SIK Cheong Bhd (XKLS:0316) Receivables Turnover: 3.21 (As of Mar. 2026)

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XKLS:0316 SIK Cheong Bhd XKLS:0316
43 GF Score
Price RM0.12
! 3 Warning Signs
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What is SIK Cheong Bhd Receivables Turnover?

SIK Cheong Bhd XKLS:0316 43 Receivables Turnover is 3.21 as of Mar. 2026. GuruFocus rates XKLS:0316 with a GF Score™ of 43/100. The stock has 3 warning signs investors should review. Among 1,943 Consumer Packaged Goods companies, SIK Cheong Bhd ranks better than 67.11% 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. SIK Cheong Bhd's Revenue for the three months ended in Mar. 2026 was RM23.90 Mil. SIK Cheong Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM7.44 Mil. Hence, SIK Cheong Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 3.21.


SIK Cheong Bhd  (XKLS:0316) 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.


SIK Cheong Bhd Receivables Turnover Related Terms


SIK Cheong Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for SIK Cheong 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.

SIK Cheong Bhd Receivables Turnover Chart

SIK Cheong Bhd Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 12.81 15.84 14.49 13.46 12.51

SIK Cheong Bhd Quarterly Data
Mar21 Mar22 Mar23 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 3.36 3.21 3.55 3.38 3.21

XKLS:0316 vs KHC, GIS: Receivables Turnover Comparison

For the Packaged Foods subindustry, SIK Cheong 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.


SIK Cheong Bhd Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SIK Cheong Bhd's Receivables Turnover distribution charts can be found below:

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


XKLS:0316
43GF Score
SIK Cheong Bhd XKLS:0316
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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SIK Cheong Bhd Receivables Turnover Calculation

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

SIK Cheong Bhd's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=93.198 / ((7.322 + 7.582) / 2 )
=93.198 / 7.452
=12.51

SIK Cheong 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 )
=23.901 / ((7.307 + 7.582) / 2 )
=23.901 / 7.4445
=3.21

* 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 3.21 mean?
SIK Cheong Bhd (XKLS:0316) has a Receivables Turnover of 3.21 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 SIK Cheong Bhd and its competitors. According to the industry distribution chart, SIK Cheong Bhd ranks #639 out of 1943 companies in the Consumer Packaged Goods industry, placing it in the top 32.9%.
Is SIK Cheong Bhd's Receivables Turnover too high?
SIK Cheong Bhd's current Receivables Turnover is 3.21. The Consumer Packaged Goods industry median Receivables Turnover is 9.34. SIK Cheong Bhd's value of 3.21 is 65.6% below this industry median. Based on the distribution chart, SIK Cheong Bhd ranks #639 out of 1943 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, SIK Cheong Bhd has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does SIK Cheong Bhd's Receivables Turnover compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, SIK Cheong Bhd ranks #639 out of 1943 companies for Receivables Turnover. This puts SIK Cheong Bhd in the upper half of its industry. The industry median Receivables Turnover is 9.34. SIK Cheong Bhd's value of 3.21 is 65.6% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.34, based on 1,943 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. SIK Cheong Bhd's current Receivables Turnover of 3.21 is 65.6% 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 SIK Cheong Bhd and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SIK Cheong Bhd's current Receivables Turnover is 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIK Cheong Bhd stock overvalued right now?
SIK Cheong Bhd (XKLS:0316) has a current Receivables Turnover of 3.21. The current Receivables Turnover is 3.21 and 65.6% below the Consumer Packaged Goods industry median of 9.34. SIK Cheong Bhd's overall GF Score™ is 43/100 with 3 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 SIK Cheong Bhd (XKLS:0316), the current Receivables Turnover is 3.21 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.

SIK Cheong Bhd Business Description

Address No. 11, Jalan 6/14, Kampung Tasik Tambahan, Darul Ehsan, Ampang, SGR, MYS, 68000
SIK Cheong Bhd is involved in the repackaging, marketing and distribution of RBD palm olein oil products. Its products include RBD palm olein cooking oil, which are sold under brands, Sawit Emas and Vitamas, or sold unbranded and also sell RBD palm olein lamp oil under brand, Pingat Emas. The company products are consumed and used commercially and in households.
43GF 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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