Elridge Energy Holdings Bhd (XKLS:0318) Receivables Turnover: 1.32 (As of Mar. 2026)

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XKLS:0318 Elridge Energy Holdings Bhd XKLS:0318
18 GF Score
Price RM0.90
! 2 Warning Signs
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What is Elridge Energy Holdings Bhd Receivables Turnover?

Elridge Energy Holdings Bhd XKLS:0318 -1.10% 18 Receivables Turnover is 1.32 as of Mar. 2026. GuruFocus rates XKLS:0318 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 410 Utilities - Independent Power Producers companies, Elridge Energy Holdings Bhd ranks better than 67.32% 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. Elridge Energy Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM130.8 Mil. Elridge Energy Holdings Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM98.8 Mil. Hence, Elridge Energy Holdings Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 1.32.


Elridge Energy Holdings Bhd  (XKLS:0318) 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.


Elridge Energy Holdings Bhd Receivables Turnover Related Terms


Elridge Energy Holdings Bhd Receivables Turnover Historical Data

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The historical data trend for Elridge Energy 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.

Elridge Energy Holdings Bhd Receivables Turnover Chart

Elridge Energy Holdings Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
4.05 8.36 32.89 13.57 6.50

Elridge Energy Holdings Bhd Quarterly Data
Dec21 Dec22 Dec23 Apr24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.84 3.28 3.34 1.84 1.32

Elridge Energy Holdings Bhd Receivables Turnover Competitor Comparison

For the Utilities - Renewable subindustry, Elridge Energy 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.


Elridge Energy Holdings Bhd Receivables Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Elridge Energy Holdings Bhd's Receivables Turnover distribution charts can be found below:

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


XKLS:0318
18GF Score
Elridge Energy Holdings Bhd XKLS:0318
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Elridge Energy Holdings Bhd Receivables Turnover Calculation

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

Elridge Energy 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 )
=431.976 / ((43.097 + 89.843) / 2 )
=431.976 / 66.47
=6.50

Elridge Energy 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 )
=130.79 / ((89.843 + 107.661) / 2 )
=130.79 / 98.752
=1.32

* 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 1.32 mean?
Elridge Energy Holdings Bhd (XKLS:0318) has a Receivables Turnover of 1.32 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 Elridge Energy Holdings Bhd and its competitors. According to the industry distribution chart, Elridge Energy Holdings Bhd ranks #134 out of 410 companies in the Utilities - Independent Power Producers industry, placing it in the top 32.7%.
Is Elridge Energy Holdings Bhd's Receivables Turnover too high?
Elridge Energy Holdings Bhd's current Receivables Turnover is 1.32. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.73. Elridge Energy Holdings Bhd's value of 1.32 is 76.9% below this industry median. Based on the distribution chart, Elridge Energy Holdings Bhd ranks #134 out of 410 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Elridge Energy Holdings Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Elridge Energy Holdings Bhd's Receivables Turnover compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Elridge Energy Holdings Bhd ranks #134 out of 410 companies for Receivables Turnover. This puts Elridge Energy Holdings Bhd in the upper half of its industry. The industry median Receivables Turnover is 5.73. Elridge Energy Holdings Bhd's value of 1.32 is 76.9% 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 an Utilities - Independent Power Producers company?
The median Receivables Turnover among Utilities - Independent Power Producers companies is 5.73, based on 410 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. Elridge Energy Holdings Bhd's current Receivables Turnover of 1.32 is 76.9% 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 Elridge Energy Holdings Bhd and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elridge Energy Holdings Bhd's current Receivables Turnover is 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elridge Energy Holdings Bhd stock overvalued right now?
Elridge Energy Holdings Bhd (XKLS:0318) has a current Receivables Turnover of 1.32. The current Receivables Turnover is 1.32 and 76.9% below the Utilities - Independent Power Producers industry median of 5.73. Elridge Energy Holdings Bhd's overall GF Score™ is 18/100 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 Elridge Energy Holdings Bhd (XKLS:0318), the current Receivables Turnover is 1.32 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.

Elridge Energy Holdings Bhd Business Description

Address 61-2, Jalan Radin Tengah, Bandar Baru Sri Petaling, Kuala Lumpur, SGR, MYS, 57000
Elridge Energy Holdings Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the manufacturing and trading of biomass fuel products, particularly Palm Kernel Shells (PKS) and wood pellets. Geographically, the group generates a majority of its revenue from Malaysia, followed by Indonesia, Japan, Singapore, and Thailand.
18GF Score

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