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White Horse BhdXKLS:5009 31 Receivables Turnover is 1.12 as of Mar. 2026. GuruFocus rates XKLS:5009 with a GF Score™ of 31/100 and a GF Value™ of RM0.59 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 404 Building Materials companies, White Horse Bhd ranks worse than 66.09% 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. White Horse Bhd's Revenue for the
three
months ended in Mar. 2026 was RM73.4 Mil. White Horse Bhd's average Accounts Receivable for the
three
months ended in Mar. 2026 was RM65.4 Mil.
Hence, White Horse Bhd's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.12.
White Horse Bhd (XKLS:5009) 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.
White Horse Bhd Receivables Turnover Related Terms
White Horse Bhd Receivables Turnover Historical Data
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The historical data trend for White Horse 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:5009 vs CRH, VMC, MLM: Receivables Turnover Comparison
For the Building Materials subindustry, White Horse 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.
White Horse Bhd Receivables Turnover vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, White Horse Bhd's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where White Horse 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.
White Horse Bhd (XKLS:5009) has a Receivables Turnover of 1.12 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 White Horse Bhd and its competitors. According to the industry distribution chart, White Horse Bhd ranks #267 out of 404 companies in the Building Materials industry, placing it in the top 66.1%.
Is White Horse Bhd's Receivables Turnover too high?
White Horse Bhd's current Receivables Turnover is 1.12. The Building Materials industry median Receivables Turnover is 6.35. White Horse Bhd's value of 1.12 is 82.4% below this industry median. Based on the distribution chart, White Horse Bhd ranks #267 out of 404 companies in the Building Materials industry, which is below the industry midpoint. Overall, White Horse Bhd has a GF Score™ of 31/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does White Horse Bhd's Receivables Turnover compare to CRH and VMC?
According to the Building Materials industry distribution chart, White Horse Bhd ranks #267 out of 404 companies for Receivables Turnover. This places White Horse Bhd in the lower half of its industry. The industry median Receivables Turnover is 6.35. White Horse Bhd's value of 1.12 is 82.4% 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 Building Materials company?
The median Receivables Turnover among Building Materials companies is 6.35, based on 404 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. White Horse Bhd's current Receivables Turnover of 1.12 is 82.4% 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 White Horse Bhd and its competitors. For the Building Materials industry, the median Receivables Turnover is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. White Horse Bhd's current Receivables Turnover is 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is White Horse Bhd stock overvalued right now?
Based on GuruFocus' analysis, White Horse Bhd (XKLS:5009) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.59, compared to a current price of RM0.47 — trading 20.3% below its estimated fair value. The current Receivables Turnover is 1.12 and 82.4% below the Building Materials industry median of 6.35. White Horse 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 White Horse Bhd (XKLS:5009), the current Receivables Turnover is 1.12 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 White Horse Bhd (XKLS:5009) Overvalued in 2026?
Based on GuruFocus' analysis, White Horse Bhd stock appears to be undervalued.
The current stock price of RM0.47 is trading 20.3% below its estimated GF Value™ of RM0.59.
GuruFocus considers White Horse Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:5009:
Receivables Turnover: 1.12
GF Value™: RM0.59 vs. price of RM0.47 (20.3% below fair value)
Industry Position: 82.4% below the Building Materials median (#267 of 404)
No single metric tells the full story. See the XKLS:5009 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
White Horse Bhd. is an investment holding company, which is engaged in the manufacturing of ceramic wall, floor tiles and the provision of management services. Its segments include Malaysia, Vietnam, and Others. The Malaysia segment includes the manufacturing and distribution of ceramic homogenous tiles in Malaysia. The Vietnam segment includes the manufacturing and distribution of ceramic homogenous tiles in Vietnam. The other segments include the distribution of ceramic homogenous tiles in Indonesia, the Philippine, Singapore, and Thailand, and China. The product portfolio of the group consists of ceramic wall tiles, ceramic floor tiles and porcelain tiles. It generates the majority of revenue from the Malaysian segment.
31GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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