Pan Merchant Bhd (XKLS:0361) Receivables Turnover: 1.14 (As of Mar. 2026)

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XKLS:0361 Pan Merchant Bhd XKLS:0361
15 GF Score
Price RM0.22
! 2 Warning Signs
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What is Pan Merchant Bhd Receivables Turnover?

Pan Merchant Bhd XKLS:0361 +2.33% 15 Receivables Turnover is 1.14 as of Mar. 2026. GuruFocus rates XKLS:0361 with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 3,034 Industrial Products companies, Pan Merchant Bhd ranks better than 84.05% 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. Pan Merchant Bhd's Revenue for the three months ended in Mar. 2026 was RM16.0 Mil. Pan Merchant Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM14.0 Mil. Hence, Pan Merchant Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 1.14.


Pan Merchant Bhd  (XKLS:0361) 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.


Pan Merchant Bhd Receivables Turnover Related Terms


Pan Merchant Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Pan Merchant 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.

Pan Merchant Bhd Receivables Turnover Chart

Pan Merchant Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
3.49 4.93 4.53 4.76 5.58

Pan Merchant Bhd Quarterly Data
Dec21 Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 0.89 1.45 1.76 2.92 1.14

XKLS:0361 vs GEV, ETN, PH: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, Pan Merchant 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.


Pan Merchant Bhd Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pan Merchant Bhd's Receivables Turnover distribution charts can be found below:

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


XKLS:0361
15GF Score
Pan Merchant Bhd XKLS:0361
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Pan Merchant Bhd Receivables Turnover Calculation

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

Pan Merchant 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 )
=126.037 / ((30.826 + 14.319) / 2 )
=126.037 / 22.5725
=5.58

Pan Merchant 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 )
=15.986 / ((14.319 + 13.605) / 2 )
=15.986 / 13.962
=1.14

* 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 1.14 mean?
Pan Merchant Bhd (XKLS:0361) has a Receivables Turnover of 1.14 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 Pan Merchant Bhd and its competitors. According to the industry distribution chart, Pan Merchant Bhd ranks #484 out of 3034 companies in the Industrial Products industry, placing it in the top 16%.
Is Pan Merchant Bhd's Receivables Turnover too high?
Pan Merchant Bhd's current Receivables Turnover is 1.14. The Industrial Products industry median Receivables Turnover is 4.45. Pan Merchant Bhd's value of 1.14 is 74.4% below this industry median. Based on the distribution chart, Pan Merchant Bhd ranks #484 out of 3034 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Pan Merchant Bhd has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Pan Merchant Bhd's Receivables Turnover compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Pan Merchant Bhd ranks #484 out of 3034 companies for Receivables Turnover. This places Pan Merchant Bhd in the top 16% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.45. Pan Merchant Bhd's value of 1.14 is 74.4% 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 Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,034 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. Pan Merchant Bhd's current Receivables Turnover of 1.14 is 74.4% 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 Pan Merchant Bhd and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan Merchant Bhd's current Receivables Turnover is 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan Merchant Bhd stock overvalued right now?
Pan Merchant Bhd (XKLS:0361) has a current Receivables Turnover of 1.14. The current Receivables Turnover is 1.14 and 74.4% below the Industrial Products industry median of 4.45. Pan Merchant Bhd's overall GF Score™ is 15/100 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 Pan Merchant Bhd (XKLS:0361), the current Receivables Turnover is 1.14 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.

Pan Merchant Bhd Business Description

Address Nos. 17 & 19, Jalan Pengacara U1/48, Temasya Industrial Park, Shah Alam, SGR, MYS, 40150
Pan Merchant Bhd is a homegrown solid-liquid filtration solutions provider by revenue, with a track record of designing, manufacturing, assembling, delivering, and commissioning filters. It leverages its in-house design and process engineering expertise to supply customised filtration solutions for large-scale and complex projects, in compliance with specific customer requirements and international standards. It is involved in the business of a solutions provider of solid-liquid filtration equipment, fabrication of steelworks, and technical support services in Malaysia. Its segments are: namely, Filtration Solutions, Steel Works, and Technical Support Services, with the Filtration Solutions segment generating the maximum revenue. The Group generates maximum revenue from Europe.
15GF Score

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