Techstore Bhd (XKLS:0343) Receivables Turnover: 2.47 (As of Mar. 2026)

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XKLS:0343 Techstore Bhd XKLS:0343
16 GF Score
Price RM0.17
! 2 Warning Signs
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What is Techstore Bhd Receivables Turnover?

Techstore Bhd XKLS:0343 16 Receivables Turnover is 2.47 as of Mar. 2026. GuruFocus rates XKLS:0343 with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 2,784 Software companies, Techstore Bhd ranks worse than 75.04% 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. Techstore Bhd's Revenue for the three months ended in Mar. 2026 was RM18.19 Mil. Techstore Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM7.36 Mil. Hence, Techstore Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 2.47.


Techstore Bhd  (XKLS:0343) 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.


Techstore Bhd Receivables Turnover Related Terms


Techstore Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Techstore 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.

Techstore Bhd Receivables Turnover Chart

Techstore Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
8.33 9.29 9.34 6.02 6.66

Techstore Bhd Quarterly Data
Dec21 Dec22 Dec23 Jul24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 1.25 0.00 2.24 2.47

XKLS:0343 vs IBM, ACN, FISV: Receivables Turnover Comparison

For the Information Technology Services subindustry, Techstore 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.


Techstore Bhd Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Techstore Bhd's Receivables Turnover distribution charts can be found below:

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


XKLS:0343
16GF Score
Techstore Bhd XKLS:0343
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Techstore Bhd Receivables Turnover Calculation

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

Techstore 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 )
=73.333 / ((13.926 + 8.101) / 2 )
=73.333 / 11.0135
=6.66

Techstore 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 )
=18.192 / ((8.101 + 6.617) / 2 )
=18.192 / 7.359
=2.47

* 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 2.47 mean?
Techstore Bhd (XKLS:0343) has a Receivables Turnover of 2.47 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 Techstore Bhd and its competitors. According to the industry distribution chart, Techstore Bhd ranks #2089 out of 2784 companies in the Software industry, placing it in the top 75%.
Is Techstore Bhd's Receivables Turnover too high?
Techstore Bhd's current Receivables Turnover is 2.47. The Software industry median Receivables Turnover is 5.99. Techstore Bhd's value of 2.47 is 58.7% below this industry median. Based on the distribution chart, Techstore Bhd ranks #2089 out of 2784 companies in the Software industry, which is below the industry midpoint. Overall, Techstore Bhd has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Techstore Bhd's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, Techstore Bhd ranks #2089 out of 2784 companies for Receivables Turnover. This places Techstore Bhd in the lower half of its industry. The industry median Receivables Turnover is 5.99. Techstore Bhd's value of 2.47 is 58.7% 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 Software company?
The median Receivables Turnover among Software companies is 5.99, based on 2,784 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. Techstore Bhd's current Receivables Turnover of 2.47 is 58.7% 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 Techstore Bhd and its competitors. For the Software industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techstore Bhd's current Receivables Turnover is 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techstore Bhd stock overvalued right now?
Techstore Bhd (XKLS:0343) has a current Receivables Turnover of 2.47. The current Receivables Turnover is 2.47 and 58.7% below the Software industry median of 5.99. Techstore Bhd's overall GF Score™ is 16/100 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 Techstore Bhd (XKLS:0343), the current Receivables Turnover is 2.47 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.

Techstore Bhd Business Description

Address 20-2, Jalan Suria Puchong 6, Pusat Perniagaan Suria Puchong, Puchong, SGR, MYS, 47110
Techstore Bhd is an investment holding company. Through its subsidiaries, it is involved in the provision of enterprise IT services, including IT security and automation solutions to support its customers' operations. Its solutions require communication with its customers to provide them with design, development, customization, implementation, testing, and integration of the solutions to meet their application needs. The company also provides its customers with maintenance and support services for the IT solutions that it delivers. The group's segment includes: Design and Implementation; and Maintenance and Support. It derives the majority of its revenue from Maintenance and Support, which also includes leasing of equipment.
16GF Score

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

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