Cropmate Bhd (XKLS:0331) Receivables Turnover: 2.12 (As of Mar. 2026)


XKLS:0331 Cropmate Bhd XKLS:0331
18 GF Score
Price RM0.18
! 2 Warning Signs
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What is Cropmate Bhd Receivables Turnover?

Cropmate Bhd XKLS:0331 +5.88% 18 Receivables Turnover is 2.12 as of Mar. 2026. GuruFocus rates XKLS:0331 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 244 Agriculture companies, Cropmate Bhd ranks better than 59.43% 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. Cropmate Bhd's Revenue for the three months ended in Mar. 2026 was RM58.6 Mil. Cropmate Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM27.6 Mil. Hence, Cropmate Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 2.12.


Cropmate Bhd  (XKLS:0331) 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.


Cropmate Bhd Receivables Turnover Related Terms


Cropmate Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Cropmate 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.

Cropmate Bhd Receivables Turnover Chart

Cropmate Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
8.16 11.98 8.74 8.56 9.14

Cropmate Bhd Quarterly Data
Dec21 Dec22 Dec23 May24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.90 1.53 2.11 1.65 2.12

XKLS:0331 vs CTVA, CF, MOS: Receivables Turnover Comparison

For the Agricultural Inputs subindustry, Cropmate 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.


Cropmate Bhd Receivables Turnover vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Cropmate Bhd's Receivables Turnover distribution charts can be found below:

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


XKLS:0331
18GF Score
Cropmate Bhd XKLS:0331
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Cropmate Bhd Receivables Turnover Calculation

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

Cropmate 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 )
=196.541 / ((20.966 + 22.035) / 2 )
=196.541 / 21.5005
=9.14

Cropmate 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 )
=58.566 / ((22.035 + 33.093) / 2 )
=58.566 / 27.564
=2.12

* 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 2.12 mean?
Cropmate Bhd (XKLS:0331) has a Receivables Turnover of 2.12 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 Cropmate Bhd and its competitors. According to the industry distribution chart, Cropmate Bhd ranks #99 out of 244 companies in the Agriculture industry, placing it in the top 40.6%.
Is Cropmate Bhd's Receivables Turnover too high?
Cropmate Bhd's current Receivables Turnover is 2.12. The Agriculture industry median Receivables Turnover is 5.46. Cropmate Bhd's value of 2.12 is 61.2% below this industry median. Based on the distribution chart, Cropmate Bhd ranks #99 out of 244 companies in the Agriculture industry, which is above the industry midpoint. Overall, Cropmate Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Cropmate Bhd's Receivables Turnover compare to CTVA and CF?
According to the Agriculture industry distribution chart, Cropmate Bhd ranks #99 out of 244 companies for Receivables Turnover. This puts Cropmate Bhd in the upper half of its industry. The industry median Receivables Turnover is 5.46. Cropmate Bhd's value of 2.12 is 61.2% 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 Agriculture company?
The median Receivables Turnover among Agriculture companies is 5.46, based on 244 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. Cropmate Bhd's current Receivables Turnover of 2.12 is 61.2% 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 Cropmate Bhd and its competitors. For the Agriculture industry, the median Receivables Turnover is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cropmate Bhd's current Receivables Turnover is 2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cropmate Bhd stock overvalued right now?
Cropmate Bhd (XKLS:0331) has a current Receivables Turnover of 2.12. The current Receivables Turnover is 2.12 and 61.2% below the Agriculture industry median of 5.46. Cropmate 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 Cropmate Bhd (XKLS:0331), the current Receivables Turnover is 2.12 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.

Cropmate Bhd Business Description

Address Jalan Telok Gong KS/10, Lot 8949, Kampung Nelayan, Telok Gong, Darul Ehsan, Pelabuhan Klang, SGR, MYS, 42000
Cropmate Bhd is an holding company and operates through its subsidiary. It is engaged in the formulation and blending of conventional and specialty fertilisers as well as trading of straight fertilisers and related products. Its fertilisers are sold under brand Cropmate Dua Daun. Also in addition, it is involved in the trading of straight fertilisers and related products. The products includes Compacted Fertilisers, Blended Fertilisers and Specialty Fertilisers. The company has two segments: Investment holding and Manufacturing. Key revenue is generated from Manufacturing.
18GF Score

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