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.
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.
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. Mega First Bhd's Revenue for the
three
months ended in Mar. 2026 was RM305 Mil. Mega First Bhd's average Accounts Receivable for the
three
months ended in Mar. 2026 was RM224 Mil.
Hence, Mega First Bhd's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.36.
Mega First Bhd (XKLS:3069) 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.
Mega First Bhd Receivables Turnover Related Terms
Mega First Bhd Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Mega First 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:3069 vs NEE, SO, DUK: Receivables Turnover Comparison
For the Utilities - Regulated Electric subindustry, Mega First 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.
Mega First Bhd Receivables Turnover vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Mega First Bhd's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Mega First 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.
Mega First Bhd (XKLS:3069) has a Receivables Turnover of 1.36 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 Mega First Bhd and its competitors. According to the industry distribution chart, Mega First Bhd ranks #325 out of 497 companies in the Utilities - Regulated industry, placing it in the top 65.4%.
Is Mega First Bhd's Receivables Turnover too high?
Mega First Bhd's current Receivables Turnover is 1.36. The Utilities - Regulated industry median Receivables Turnover is 6.77. Mega First Bhd's value of 1.36 is 79.9% below this industry median. Based on the distribution chart, Mega First Bhd ranks #325 out of 497 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Mega First Bhd has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mega First Bhd's Receivables Turnover compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Mega First Bhd ranks #325 out of 497 companies for Receivables Turnover. This places Mega First Bhd in the lower half of its industry. The industry median Receivables Turnover is 6.77. Mega First Bhd's value of 1.36 is 79.9% 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 - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.77, based on 497 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. Mega First Bhd's current Receivables Turnover of 1.36 is 79.9% 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 Mega First Bhd and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega First Bhd's current Receivables Turnover is 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega First Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mega First Bhd (XKLS:3069) is currently considered Fairly Valued. The stock's GF Value™ is RM3.18, compared to a current price of RM2.90 — trading 8.8% below its estimated fair value. The current Receivables Turnover is 1.36 and 79.9% below the Utilities - Regulated industry median of 6.77. Mega First Bhd's overall GF Score™ is 74/100 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 Mega First Bhd (XKLS:3069), the current Receivables Turnover is 1.36 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 Mega First Bhd (XKLS:3069) Overvalued in 2026?
Based on GuruFocus' analysis, Mega First Bhd stock appears to be undervalued.
The current stock price of RM2.90 is trading 8.8% below its estimated GF Value™ of RM3.18.
GuruFocus considers Mega First Bhd to be Fairly Valued.
Key valuation signals for XKLS:3069:
Receivables Turnover: 1.36
GF Value™: RM3.18 vs. price of RM2.90 (8.8% below fair value)
Industry Position: 79.9% below the Utilities - Regulated median (#325 of 497)
No single metric tells the full story. See the XKLS:3069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mega First Corp Bhd is an investment holding company. The group is organized into three main business segments as follows - Renewable Energy, Resources, Packaging, and Investment Renewable Holding and Others. The Renewable Energy segment builds, owns, and operates renewable power plants. The Resources segment is engaged in the quarrying of limestone, manufacturing and trading of lime products, and calcium carbonate powder. The Packaging segment is engaged in the Manufacturing and distribution of flexible packaging materials and products, paper bags, labels and stickers. The majority of its revenue is derived from the Renewable Energy segment. Geographically, the company derives majority of its revenue from the Lao PDR.
74GF Score
Get the complete analysis for XKLS:3069
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:3069 has been successfully added to your 
