Matang Bhd (XKLS:0189) Receivables Turnover: 1.35 (As of Mar. 2026)

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What is Matang Bhd Receivables Turnover?

Matang Bhd XKLS:0189 Receivables Turnover is 1.35 as of Mar. 2026. The stock has 7 warning signs investors should review. Among 1,946 Consumer Packaged Goods companies, Matang Bhd ranks better than 55.96% 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. Matang Bhd's Revenue for the three months ended in Mar. 2026 was RM3.39 Mil. Matang Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM2.51 Mil. Hence, Matang Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 1.35.


Matang Bhd  (XKLS:0189) 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.


Matang Bhd Receivables Turnover Related Terms


Matang Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Matang 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.

Matang Bhd Receivables Turnover Chart

Matang Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.28 14.20 18.61 26.07 25.86

Matang 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 2.48 3.93 4.86 2.96 1.35

XKLS:0189 vs ADM, BG, TSN: Receivables Turnover Comparison

For the Farm Products subindustry, Matang 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.


Matang Bhd Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Matang Bhd's Receivables Turnover distribution charts can be found below:

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



Matang Bhd Receivables Turnover Calculation

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

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

Receivables Turnover (A: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2025 ) / ((Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Jun. 2025 )) / count )
=21.578 / ((0.946 + 0.723) / 2 )
=21.578 / 0.8345
=25.86

Matang 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 )
=3.389 / ((2.034 + 2.985) / 2 )
=3.389 / 2.5095
=1.35

* 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 1.35 mean?
Matang Bhd (XKLS:0189) has a Receivables Turnover of 1.35 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 Matang Bhd and its competitors. According to the industry distribution chart, Matang Bhd ranks #857 out of 1946 companies in the Consumer Packaged Goods industry, placing it in the top 44%.
Is Matang Bhd's Receivables Turnover too high?
Matang Bhd's current Receivables Turnover is 1.35. The Consumer Packaged Goods industry median Receivables Turnover is 9.33. Matang Bhd's value of 1.35 is 85.5% below this industry median. Based on the distribution chart, Matang Bhd ranks #857 out of 1946 companies in the Consumer Packaged Goods industry, which is above the industry midpoint.
How does Matang Bhd's Receivables Turnover compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Matang Bhd ranks #857 out of 1946 companies for Receivables Turnover. This puts Matang Bhd in the upper half of its industry. The industry median Receivables Turnover is 9.33. Matang Bhd's value of 1.35 is 85.5% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.33, based on 1,946 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. Matang Bhd's current Receivables Turnover of 1.35 is 85.5% 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 Matang Bhd and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matang Bhd's current Receivables Turnover is 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matang Bhd stock overvalued right now?
Based on GuruFocus' analysis, Matang Bhd (XKLS:0189) is currently considered Fairly Valued. The stock's GF Value™ is RM0.08, compared to a current price of RM0.08 — trading 6.3% below its estimated fair value. The current Receivables Turnover is 1.35 and 85.5% below the Consumer Packaged Goods industry median of 9.33. 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 Matang Bhd (XKLS:0189), the current Receivables Turnover is 1.35 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.

Matang Bhd Business Description

Address 8, Jalan Munshi Abdullah, Unit 39.02, Level 39, Menara Multi-Purpose Capital Square, Kuala Lumpur, SGR, MYS, 50100
Matang Bhd is an investment holding company. The company is engaged in the management of plantation estate, the sale of fresh fruit bunches, and property investment. Its activities also include procuring germinated oil palm seeds, planting or replanting, field upkeeping that includes pruning, manuring and pest control, harvesting, transporting, and selling fresh fruit bunch (FFB). The company has one reportable segment i.e. management of plantation estate, cultivation of oil palm and durian, and sale of fresh fruit bunch and durian. Geographically, all of the company's operations are carried out in Malaysia.