Tashin Holdings Bhd (XKLS:0211) Receivables Turnover: 1.17 (As of Mar. 2026)

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XKLS:0211 Tashin Holdings Bhd XKLS:0211
50 GF Score
Price RM0.20
GF Value RM0.29
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Tashin Holdings Bhd Receivables Turnover?

Tashin Holdings Bhd XKLS:0211 50 Receivables Turnover is 1.17 as of Mar. 2026. GuruFocus rates XKLS:0211 with a GF Score™ of 50/100 and a GF Value™ of RM0.29 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 605 Steel companies, Tashin Holdings Bhd ranks worse than 73.22% 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. Tashin Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM80.1 Mil. Tashin Holdings Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM68.5 Mil. Hence, Tashin Holdings Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 1.17.


Tashin Holdings Bhd  (XKLS:0211) 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.


Tashin Holdings Bhd Receivables Turnover Related Terms


Tashin Holdings Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Tashin 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.

Tashin Holdings Bhd Receivables Turnover Chart

Tashin 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 5.48 5.37 4.57 5.05 4.82

Tashin 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 1.22 1.21 1.29 1.24 1.17

XKLS:0211 vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, Tashin 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.


Tashin Holdings Bhd Receivables Turnover vs Steel Industry

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

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


XKLS:0211
50GF Score
Tashin Holdings Bhd XKLS:0211
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tashin Holdings Bhd Receivables Turnover Calculation

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

Tashin 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 )
=344.593 / ((73.034 + 70.081) / 2 )
=344.593 / 71.5575
=4.82

Tashin 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 )
=80.105 / ((70.081 + 66.956) / 2 )
=80.105 / 68.5185
=1.17

* 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 1.17 mean?
Tashin Holdings Bhd (XKLS:0211) has a Receivables Turnover of 1.17 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 Tashin Holdings Bhd and its competitors. According to the industry distribution chart, Tashin Holdings Bhd ranks #443 out of 605 companies in the Steel industry, placing it in the top 73.2%.
Is Tashin Holdings Bhd's Receivables Turnover too high?
Tashin Holdings Bhd's current Receivables Turnover is 1.17. The Steel industry median Receivables Turnover is 7.13. Tashin Holdings Bhd's value of 1.17 is 83.6% below this industry median. Based on the distribution chart, Tashin Holdings Bhd ranks #443 out of 605 companies in the Steel industry, which is below the industry midpoint. Overall, Tashin Holdings Bhd has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tashin Holdings Bhd's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Tashin Holdings Bhd ranks #443 out of 605 companies for Receivables Turnover. This places Tashin Holdings Bhd in the lower half of its industry. The industry median Receivables Turnover is 7.13. Tashin Holdings Bhd's value of 1.17 is 83.6% 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 Steel company?
The median Receivables Turnover among Steel companies is 7.13, based on 605 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. Tashin Holdings Bhd's current Receivables Turnover of 1.17 is 83.6% 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 Tashin Holdings Bhd and its competitors. For the Steel industry, the median Receivables Turnover is 7.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tashin Holdings Bhd's current Receivables Turnover is 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tashin Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tashin Holdings Bhd (XKLS:0211) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.29, compared to a current price of RM0.20 — trading 31% below its estimated fair value. The current Receivables Turnover is 1.17 and 83.6% below the Steel industry median of 7.13. Tashin Holdings Bhd's overall GF Score™ is 50/100 with 6 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 Tashin Holdings Bhd (XKLS:0211), the current Receivables Turnover is 1.17 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 Tashin Holdings Bhd (XKLS:0211) Overvalued in 2026?

Based on GuruFocus' analysis, Tashin Holdings Bhd stock appears to be undervalued. The current stock price of RM0.20 is trading 31% below its estimated GF Value™ of RM0.29. GuruFocus considers Tashin Holdings Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0211:

  • Receivables Turnover: 1.17
  • GF Value™: RM0.29 vs. price of RM0.20 (31% below fair value)
  • GF Score™: 50/100 with 6 warning signs
  • Industry Position: 83.6% below the Steel median (#443 of 605)

No single metric tells the full story. See the XKLS:0211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tashin Holdings Bhd Business Description

Address Plot 40, Lorong Perusahaan Maju 7, Kawasan Perusahaan 4, Prai, PNG, MYS, 13600
Tashin Holdings Bhd is engaged in the manufacturing and trading of steel products. The company's product portfolio includes Slit Coils, Cut to Pipe Steel Sheets, Steel Pipes, Steel Plate and Sheets, Flat and Square Bars, Expanded Metal, Checkered Plate, and C Purlin. The steel products are widely utilized and applied in various industries such as Automotive, Construction, Furniture, Electronics and Electrical, Engineering Fabrication, and Others. The Group operates predominantly in one business segment in Malaysia, which is involved in the manufacturing of steel-related products.
50GF Score

Get the complete analysis for XKLS:0211

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.20
Price
RM0.29
GF Value