Optimax Holdings Bhd (XKLS:0222) Receivables Turnover: 10.93 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:0222 Optimax Holdings Bhd XKLS:0222
68 GF Score
Price RM0.53
GF Value RM0.76
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Optimax Holdings Bhd Receivables Turnover?

Optimax Holdings Bhd XKLS:0222 68 Receivables Turnover is 10.93 as of Mar. 2026. GuruFocus rates XKLS:0222 with a GF Score™ of 68/100 and a GF Value™ of RM0.76 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 658 Healthcare Providers & Services companies, Optimax Holdings Bhd ranks better than 93.47% 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. Optimax Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM30.6 Mil. Optimax Holdings Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM2.8 Mil. Hence, Optimax Holdings Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 10.93.


Optimax Holdings Bhd  (XKLS:0222) 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.


Optimax Holdings Bhd Receivables Turnover Related Terms


Optimax Holdings Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Optimax 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.

Optimax Holdings Bhd Receivables Turnover Chart

Optimax 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 44.75 46.83 85.94 82.03 59.65

Optimax 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 17.37 19.74 14.21 11.57 10.93

XKLS:0222 vs HCA, THC, DVA: Receivables Turnover Comparison

For the Medical Care Facilities subindustry, Optimax 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.


Optimax Holdings Bhd Receivables Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Optimax Holdings Bhd's Receivables Turnover distribution charts can be found below:

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


XKLS:0222
68GF Score
Optimax Holdings Bhd XKLS:0222
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Optimax Holdings Bhd Receivables Turnover Calculation

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

Optimax 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 )
=135.729 / ((1.642 + 2.909) / 2 )
=135.729 / 2.2755
=59.65

Optimax 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 )
=30.582 / ((2.909 + 2.687) / 2 )
=30.582 / 2.798
=10.93

* 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 10.93 mean?
Optimax Holdings Bhd (XKLS:0222) has a Receivables Turnover of 10.93 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 Optimax Holdings Bhd and its competitors. According to the industry distribution chart, Optimax Holdings Bhd ranks #43 out of 658 companies in the Healthcare Providers & Services industry, placing it in the top 6.5%.
Is Optimax Holdings Bhd's Receivables Turnover too high?
Optimax Holdings Bhd's current Receivables Turnover is 10.93. The Healthcare Providers & Services industry median Receivables Turnover is 7.73. Optimax Holdings Bhd's value of 10.93 is 41.5% above this industry median. Based on the distribution chart, Optimax Holdings Bhd ranks #43 out of 658 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Optimax Holdings Bhd has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Optimax Holdings Bhd's Receivables Turnover compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Optimax Holdings Bhd ranks #43 out of 658 companies for Receivables Turnover. This places Optimax Holdings Bhd in the top 7% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.73. Optimax Holdings Bhd's value of 10.93 is 41.5% above 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 Healthcare Providers & Services company?
The median Receivables Turnover among Healthcare Providers & Services companies is 7.73, based on 658 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. Optimax Holdings Bhd's current Receivables Turnover of 10.93 is 41.5% above 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 Optimax Holdings Bhd and its competitors. For the Healthcare Providers & Services industry, the median Receivables Turnover is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Optimax Holdings Bhd's current Receivables Turnover is 10.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optimax Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Optimax Holdings Bhd (XKLS:0222) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.76, compared to a current price of RM0.53 — trading 30.9% below its estimated fair value. The current Receivables Turnover is 10.93 and 41.5% above the Healthcare Providers & Services industry median of 7.73. Optimax Holdings Bhd's overall GF Score™ is 68/100 with 2 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 Optimax Holdings Bhd (XKLS:0222), the current Receivables Turnover is 10.93 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 Optimax Holdings Bhd (XKLS:0222) Overvalued in 2026?

Based on GuruFocus' analysis, Optimax Holdings Bhd stock appears to be undervalued. The current stock price of RM0.53 is trading 30.9% below its estimated GF Value™ of RM0.76. GuruFocus considers Optimax Holdings Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0222:

  • Receivables Turnover: 10.93
  • GF Value™: RM0.76 vs. price of RM0.53 (30.9% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 41.5% above the Healthcare Providers & Services median (#43 of 658)

No single metric tells the full story. See the XKLS:0222 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Optimax Holdings Bhd Business Description

Address No. 145, Jalan Radin Bagus, 1st and 2nd Floor, Seri Petaling, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 57000
Optimax Holdings Bhd is a provider of eye specialist services. The company offers a range of services with in-house medical ophthalmology at specialist centres such as specialist clinics, ambulatory care centres, satellite clinics, and specialist hospitals. The company's ambulatory care centres and specialist hospital are equipped with eye operation theatres, and procedure rooms, general and day care wards, and relevant equipment for surgical procedures. It derives revenue from refractive surgery, treatment of eye diseases and disorders, consultation and dispensary services, oculoplastic surgery, plastic Surgery and aesthetic Services and related services. The company operates in geographical segments such as: North Malaysia, Central Malaysia, South Malaysia, East Malaysia and Cambodia.
68GF Score

Get the complete analysis for XKLS:0222

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

RM0.53
Price
RM0.76
GF Value