Topvision Eye Specialist Bhd (XKLS:0332) Receivables Turnover: 11.43 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:0332 Topvision Eye Specialist Bhd XKLS:0332
57 GF Score
Price RM0.16
GF Value RM0.69
Valuation Significantly Undervalued
! 8 Warning Signs
View Full Analysis

What is Topvision Eye Specialist Bhd Receivables Turnover?

Topvision Eye Specialist Bhd XKLS:0332 57 Receivables Turnover is 11.43 as of Mar. 2026. GuruFocus rates XKLS:0332 with a GF Score™ of 57/100 and a GF Value™ of RM0.69 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 658 Healthcare Providers & Services companies, Topvision Eye Specialist Bhd ranks better than 91.79% 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. Topvision Eye Specialist Bhd's Revenue for the three months ended in Mar. 2026 was RM10.02 Mil. Topvision Eye Specialist Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM0.88 Mil. Hence, Topvision Eye Specialist Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 11.43.


Topvision Eye Specialist Bhd  (XKLS:0332) 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.


Topvision Eye Specialist Bhd Receivables Turnover Related Terms


Topvision Eye Specialist Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Topvision Eye Specialist 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.

Topvision Eye Specialist Bhd Receivables Turnover Chart

Topvision Eye Specialist Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.03 15.16 33.77 32.31 40.01

Topvision Eye Specialist Bhd Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.69 9.12 10.54 12.66 11.43

XKLS:0332 vs HCA, THC, DVA: Receivables Turnover Comparison

For the Medical Care Facilities subindustry, Topvision Eye Specialist 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.


Topvision Eye Specialist Bhd Receivables Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Topvision Eye Specialist Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Topvision Eye Specialist Bhd's Receivables Turnover falls into.


XKLS:0332
57GF Score
Topvision Eye Specialist Bhd XKLS:0332
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Topvision Eye Specialist Bhd Receivables Turnover Calculation

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

Topvision Eye Specialist 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 )
=45.811 / ((1.325 + 0.965) / 2 )
=45.811 / 1.145
=40.01

Topvision Eye Specialist 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 )
=10.022 / ((0.965 + 0.789) / 2 )
=10.022 / 0.877
=11.43

* 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 11.43 mean?
Topvision Eye Specialist Bhd (XKLS:0332) has a Receivables Turnover of 11.43 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 Topvision Eye Specialist Bhd and its competitors. According to the industry distribution chart, Topvision Eye Specialist Bhd ranks #54 out of 658 companies in the Healthcare Providers & Services industry, placing it in the top 8.2%.
Is Topvision Eye Specialist Bhd's Receivables Turnover too high?
Topvision Eye Specialist Bhd's current Receivables Turnover is 11.43. The Healthcare Providers & Services industry median Receivables Turnover is 7.73. Topvision Eye Specialist Bhd's value of 11.43 is 48% above this industry median. Based on the distribution chart, Topvision Eye Specialist Bhd ranks #54 out of 658 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Topvision Eye Specialist Bhd has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Topvision Eye Specialist Bhd's Receivables Turnover compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Topvision Eye Specialist Bhd ranks #54 out of 658 companies for Receivables Turnover. This places Topvision Eye Specialist Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.73. Topvision Eye Specialist Bhd's value of 11.43 is 48% 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 Healthcare Providers & Services company?
The median Receivables Turnover among Healthcare Providers & Services companies is 7.73, based on 658 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. Topvision Eye Specialist Bhd's current Receivables Turnover of 11.43 is 48% 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 Topvision Eye Specialist Bhd and its competitors. For the Healthcare Providers & Services industry, the median Receivables Turnover is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topvision Eye Specialist Bhd's current Receivables Turnover is 11.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topvision Eye Specialist Bhd stock overvalued right now?
Based on GuruFocus' analysis, Topvision Eye Specialist Bhd (XKLS:0332) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.69, compared to a current price of RM0.16 — trading 76.8% below its estimated fair value. The current Receivables Turnover is 11.43 and 48% above the Healthcare Providers & Services industry median of 7.73. Topvision Eye Specialist Bhd's overall GF Score™ is 57/100 with 8 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 Topvision Eye Specialist Bhd (XKLS:0332), the current Receivables Turnover is 11.43 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.

Is Topvision Eye Specialist Bhd (XKLS:0332) Overvalued in 2026?

Based on GuruFocus' analysis, Topvision Eye Specialist Bhd stock appears to be undervalued. The current stock price of RM0.16 is trading 76.8% below its estimated GF Value™ of RM0.69. GuruFocus considers Topvision Eye Specialist Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0332:

  • Receivables Turnover: 11.43
  • GF Value™: RM0.69 vs. price of RM0.16 (76.8% below fair value)
  • GF Score™: 57/100 with 8 warning signs
  • Industry Position: 48% above the Healthcare Providers & Services median (#54 of 658)

No single metric tells the full story. See the XKLS:0332 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topvision Eye Specialist Bhd Business Description

Address Jalan Setia Prima (S) U13/S, Unit 11-2 & 11-3, No.2, Block 2, Setia Alam, Section U13, Shah Alam, SGR, MYS, 40170
Topvision Eye Specialist Bhd is principally involved in the provision of ophthalmology services and related medical consultancy services. The company is also engaged in the marketing of eye supplements and health food products. The company derives a majority of its revenue from its ophthalmology services business, providing treatments for general as well as complex eye diseases. Geographically, it operates in Malaysia.
57GF Score

Get the complete analysis for XKLS:0332

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.16
Price
RM0.69
GF Value