TSA Group Bhd (XKLS:0297) Receivables Turnover: 1.06 (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:0297 TSA Group Bhd XKLS:0297
31 GF Score
Price RM0.86
! 10 Warning Signs
View Full Analysis

What is TSA Group Bhd Receivables Turnover?

TSA Group Bhd XKLS:0297 -0.58% 31 Receivables Turnover is 1.06 as of Mar. 2026. GuruFocus rates XKLS:0297 with a GF Score™ of 31/100. The stock has 10 warning signs investors should review. Among 606 Steel companies, TSA Group Bhd ranks worse than 77.23% 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. TSA Group Bhd's Revenue for the three months ended in Mar. 2026 was RM61.5 Mil. TSA Group Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM57.8 Mil. Hence, TSA Group Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 1.06.


TSA Group Bhd  (XKLS:0297) 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.


TSA Group Bhd Receivables Turnover Related Terms


TSA Group Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for TSA Group 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.

TSA Group Bhd Receivables Turnover Chart

TSA Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 5.01 5.67 4.81 4.04 4.19

TSA Group Bhd Quarterly Data
Dec20 Dec21 Dec22 Aug23 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 0.99 1.06 1.23 1.23 1.06

XKLS:0297 vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, TSA Group 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.


TSA Group Bhd Receivables Turnover vs Steel Industry

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

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


XKLS:0297
31GF Score
TSA Group Bhd XKLS:0297
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSA Group Bhd Receivables Turnover Calculation

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

TSA Group 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 )
=262.076 / ((66.993 + 57.985) / 2 )
=262.076 / 62.489
=4.19

TSA Group 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 )
=61.498 / ((57.985 + 57.705) / 2 )
=61.498 / 57.845
=1.06

* 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 1.06 mean?
TSA Group Bhd (XKLS:0297) has a Receivables Turnover of 1.06 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 TSA Group Bhd and its competitors. According to the industry distribution chart, TSA Group Bhd ranks #468 out of 606 companies in the Steel industry, placing it in the top 77.2%.
Is TSA Group Bhd's Receivables Turnover too high?
TSA Group Bhd's current Receivables Turnover is 1.06. The Steel industry median Receivables Turnover is 7.11. TSA Group Bhd's value of 1.06 is 85.1% below this industry median. Based on the distribution chart, TSA Group Bhd ranks #468 out of 606 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, TSA Group Bhd has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does TSA Group Bhd's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, TSA Group Bhd ranks #468 out of 606 companies for Receivables Turnover. This places TSA Group Bhd in the lower half of its industry. The industry median Receivables Turnover is 7.11. TSA Group Bhd's value of 1.06 is 85.1% 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 7.11, based on 606 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. TSA Group Bhd's current Receivables Turnover of 1.06 is 85.1% 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 TSA Group Bhd and its competitors. For the Steel industry, the median Receivables Turnover is 7.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSA Group Bhd's current Receivables Turnover is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSA Group Bhd stock overvalued right now?
TSA Group Bhd (XKLS:0297) has a current Receivables Turnover of 1.06. The current Receivables Turnover is 1.06 and 85.1% below the Steel industry median of 7.11. TSA Group Bhd's overall GF Score™ is 31/100 with 10 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 TSA Group Bhd (XKLS:0297), the current Receivables Turnover is 1.06 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.

TSA Group Bhd Business Description

Address Lot 3998, Jalan 6/2A, Taman Industri Selesa Jaya, Balakong, SGR, MYS, 43300
TSA Group Bhd is engaged in trading, manufacturing and processing of metal products, mainly of stainless steel. It mainly trades in stainless steel plates, sheets, coils, pipes, square bars, flat bars, round bars, hexagon bars, angle bars, U-channels, chequered and perforated plates, shim and strips, wire, flanges, and pipe fittings. It also supplies products made from other metals comprising copper, aluminum, brass, bronze, lead, and carbon steel. Geographically it operates in Malaysia, Singapore, Bangladesh, Thailand, Indonesia and others, having key revenue from Malaysia.
31GF Score

Get the complete analysis for XKLS:0297

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

RM0.86
Price