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Northern Solar Holdings BhdXKLS:0340 18 Receivables Turnover is 0.60 as of Mar. 2026. GuruFocus rates XKLS:0340 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,018 Semiconductors companies, Northern Solar Holdings Bhd ranks worse than 73.18% 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. Northern Solar Holdings Bhd's Revenue for the
three
months ended in Mar. 2026 was RM20.7 Mil. Northern Solar Holdings Bhd's average Accounts Receivable for the
three
months ended in Mar. 2026 was RM34.6 Mil.
Hence, Northern Solar Holdings Bhd's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.60.
Northern Solar Holdings Bhd (XKLS:0340) 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.
Northern Solar Holdings Bhd Receivables Turnover Related Terms
Northern Solar Holdings Bhd Receivables Turnover Historical Data
* 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.
Northern Solar Holdings Bhd Receivables Turnover Chart
XKLS:0340 vs FSLR, NXT, ENPH: Receivables Turnover Comparison
For the Solar subindustry, Northern Solar 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.
Northern Solar Holdings Bhd Receivables Turnover vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Northern Solar Holdings Bhd's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Northern Solar Holdings Bhd's Receivables Turnover falls into.
* 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.
Northern Solar Holdings Bhd (XKLS:0340) has a Receivables Turnover of 0.60 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 Northern Solar Holdings Bhd and its competitors. According to the industry distribution chart, Northern Solar Holdings Bhd ranks #745 out of 1018 companies in the Semiconductors industry, placing it in the top 73.2%.
Is Northern Solar Holdings Bhd's Receivables Turnover too high?
Northern Solar Holdings Bhd's current Receivables Turnover is 0.60. The Semiconductors industry median Receivables Turnover is 5.82. Northern Solar Holdings Bhd's value of 0.60 is 89.7% below this industry median. Based on the distribution chart, Northern Solar Holdings Bhd ranks #745 out of 1018 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Northern Solar Holdings Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Northern Solar Holdings Bhd's Receivables Turnover compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Northern Solar Holdings Bhd ranks #745 out of 1018 companies for Receivables Turnover. This places Northern Solar Holdings Bhd in the lower half of its industry. The industry median Receivables Turnover is 5.82. Northern Solar Holdings Bhd's value of 0.60 is 89.7% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,018 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. Northern Solar Holdings Bhd's current Receivables Turnover of 0.60 is 89.7% 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 Northern Solar Holdings Bhd and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Solar Holdings Bhd's current Receivables Turnover is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Solar Holdings Bhd stock overvalued right now?
Northern Solar Holdings Bhd (XKLS:0340) has a current Receivables Turnover of 0.60. The current Receivables Turnover is 0.60 and 89.7% below the Semiconductors industry median of 5.82. Northern Solar Holdings Bhd's overall GF Score™ is 18/100 with 4 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 Northern Solar Holdings Bhd (XKLS:0340), the current Receivables Turnover is 0.60 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.
Northern Solar Holdings Bhd Group is principally involved in the EPCC of solar PV systems, Generation of renewable energy, and O&M of solar PV equipment and systems. Its EPCC of solar PV systems involves the provision of engineering design and planning, procurement and supply, construction, installation, testing, and commissioning of solar PV systems for commercial, industrial, and residential buildings. The Group owns, operates, and maintains rooftop solar PV systems that generate and sell electricity to NEM and SELCO consumers in Peninsular Malaysia. Its O&M of solar PV equipment and systems involves providing O&M services for solar PV equipment and systems installed in commercial, industrial, & residential buildings. The majority of revenue is derived from the EPCC of solar PV systems.
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