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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. Comfort Gloves Bhd's Revenue for the
three
months ended in Mar. 2026 was RM67.8 Mil. Comfort Gloves Bhd's average Accounts Receivable for the
three
months ended in Mar. 2026 was RM51.6 Mil.
Hence, Comfort Gloves Bhd's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.32.
Comfort Gloves Bhd (XKLS:2127) 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.
Comfort Gloves Bhd Receivables Turnover Related Terms
Comfort Gloves Bhd Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Comfort Gloves 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.
XKLS:2127 vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Comfort Gloves 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.
Comfort Gloves Bhd Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Comfort Gloves Bhd's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Comfort Gloves 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.
Comfort Gloves Bhd (XKLS:2127) has a Receivables Turnover of 1.32 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 Comfort Gloves Bhd and its competitors. According to the industry distribution chart, Comfort Gloves Bhd ranks #1063 out of 1577 companies in the Chemicals industry, placing it in the top 67.4%.
Is Comfort Gloves Bhd's Receivables Turnover too high?
Comfort Gloves Bhd's current Receivables Turnover is 1.32. The Chemicals industry median Receivables Turnover is 5.60. Comfort Gloves Bhd's value of 1.32 is 76.4% below this industry median. Based on the distribution chart, Comfort Gloves Bhd ranks #1063 out of 1577 companies in the Chemicals industry, which is below the industry midpoint. Overall, Comfort Gloves Bhd has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Comfort Gloves Bhd's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Comfort Gloves Bhd ranks #1063 out of 1577 companies for Receivables Turnover. This places Comfort Gloves Bhd in the lower half of its industry. The industry median Receivables Turnover is 5.60. Comfort Gloves Bhd's value of 1.32 is 76.4% 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 a Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.60, based on 1,577 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. Comfort Gloves Bhd's current Receivables Turnover of 1.32 is 76.4% 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 Comfort Gloves Bhd and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comfort Gloves Bhd's current Receivables Turnover is 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comfort Gloves Bhd stock overvalued right now?
Based on GuruFocus' analysis, Comfort Gloves Bhd (XKLS:2127) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.25, compared to a current price of RM0.13 — trading 50% below its estimated fair value. The current Receivables Turnover is 1.32 and 76.4% below the Chemicals industry median of 5.60. Comfort Gloves Bhd's overall GF Score™ is 31/100 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 Comfort Gloves Bhd (XKLS:2127), the current Receivables Turnover is 1.32 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 Comfort Gloves Bhd (XKLS:2127) Overvalued in 2026?
Based on GuruFocus' analysis, Comfort Gloves Bhd stock appears to be undervalued.
The current stock price of RM0.13 is trading 50% below its estimated GF Value™ of RM0.25.
GuruFocus considers Comfort Gloves Bhd to be Possible Value Trap.
Key valuation signals for XKLS:2127:
Receivables Turnover: 1.32
GF Value™: RM0.25 vs. price of RM0.13 (50% below fair value)
Industry Position: 76.4% below the Chemicals median (#1063 of 1577)
No single metric tells the full story. See the XKLS:2127 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Comfort Gloves Bhd is engaged in the manufacturing and trading of nitrile and latex gloves. The operating segments of the company include Manufacturing engaged in manufacturing and trading of latex gloves; Investment holding engaged in investment holding and provision of management services; Trading engaged in trading of latex gloves; and Others. Majority of the revenue is derived from the Manufacturing segment. Geographically, it operates in Malaysia, United States of America and Canada, Asia (excluding Malaysia), Europe, and Others with Majority of the revenue deriving from United States of America and Canada.
31GF Score
Get the complete analysis for XKLS:2127
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