Olympia Industries Bhd (XKLS:3018) Receivables Turnover: 8.35 (As of Mar. 2026)

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What is Olympia Industries Bhd Receivables Turnover?

Olympia Industries Bhd XKLS:3018 Receivables Turnover is 8.35 as of Mar. 2026. The stock has 5 warning signs investors should review. Among 829 Travel & Leisure companies, Olympia Industries Bhd ranks better than 58.87% 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. Olympia Industries Bhd's Revenue for the three months ended in Mar. 2026 was RM24.76 Mil. Olympia Industries Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM2.96 Mil. Hence, Olympia Industries Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 8.35.


Olympia Industries Bhd  (XKLS:3018) 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.


Olympia Industries Bhd Receivables Turnover Related Terms


Olympia Industries Bhd Receivables Turnover Historical Data

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The historical data trend for Olympia Industries 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.

Olympia Industries Bhd Receivables Turnover Chart

Olympia Industries 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 32.35 26.97 29.37 32.77 29.33

Olympia Industries 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 5.26 3.48 4.40 4.87 8.35

XKLS:3018 vs FLUT, DKNG, SGHC: Receivables Turnover Comparison

For the Gambling subindustry, Olympia Industries 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.


Olympia Industries Bhd Receivables Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Olympia Industries Bhd's Receivables Turnover distribution charts can be found below:

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



Olympia Industries Bhd Receivables Turnover Calculation

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

Olympia Industries 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 )
=82.442 / ((3.804 + 1.817) / 2 )
=82.442 / 2.8105
=29.33

Olympia Industries 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 )
=24.755 / ((1.817 + 4.112) / 2 )
=24.755 / 2.9645
=8.35

* 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 8.35 mean?
Olympia Industries Bhd (XKLS:3018) has a Receivables Turnover of 8.35 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 Olympia Industries Bhd and its competitors. According to the industry distribution chart, Olympia Industries Bhd ranks #341 out of 829 companies in the Travel & Leisure industry, placing it in the top 41.1%.
Is Olympia Industries Bhd's Receivables Turnover too high?
Olympia Industries Bhd's current Receivables Turnover is 8.35. The Travel & Leisure industry median Receivables Turnover is 14.11. Olympia Industries Bhd's value of 8.35 is 40.8% below this industry median. Based on the distribution chart, Olympia Industries Bhd ranks #341 out of 829 companies in the Travel & Leisure industry, which is above the industry midpoint.
How does Olympia Industries Bhd's Receivables Turnover compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Olympia Industries Bhd ranks #341 out of 829 companies for Receivables Turnover. This puts Olympia Industries Bhd in the upper half of its industry. The industry median Receivables Turnover is 14.11. Olympia Industries Bhd's value of 8.35 is 40.8% 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.11, based on 829 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. Olympia Industries Bhd's current Receivables Turnover of 8.35 is 40.8% 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 Olympia Industries Bhd and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Olympia Industries Bhd's current Receivables Turnover is 8.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olympia Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Olympia Industries Bhd (XKLS:3018) is currently considered Fairly Valued. The stock's GF Value™ is RM0.06, compared to a current price of RM0.07 — trading 8.3% above its estimated fair value. The current Receivables Turnover is 8.35 and 40.8% below the Travel & Leisure industry median of 14.11. 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 Olympia Industries Bhd (XKLS:3018), the current Receivables Turnover is 8.35 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.

Olympia Industries Bhd Business Description

Address Jalan Raja Chulan, No. 8, Level 24, Menara Olympia, Kuala Lumpur, MYS, 50200
Olympia Industries Bhd is an investment holding company. Along with its subsidiaries, it operates in the following reportable segments: Leasing, Property development, Gaming, and Investment holding and dormant. The majority of the Group's revenue is generated from the Gaming segment, which includes organising, managing, and selling several forecast pools and public lotteries. The Property development segment includes the development of residential and commercial properties; the Leasing segment includes the rental of office and retail spaces and other related activities; and the Investment holding and dormant segment includes investment holding and other business units, including trading and retailing business. Geographically, the Group derives all its revenue from Malaysia.