 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.
XKLS:0119 vs UBER, SHOP, CRM: Receivables Turnover Comparison
For the Software - Application subindustry, AppAsia 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.
AppAsia Bhd Receivables Turnover vs Software Industry
For the Software industry and Technology sector, AppAsia Bhd's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where AppAsia 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.
AppAsia Bhd (XKLS:0119) has a Receivables Turnover of 0.25 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 AppAsia Bhd and its competitors. According to the industry distribution chart, AppAsia Bhd ranks #2633 out of 2782 companies in the Software industry, placing it in the top 94.6%.
Is AppAsia Bhd's Receivables Turnover too high?
AppAsia Bhd's current Receivables Turnover is 0.25. The Software industry median Receivables Turnover is 5.73. AppAsia Bhd's value of 0.25 is 95.6% below this industry median. Based on the distribution chart, AppAsia Bhd ranks #2633 out of 2782 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, AppAsia Bhd has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AppAsia Bhd's Receivables Turnover compare to UBER and SHOP?
According to the Software industry distribution chart, AppAsia Bhd ranks #2633 out of 2782 companies for Receivables Turnover. This places AppAsia Bhd in the lower half of its industry. The industry median Receivables Turnover is 5.73. AppAsia Bhd's value of 0.25 is 95.6% 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 5.73, 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. AppAsia Bhd's current Receivables Turnover of 0.25 is 95.6% 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 AppAsia Bhd and its competitors. For the Software industry, the median Receivables Turnover is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AppAsia Bhd's current Receivables Turnover is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AppAsia Bhd stock overvalued right now?
Based on GuruFocus' analysis, AppAsia Bhd (XKLS:0119) is currently considered Fairly Valued. The stock's GF Value™ is RM0.10, compared to a current price of RM0.11 — trading 10% above its estimated fair value. The current Receivables Turnover is 0.25 and 95.6% below the Software industry median of 5.73. AppAsia Bhd's overall GF Score™ is 40/100 with 4 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 AppAsia Bhd (XKLS:0119), the current Receivables Turnover is 0.25 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 AppAsia Bhd (XKLS:0119) Overvalued in 2026?
Based on GuruFocus' analysis, AppAsia Bhd stock appears to be overvalued.
The current stock price of RM0.11 is trading 10% above its estimated GF Value™ of RM0.10.
GuruFocus considers AppAsia Bhd to be Fairly Valued.
Key valuation signals for XKLS:0119:
Receivables Turnover: 0.25
GF Value™: RM0.10 vs. price of RM0.11 (10% above fair value)
Industry Position: 95.6% below the Software median (#2633 of 2782)
No single metric tells the full story. See the XKLS:0119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AppAsia Bhd is a digital platform provider specialising in blockchain technologies, advanced mobile applications, and digital content. The company operates in the segments of Financial Services Business, E-Commerce Business, Digital solutions Business, and Investment Holding and Other Businesses. Investment holding includes investment management and provision of management services and other complimentary services; E-Commerce Business segment engages in the provision of online marketplace for e-commerce activities; Digital solutions business engages in the provision of digital platform related solutions and services; and Financial services segment provides financial assistance. Geographically, the group operates in Malaysia and United States, of which key revenue is derived from Malaysia.
40GF Score
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