Zelan Bhd (XKLS:2283) Receivables Turnover: 0.13 (As of Mar. 2026)

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What is Zelan Bhd Receivables Turnover?

Zelan Bhd XKLS:2283 Receivables Turnover is 0.13 as of Mar. 2026. The stock has 8 warning signs investors should review. Among 1,763 Construction companies, Zelan Bhd ranks worse than 97.96% 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. Zelan Bhd's Revenue for the three months ended in Mar. 2026 was RM8.11 Mil. Zelan Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM60.77 Mil. Hence, Zelan Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 0.13.


Zelan Bhd  (XKLS:2283) 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.


Zelan Bhd Receivables Turnover Related Terms


Zelan Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Zelan 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.

Zelan Bhd Receivables Turnover Chart

Zelan Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.14 0.17 0.22 0.52

Zelan Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.13 0.13 0.13 0.13

XKLS:2283 vs PWR, FIX, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, Zelan 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.


Zelan Bhd Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Zelan Bhd's Receivables Turnover distribution charts can be found below:

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



Zelan Bhd Receivables Turnover Calculation

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

Zelan 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 )
=28.963 / ((52.991 + 58.562) / 2 )
=28.963 / 55.7765
=0.52

Zelan 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 )
=8.112 / ((58.562 + 62.985) / 2 )
=8.112 / 60.7735
=0.13

* 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 0.13 mean?
Zelan Bhd (XKLS:2283) has a Receivables Turnover of 0.13 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 Zelan Bhd and its competitors. According to the industry distribution chart, Zelan Bhd ranks #1727 out of 1763 companies in the Construction industry, placing it in the top 98%.
Is Zelan Bhd's Receivables Turnover too high?
Zelan Bhd's current Receivables Turnover is 0.13. The Construction industry median Receivables Turnover is 4.78. Zelan Bhd's value of 0.13 is 97.3% below this industry median. Based on the distribution chart, Zelan Bhd ranks #1727 out of 1763 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does Zelan Bhd's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Zelan Bhd ranks #1727 out of 1763 companies for Receivables Turnover. This places Zelan Bhd in the lower half of its industry. The industry median Receivables Turnover is 4.78. Zelan Bhd's value of 0.13 is 97.3% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.78, based on 1,763 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. Zelan Bhd's current Receivables Turnover of 0.13 is 97.3% 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 Zelan Bhd and its competitors. For the Construction industry, the median Receivables Turnover is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zelan Bhd's current Receivables Turnover is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zelan Bhd stock overvalued right now?
Based on GuruFocus' analysis, Zelan Bhd (XKLS:2283) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.07 — trading 133.3% above its estimated fair value. The current Receivables Turnover is 0.13 and 97.3% below the Construction industry median of 4.78. 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 Zelan Bhd (XKLS:2283), the current Receivables Turnover is 0.13 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.

Zelan Bhd Business Description

Address No. 1, Jalan Tasik Permaisuri 2, 24th Floor, Wisma Zelan, Bandar Tun Razak, Cheras, Kuala Lumpur, SGR, MYS, 56000
Zelan Bhd is a company involved in the engineering and construction business sector. The company business segments are the Engineering and Construction segment, which includes projects in Indonesia, the Middle East, and Malaysia, the Property and Development business segment, which includes rental income, car park income, and management fees; the Asset facility management business segment are asset management services provided for the concession agreement; and Investment business segment includes rental income. The majority of the revenue is derived from Asset facility management segment.