JS Solar Holding Bhd (XKLS:0369) Receivables Turnover: 1.06 (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:0369 JS Solar Holding Bhd XKLS:0369
4 GF Score
Price RM0.19
! 6 Warning Signs
View Full Analysis

What is JS Solar Holding Bhd Receivables Turnover?

JS Solar Holding Bhd XKLS:0369 -2.56% 4 Receivables Turnover is 1.06 as of Mar. 2026. GuruFocus rates XKLS:0369 with a GF Score™ of 4/100. The stock has 6 warning signs investors should review. Among 412 Utilities - Independent Power Producers companies, JS Solar Holding Bhd ranks worse than 73.3% 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. JS Solar Holding Bhd's Revenue for the three months ended in Mar. 2026 was RM26.50 Mil. JS Solar Holding Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM25.02 Mil. Hence, JS Solar Holding Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 1.06.


JS Solar Holding Bhd  (XKLS:0369) 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.


JS Solar Holding Bhd Receivables Turnover Related Terms


JS Solar Holding Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for JS Solar Holding 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.

JS Solar Holding Bhd Receivables Turnover Chart

JS Solar Holding Bhd Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
4.12 8.69 6.11 5.95 3.88

JS Solar Holding Bhd Quarterly Data
Mar22 Mar23 Mar24 Mar25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial 0.00 0.00 0.77 1.12 1.06

JS Solar Holding Bhd Receivables Turnover Competitor Comparison

For the Utilities - Renewable subindustry, JS Solar Holding 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.


JS Solar Holding Bhd Receivables Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, JS Solar Holding Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where JS Solar Holding Bhd's Receivables Turnover falls into.


XKLS:0369
4GF Score
JS Solar Holding Bhd XKLS:0369
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JS Solar Holding Bhd Receivables Turnover Calculation

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

JS Solar Holding Bhd's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=96.565 / ((27.667 + 22.087) / 2 )
=96.565 / 24.877
=3.88

JS Solar Holding 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 )
=26.504 / ((27.958 + 22.087) / 2 )
=26.504 / 25.0225
=1.06

* 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 1.06 mean?
JS Solar Holding Bhd (XKLS:0369) has a Receivables Turnover of 1.06 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 JS Solar Holding Bhd and its competitors. According to the industry distribution chart, JS Solar Holding Bhd ranks #302 out of 412 companies in the Utilities - Independent Power Producers industry, placing it in the top 73.3%.
Is JS Solar Holding Bhd's Receivables Turnover too high?
JS Solar Holding Bhd's current Receivables Turnover is 1.06. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.73. JS Solar Holding Bhd's value of 1.06 is 81.5% below this industry median. Based on the distribution chart, JS Solar Holding Bhd ranks #302 out of 412 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, JS Solar Holding Bhd has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does JS Solar Holding Bhd's Receivables Turnover compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, JS Solar Holding Bhd ranks #302 out of 412 companies for Receivables Turnover. This places JS Solar Holding Bhd in the lower half of its industry. The industry median Receivables Turnover is 5.73. JS Solar Holding Bhd's value of 1.06 is 81.5% 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 Utilities - Independent Power Producers company?
The median Receivables Turnover among Utilities - Independent Power Producers companies is 5.73, based on 412 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. JS Solar Holding Bhd's current Receivables Turnover of 1.06 is 81.5% 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 JS Solar Holding Bhd and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JS Solar Holding Bhd's current Receivables Turnover is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JS Solar Holding Bhd stock overvalued right now?
JS Solar Holding Bhd (XKLS:0369) has a current Receivables Turnover of 1.06. The current Receivables Turnover is 1.06 and 81.5% below the Utilities - Independent Power Producers industry median of 5.73. JS Solar Holding Bhd's overall GF Score™ is 4/100 with 6 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 JS Solar Holding Bhd (XKLS:0369), the current Receivables Turnover is 1.06 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.

JS Solar Holding Bhd Business Description

Address B-05, Jalan Delta U6/18, Taman Perindustrian Sunway Subang, Seksyen U6, Shah Alam, SGR, MYS
JS Solar Holding Bhd is principally an investment holding company. Through its Subsidiaries, it is principally involved in the provision of EPCC services and contracting services for solar PV systems. The company also complement its solar PV system projects through the provision of O&M services to assist its customers in operating and maintaining their solar PV systems.
4GF Score

Get the complete analysis for XKLS:0369

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

RM0.19
Price