Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Receivables Turnover: 2.46 (As of Mar. 2026)

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XKLS:5186 Malaysia Marine and Heavy Engineering Holdings Bhd XKLS:5186
51 GF Score
Price RM0.35
GF Value RM0.31
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Malaysia Marine and Heavy Engineering Holdings Bhd Receivables Turnover?

Malaysia Marine and Heavy Engineering Holdings Bhd XKLS:5186 51 Receivables Turnover is 2.46 as of Mar. 2026. GuruFocus rates XKLS:5186 with a GF Score™ of 51/100 and a GF Value™ of RM0.31 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 893 Oil & Gas companies, Malaysia Marine and Heavy Engineering Holdings Bhd ranks better than 62.71% 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. Malaysia Marine and Heavy Engineering Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM522 Mil. Malaysia Marine and Heavy Engineering Holdings Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM212 Mil. Hence, Malaysia Marine and Heavy Engineering Holdings Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 2.46.


Malaysia Marine and Heavy Engineering Holdings Bhd  (XKLS:5186) 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.


Malaysia Marine and Heavy Engineering Holdings Bhd Receivables Turnover Related Terms


Malaysia Marine and Heavy Engineering Holdings Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Malaysia Marine and Heavy Engineering Holdings 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.

Malaysia Marine and Heavy Engineering Holdings Bhd Receivables Turnover Chart

Malaysia Marine and Heavy Engineering Holdings 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 4.06 7.16 23.14 17.44 7.91

Malaysia Marine and Heavy Engineering Holdings 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 2.08 2.84 2.03 2.15 2.46

XKLS:5186 vs SLB, BKR, HAL: Receivables Turnover Comparison

For the Oil & Gas Equipment & Services subindustry, Malaysia Marine and Heavy Engineering Holdings 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.


Malaysia Marine and Heavy Engineering Holdings Bhd Receivables Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Malaysia Marine and Heavy Engineering Holdings Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Malaysia Marine and Heavy Engineering Holdings Bhd's Receivables Turnover falls into.


XKLS:5186
51GF Score
Malaysia Marine and Heavy Engineering Holdings Bhd XKLS:5186
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Malaysia Marine and Heavy Engineering Holdings Bhd Receivables Turnover Calculation

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

Malaysia Marine and Heavy Engineering Holdings 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 )
=1976.263 / ((297.23 + 202.194) / 2 )
=1976.263 / 249.712
=7.91

Malaysia Marine and Heavy Engineering Holdings 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 )
=521.932 / ((202.194 + 221.499) / 2 )
=521.932 / 211.8465
=2.46

* 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 2.46 mean?
Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) has a Receivables Turnover of 2.46 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 Malaysia Marine and Heavy Engineering Holdings Bhd and its competitors. According to the industry distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #333 out of 893 companies in the Oil & Gas industry, placing it in the top 37.3%.
Is Malaysia Marine and Heavy Engineering Holdings Bhd's Receivables Turnover too high?
Malaysia Marine and Heavy Engineering Holdings Bhd's current Receivables Turnover is 2.46. The Oil & Gas industry median Receivables Turnover is 7.98. Malaysia Marine and Heavy Engineering Holdings Bhd's value of 2.46 is 69.2% below this industry median. Based on the distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #333 out of 893 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Malaysia Marine and Heavy Engineering Holdings Bhd has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Malaysia Marine and Heavy Engineering Holdings Bhd's Receivables Turnover compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Malaysia Marine and Heavy Engineering Holdings Bhd ranks #333 out of 893 companies for Receivables Turnover. This puts Malaysia Marine and Heavy Engineering Holdings Bhd in the upper half of its industry. The industry median Receivables Turnover is 7.98. Malaysia Marine and Heavy Engineering Holdings Bhd's value of 2.46 is 69.2% 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 Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 7.98, based on 893 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. Malaysia Marine and Heavy Engineering Holdings Bhd's current Receivables Turnover of 2.46 is 69.2% 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 Malaysia Marine and Heavy Engineering Holdings Bhd and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malaysia Marine and Heavy Engineering Holdings Bhd's current Receivables Turnover is 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malaysia Marine and Heavy Engineering Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.31, compared to a current price of RM0.35 — trading 12.9% above its estimated fair value. The current Receivables Turnover is 2.46 and 69.2% below the Oil & Gas industry median of 7.98. Malaysia Marine and Heavy Engineering Holdings Bhd's overall GF Score™ is 51/100 with 4 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 Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186), the current Receivables Turnover is 2.46 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 Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Overvalued in 2026?

Based on GuruFocus' analysis, Malaysia Marine and Heavy Engineering Holdings Bhd stock appears to be overvalued. The current stock price of RM0.35 is trading 12.9% above its estimated GF Value™ of RM0.31. GuruFocus considers Malaysia Marine and Heavy Engineering Holdings Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5186:

  • Receivables Turnover: 2.46
  • GF Value™: RM0.31 vs. price of RM0.35 (12.9% above fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 69.2% below the Oil & Gas median (#333 of 893)

No single metric tells the full story. See the XKLS:5186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malaysia Marine and Heavy Engineering Holdings Bhd Business Description

Industry EnergyOil & Gas
Address Jalan Sultan Hishamuddin, Level 31, Menara Dayabumi, Kuala Lumpur, MYS, 50050
Malaysia Marine and Heavy Engineering Holdings Bhd delivers integrated solutions across offshore and onshore facilities as well as marine vessels. The company provides a comprehensive suite of marine repair, conversion and refurbishment services, with a specialized focus on LNG carrier repairs. It is also actively engaged in new and renewable energy and decarbonisation-related works, including the fabrication and construction of carbon capture facilities, offshore wind farm substations, and green hydrogen infrastructure. The company's segments include the Heavy Engineering segment, which provides services for oil and gas engineering and construction works, and the Marine segment, which provides marine conversion works and repair services.
51GF Score

Get the complete analysis for XKLS:5186

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

RM0.35
Price
RM0.31
GF Value