Steel Hawk Bhd (XKLS:0320) Receivables Turnover: 0.21 (As of Jun. 2026)

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What is Steel Hawk Bhd Receivables Turnover?

Steel Hawk Bhd XKLS:0320 Receivables Turnover is 0.21 as of Jun. 2026. The stock has 10 warning signs investors should review. Among 896 Oil & Gas companies, Steel Hawk Bhd ranks worse than 95.09% 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. Steel Hawk Bhd's Revenue for the three months ended in Jun. 2026 was RM17.72 Mil. Steel Hawk Bhd's average Accounts Receivable for the three months ended in Jun. 2026 was RM86.06 Mil. Hence, Steel Hawk Bhd's Receivables Turnover for the three months ended in Jun. 2026 was 0.21.


Steel Hawk Bhd  (XKLS:0320) 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.


Steel Hawk Bhd Receivables Turnover Related Terms


Steel Hawk Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Steel Hawk 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.

Steel Hawk Bhd Receivables Turnover Chart

Steel Hawk Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 61.57 12.41 10.44 7.83 2.14

Steel Hawk Bhd Quarterly Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.88 0.62 0.21 0.21

XKLS:0320 vs SLB, BKR, HAL: Receivables Turnover Comparison

For the Oil & Gas Equipment & Services subindustry, Steel Hawk 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.


Steel Hawk Bhd Receivables Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Steel Hawk Bhd's Receivables Turnover distribution charts can be found below:

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



Steel Hawk Bhd Receivables Turnover Calculation

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

Steel Hawk 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 )
=122.259 / ((16.546 + 97.579) / 2 )
=122.259 / 57.0625
=2.14

Steel Hawk Bhd's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=17.715 / ((99.444 + 72.682) / 2 )
=17.715 / 86.063
=0.21

* 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 0.21 mean?
Steel Hawk Bhd (XKLS:0320) has a Receivables Turnover of 0.21 as of Jun. 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 Steel Hawk Bhd and its competitors. According to the industry distribution chart, Steel Hawk Bhd ranks #852 out of 896 companies in the Oil & Gas industry, placing it in the top 95.1%.
Is Steel Hawk Bhd's Receivables Turnover too high?
Steel Hawk Bhd's current Receivables Turnover is 0.21. The Oil & Gas industry median Receivables Turnover is 8.05. Steel Hawk Bhd's value of 0.21 is 97.4% below this industry median. Based on the distribution chart, Steel Hawk Bhd ranks #852 out of 896 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Steel Hawk Bhd's Receivables Turnover compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Steel Hawk Bhd ranks #852 out of 896 companies for Receivables Turnover. This places Steel Hawk Bhd in the lower half of its industry. The industry median Receivables Turnover is 8.05. Steel Hawk Bhd's value of 0.21 is 97.4% 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 Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 8.05, based on 896 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. Steel Hawk Bhd's current Receivables Turnover of 0.21 is 97.4% 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 Steel Hawk Bhd and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 8.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Hawk Bhd's current Receivables Turnover is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Hawk Bhd stock overvalued right now?
Based on GuruFocus' analysis, Steel Hawk Bhd (XKLS:0320) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.23, compared to a current price of RM0.10 — trading 56.5% below its estimated fair value. The current Receivables Turnover is 0.21 and 97.4% below the Oil & Gas industry median of 8.05. 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 Steel Hawk Bhd (XKLS:0320), the current Receivables Turnover is 0.21 as of Jun. 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.

Steel Hawk Bhd Business Description

Industry EnergyOil & Gas
Address Jalan PJU 1/37, 23-2 & 25-2, Block H Dataran Prima, Petaling Jaya, SGR, MYS, 47301
Steel Hawk Bhd is engaged in investment holding company. It operates as an integrated engineering and industrial solutions provider supporting the energy, infrastructure, and utilities sectors. It is principally involved in the provision of EPCC services, as well as onshore and offshore support services for the O&G industry. The group's segments are EPCC services and facilities improvement/maintenance, I&M of oilfield equipment, and Supply of oilfield equipment. It generates maximum revenue from EPCC services and facilities improvement/maintenance that includes the provision of EPCC services for chemical injection skids installed at onshore or offshore exploration and production facilities, and other services. Geographically, it derives key revenue from its customers within Malaysia.