Snowfit Group Bhd (XKLS:03054) Receivables Turnover: 26.84 (As of Mar. 2026)

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What is Snowfit Group Bhd Receivables Turnover?

Snowfit Group Bhd XKLS:03054 Receivables Turnover is 26.84 as of Mar. 2026. The stock has 9 warning signs investors should review.

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. Snowfit Group Bhd's Revenue for the six months ended in Mar. 2026 was RM13.32 Mil. Snowfit Group Bhd's average Accounts Receivable for the six months ended in Mar. 2026 was RM0.50 Mil. Hence, Snowfit Group Bhd's Receivables Turnover for the six months ended in Mar. 2026 was 26.84.

Snowfit Group Bhd  (XKLS:03054) 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.

Snowfit Group Bhd Receivables Turnover Related Terms

Snowfit Group Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Snowfit 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.

Snowfit Group Bhd Receivables Turnover Chart

Snowfit Group Bhd Annual Data
Trend May20 May21 May23 May24
Receivables Turnover
305.74 99.01 69.31 15.74

Snowfit Group Bhd Semi-Annual Data
May20 May21 Nov22 May23 Nov23 May24 Nov24 May25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 14.04 5.53 4.68 5.77 26.84

XKLS:03054 vs AAPL: Receivables Turnover Comparison

For the Consumer Electronics subindustry, Snowfit 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.

Snowfit Group Bhd Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Snowfit Group Bhd's Receivables Turnover distribution charts can be found below:

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


Snowfit Group Bhd Receivables Turnover Calculation

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

Snowfit Group Bhd's Receivables Turnover for the fiscal year that ended in May. 2024 is calculated as

Receivables Turnover (A: May. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: May. 2024 ) / ((Accounts Receivable (A: May. 2023 ) + Accounts Receivable (A: May. 2024 )) / count )
=28.918 / ((0.312 + 3.363) / 2 )
=28.918 / 1.8375
=15.74

Snowfit 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: May. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=13.324 / ((0.929 + 0.064) / 2 )
=13.324 / 0.4965
=26.84

* 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 26.84 mean?
Snowfit Group Bhd (XKLS:03054) has a Receivables Turnover of 26.84 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 Snowfit Group Bhd and its competitors.
Is Snowfit Group Bhd's Receivables Turnover too high?
Snowfit Group Bhd's current Receivables Turnover is 26.84. The Hardware industry median Receivables Turnover is 4.90. Snowfit Group Bhd's value of 26.84 is 447.8% above this industry median.
How does Snowfit Group Bhd's Receivables Turnover compare to AAPL?
Snowfit Group Bhd's Receivables Turnover of 26.84 can be compared against companies in the Hardware industry. The industry median Receivables Turnover is 4.90. Snowfit Group Bhd's value of 26.84 is 447.8% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.90, based on 2,472 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. Snowfit Group Bhd's current Receivables Turnover of 26.84 is 447.8% 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 Snowfit Group Bhd and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Snowfit Group Bhd's current Receivables Turnover is 26.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snowfit Group Bhd stock overvalued right now?
Snowfit Group Bhd (XKLS:03054) has a current Receivables Turnover of 26.84. The stock's GF Value™ is RM0.24, compared to a current price of RM0.10 — trading 58.3% below its estimated fair value. The current Receivables Turnover is 26.84 and 447.8% above the Hardware industry median of 4.90. 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 Snowfit Group Bhd (XKLS:03054), the current Receivables Turnover is 26.84 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.

Snowfit Group Bhd Business Description

Address Jalan Balakong, Lot 33842-A, GM 6008, Balakong, SGR, MYS, 43200
Snowfit Group Bhd offers wellness and sporting goods including massage and fitness equipment. Its product offerings comprise of Massage Chairs, Treadmills, TableBIKE, Foot Massager, Portable Massager, and Eye Massager.