Kanger International Bhd (XKLS:0170) Receivables Turnover: 0.68 (As of Mar. 2026)

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What is Kanger International Bhd Receivables Turnover?

Kanger International Bhd XKLS:0170 Receivables Turnover is 0.68 as of Mar. 2026. The stock has 3 warning signs investors should review. Among 282 Forest Products companies, Kanger International Bhd ranks worse than 95.04% 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. Kanger International Bhd's Revenue for the three months ended in Mar. 2026 was RM40.63 Mil. Kanger International Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM59.57 Mil. Hence, Kanger International Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 0.68.


Kanger International Bhd  (XKLS:0170) 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.


Kanger International Bhd Receivables Turnover Related Terms


Kanger International Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Kanger International 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.

Kanger International Bhd Receivables Turnover Chart

Kanger International Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Mar21 Mar22 Sep24 Sep25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.66 4.90 0.68 1.07

Kanger International Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 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 0.21 0.38 0.24 0.08 0.68

XKLS:0170 vs SSD, UFPI, BCC: Receivables Turnover Comparison

For the Lumber & Wood Production subindustry, Kanger International 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.


Kanger International Bhd Receivables Turnover vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Kanger International Bhd's Receivables Turnover distribution charts can be found below:

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



Kanger International Bhd Receivables Turnover Calculation

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

Kanger International Bhd's Receivables Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Receivables Turnover (A: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2025 ) / ((Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Sep. 2025 )) / count )
=45.482 / ((26.921 + 58.408) / 2 )
=45.482 / 42.6645
=1.07

Kanger International 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 )
=40.633 / ((59.574 + 0) / 1 )
=40.633 / 59.574
=0.68

* 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 0.68 mean?
Kanger International Bhd (XKLS:0170) has a Receivables Turnover of 0.68 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 Kanger International Bhd and its competitors. According to the industry distribution chart, Kanger International Bhd ranks #268 out of 282 companies in the Forest Products industry, placing it in the top 95%.
Is Kanger International Bhd's Receivables Turnover too high?
Kanger International Bhd's current Receivables Turnover is 0.68. The Forest Products industry median Receivables Turnover is 6.71. Kanger International Bhd's value of 0.68 is 89.9% below this industry median. Based on the distribution chart, Kanger International Bhd ranks #268 out of 282 companies in the Forest Products industry, which is in the bottom quartile relative to peers.
How does Kanger International Bhd's Receivables Turnover compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Kanger International Bhd ranks #268 out of 282 companies for Receivables Turnover. This places Kanger International Bhd in the lower half of its industry. The industry median Receivables Turnover is 6.71. Kanger International Bhd's value of 0.68 is 89.9% 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 Forest Products company?
The median Receivables Turnover among Forest Products companies is 6.71, based on 282 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. Kanger International Bhd's current Receivables Turnover of 0.68 is 89.9% 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 Kanger International Bhd and its competitors. For the Forest Products industry, the median Receivables Turnover is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanger International Bhd's current Receivables Turnover is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanger International Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kanger International Bhd (XKLS:0170) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.05, compared to a current price of RM0.03 — trading 40% below its estimated fair value. The current Receivables Turnover is 0.68 and 89.9% below the Forest Products industry median of 6.71. 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 Kanger International Bhd (XKLS:0170), the current Receivables Turnover is 0.68 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.

Kanger International Bhd Business Description

Address Taman Perindustrian Alfa Impian, No. 1 & 3, Jalan Alfa Impian 2, Balakong, Kuala Lumpur, SGR, MYS, 43000
Kanger International Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the segments of Investment Holding, Manufacturing, trading and project management services. It generates maximum revenue from the Manufacturing, trading and project management services segment which includes, manufacturing and trading of bamboo flooring and healthcare products and project management consultancy services. Geographically, it derives a majority of revenue from Malaysia.