Topmix Bhd (XKLS:0302) Receivables Turnover: 1.27 (As of Mar. 2026)

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XKLS:0302 Topmix Bhd XKLS:0302
46 GF Score
Price RM0.40
! 2 Warning Signs
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What is Topmix Bhd Receivables Turnover?

Topmix Bhd XKLS:0302 -1.23% 46 Receivables Turnover is 1.27 as of Mar. 2026. GuruFocus rates XKLS:0302 with a GF Score™ of 46/100. The stock has 2 warning signs investors should review. Among 431 Furnishings, Fixtures & Appliances companies, Topmix Bhd ranks worse than 60.56% 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. Topmix Bhd's Revenue for the three months ended in Mar. 2026 was RM25.3 Mil. Topmix Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM19.9 Mil. Hence, Topmix Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 1.27.


Topmix Bhd  (XKLS:0302) 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.


Topmix Bhd Receivables Turnover Related Terms


Topmix Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Topmix 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.

Topmix Bhd Receivables Turnover Chart

Topmix Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 3.96 5.46 5.55 6.06 5.52

Topmix Bhd Quarterly Data
Dec20 Dec21 Dec22 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 1.41 1.64 1.62 1.52 1.27

XKLS:0302 vs SN, SGI, MHK: Receivables Turnover Comparison

For the Furnishings, Fixtures & Appliances subindustry, Topmix 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.


Topmix Bhd Receivables Turnover vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Topmix Bhd's Receivables Turnover distribution charts can be found below:

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


XKLS:0302
46GF Score
Topmix Bhd XKLS:0302
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Topmix Bhd Receivables Turnover Calculation

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

Topmix 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 )
=105.935 / ((17.017 + 21.372) / 2 )
=105.935 / 19.1945
=5.52

Topmix 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 )
=25.279 / ((21.372 + 18.36) / 2 )
=25.279 / 19.866
=1.27

* 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 1.27 mean?
Topmix Bhd (XKLS:0302) has a Receivables Turnover of 1.27 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 Topmix Bhd and its competitors. According to the industry distribution chart, Topmix Bhd ranks #261 out of 431 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 60.6%.
Is Topmix Bhd's Receivables Turnover too high?
Topmix Bhd's current Receivables Turnover is 1.27. The Furnishings, Fixtures & Appliances industry median Receivables Turnover is 7.07. Topmix Bhd's value of 1.27 is 82% below this industry median. Based on the distribution chart, Topmix Bhd ranks #261 out of 431 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Topmix Bhd has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Topmix Bhd's Receivables Turnover compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Topmix Bhd ranks #261 out of 431 companies for Receivables Turnover. This places Topmix Bhd in the lower half of its industry. The industry median Receivables Turnover is 7.07. Topmix Bhd's value of 1.27 is 82% 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 Furnishings, Fixtures & Appliances company?
The median Receivables Turnover among Furnishings, Fixtures & Appliances companies is 7.07, based on 431 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. Topmix Bhd's current Receivables Turnover of 1.27 is 82% 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 Topmix Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Receivables Turnover is 7.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topmix Bhd's current Receivables Turnover is 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topmix Bhd stock overvalued right now?
Topmix Bhd (XKLS:0302) has a current Receivables Turnover of 1.27. The current Receivables Turnover is 1.27 and 82% below the Furnishings, Fixtures & Appliances industry median of 7.07. Topmix Bhd's overall GF Score™ is 46/100 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 Topmix Bhd (XKLS:0302), the current Receivables Turnover is 1.27 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.

Topmix Bhd Business Description

Address 8 & 10, Jalan Bistari 11, Taman Industri Jaya, Skudai, JHR, MYS, 81300
Topmix Bhd is an investment holding company. The Group markets and distributes decorative surface products under its proprietary brands, including HPL, compact panels, wall panels, MFC, and other decorative surfaces. It also undertakes in-house product design and collaborates with third-party decor paper suppliers to develop surface designs and finishes for commercial and residential interior applications, such as wall finishes, countertops, furniture, fixtures, and display systems. The Group operates through two business segments: Trading, which involves the wholesale and trading of high-pressure laminated sheets and merchandise of all kinds, and Others, which involves investment holding. The majority of its revenue is derived from Malaysia.
46GF Score

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

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