TAS Offshore Bhd (XKLS:5149) Receivables Turnover: 0.99 (As of Feb. 2026)

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XKLS:5149 TAS Offshore Bhd XKLS:5149
51 GF Score
Price RM0.52
GF Value RM0.87
Valuation Significantly Undervalued
! 3 Warning Signs
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What is TAS Offshore Bhd Receivables Turnover?

TAS Offshore Bhd XKLS:5149 51 Receivables Turnover is 0.99 as of Feb. 2026. GuruFocus rates XKLS:5149 with a GF Score™ of 51/100 and a GF Value™ of RM0.87 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 346 Aerospace & Defense companies, TAS Offshore Bhd ranks better than 67.05% 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. TAS Offshore Bhd's Revenue for the three months ended in Feb. 2026 was RM24.1 Mil. TAS Offshore Bhd's average Accounts Receivable for the three months ended in Feb. 2026 was RM24.3 Mil. Hence, TAS Offshore Bhd's Receivables Turnover for the three months ended in Feb. 2026 was 0.99.


TAS Offshore Bhd  (XKLS:5149) 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.


TAS Offshore Bhd Receivables Turnover Related Terms


TAS Offshore Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for TAS Offshore 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.

TAS Offshore Bhd Receivables Turnover Chart

TAS Offshore Bhd Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.25 10.46 3.82 3.12 6.93

TAS Offshore Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.82 1.97 3.27 2.19 0.99

XKLS:5149 vs SPCX, GE, RTX: Receivables Turnover Comparison

For the Aerospace & Defense subindustry, TAS Offshore 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.


TAS Offshore Bhd Receivables Turnover vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, TAS Offshore Bhd's Receivables Turnover distribution charts can be found below:

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


XKLS:5149
51GF Score
TAS Offshore Bhd XKLS:5149
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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TAS Offshore Bhd Receivables Turnover Calculation

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

TAS Offshore Bhd's Receivables Turnover for the fiscal year that ended in May. 2025 is calculated as

Receivables Turnover (A: May. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: May. 2025 ) / ((Accounts Receivable (A: May. 2024 ) + Accounts Receivable (A: May. 2025 )) / count )
=145.168 / ((31.946 + 9.977) / 2 )
=145.168 / 20.9615
=6.93

TAS Offshore Bhd's Receivables Turnover for the quarter that ended in Feb. 2026 is calculated as

Receivables Turnover (Q: Feb. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Feb. 2026 ) / ((Accounts Receivable (Q: Nov. 2025 ) + Accounts Receivable (Q: Feb. 2026 )) / count )
=24.14 / ((18.038 + 30.609) / 2 )
=24.14 / 24.3235
=0.99

* 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 0.99 mean?
TAS Offshore Bhd (XKLS:5149) has a Receivables Turnover of 0.99 as of Feb. 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 TAS Offshore Bhd and its competitors. According to the industry distribution chart, TAS Offshore Bhd ranks #114 out of 346 companies in the Aerospace & Defense industry, placing it in the top 32.9%.
Is TAS Offshore Bhd's Receivables Turnover too high?
TAS Offshore Bhd's current Receivables Turnover is 0.99. The Aerospace & Defense industry median Receivables Turnover is 5.64. TAS Offshore Bhd's value of 0.99 is 82.4% below this industry median. Based on the distribution chart, TAS Offshore Bhd ranks #114 out of 346 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, TAS Offshore Bhd has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TAS Offshore Bhd's Receivables Turnover compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, TAS Offshore Bhd ranks #114 out of 346 companies for Receivables Turnover. This puts TAS Offshore Bhd in the upper half of its industry. The industry median Receivables Turnover is 5.64. TAS Offshore Bhd's value of 0.99 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 an Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.64, based on 346 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. TAS Offshore Bhd's current Receivables Turnover of 0.99 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 TAS Offshore Bhd and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAS Offshore Bhd's current Receivables Turnover is 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAS Offshore Bhd stock overvalued right now?
Based on GuruFocus' analysis, TAS Offshore Bhd (XKLS:5149) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.87, compared to a current price of RM0.52 — trading 40.2% below its estimated fair value. The current Receivables Turnover is 0.99 and 82.4% below the Aerospace & Defense industry median of 5.64. TAS Offshore Bhd's overall GF Score™ is 51/100 with 3 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 TAS Offshore Bhd (XKLS:5149), the current Receivables Turnover is 0.99 as of Feb. 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 TAS Offshore Bhd (XKLS:5149) Overvalued in 2026?

Based on GuruFocus' analysis, TAS Offshore Bhd stock appears to be undervalued. The current stock price of RM0.52 is trading 40.2% below its estimated GF Value™ of RM0.87. GuruFocus considers TAS Offshore Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5149:

  • Receivables Turnover: 0.99
  • GF Value™: RM0.87 vs. price of RM0.52 (40.2% below fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 82.4% below the Aerospace & Defense median (#114 of 346)

No single metric tells the full story. See the XKLS:5149 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TAS Offshore Bhd Business Description

Address Lot 199, Sungai Maaw Road, P.O. Box 920, Sungai Bidut, Sibu, SWK, MYS, 96000
TAS Offshore Bhd is an investment holding company engaged in shipbuilding and ship repairing activities across Malaysia, Singapore, and Indonesia. Its shipbuilding operations include constructing vessels such as tugboats, anchor handling tugs, anchor handling tug supply vessels, utility vessels, workboats, ferries, and cargo ships. The company also provides ship repair services, including routine maintenance, machinery inspection, repainting, and damage repair. Additionally, TAS Offshore offers vessel chartering services. It generates revenue through contracting shipbuilding, repair projects, and vessel leasing, serving clients in the marine and offshore industries.
51GF Score

Get the complete analysis for XKLS:5149

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.52
Price
RM0.87
GF Value