ELK-Desa Resources Bhd (XKLS:5228) Receivables Turnover: 2.35 (As of Mar. 2026)

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XKLS:5228 ELK-Desa Resources Bhd XKLS:5228
82 GF Score
Price RM1.02
GF Value RM1.42
Valuation Modestly Undervalued
! 4 Warning Signs
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What is ELK-Desa Resources Bhd Receivables Turnover?

ELK-Desa Resources Bhd XKLS:5228 82 Receivables Turnover is 2.35 as of Mar. 2026. GuruFocus rates XKLS:5228 with a GF Score™ of 82/100 and a GF Value™ of RM1.42 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 296 Credit Services companies, ELK-Desa Resources Bhd ranks worse than 50.34% 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. ELK-Desa Resources Bhd's Revenue for the three months ended in Mar. 2026 was RM54.5 Mil. ELK-Desa Resources Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM23.2 Mil. Hence, ELK-Desa Resources Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 2.35.


ELK-Desa Resources Bhd  (XKLS:5228) 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.


ELK-Desa Resources Bhd Receivables Turnover Related Terms


ELK-Desa Resources Bhd Receivables Turnover Historical Data

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The historical data trend for ELK-Desa Resources 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.

ELK-Desa Resources Bhd Receivables Turnover Chart

ELK-Desa Resources Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.63 9.11 9.08 8.79 8.17

ELK-Desa Resources 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 2.24 1.99 2.17 2.39 2.35

XKLS:5228 vs V, MA, AXP: Receivables Turnover Comparison

For the Credit Services subindustry, ELK-Desa Resources 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.


ELK-Desa Resources Bhd Receivables Turnover vs Credit Services Industry

For the Credit Services industry and Financial Services sector, ELK-Desa Resources Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where ELK-Desa Resources Bhd's Receivables Turnover falls into.


XKLS:5228
82GF Score
ELK-Desa Resources Bhd XKLS:5228
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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ELK-Desa Resources Bhd Receivables Turnover Calculation

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

ELK-Desa Resources Bhd's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=203.784 / ((25.411 + 24.458) / 2 )
=203.784 / 24.9345
=8.17

ELK-Desa Resources 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 )
=54.543 / ((21.92 + 24.458) / 2 )
=54.543 / 23.189
=2.35

* 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 2.35 mean?
ELK-Desa Resources Bhd (XKLS:5228) has a Receivables Turnover of 2.35 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 ELK-Desa Resources Bhd and its competitors. According to the industry distribution chart, ELK-Desa Resources Bhd ranks #149 out of 296 companies in the Credit Services industry, placing it in the top 50.3%.
Is ELK-Desa Resources Bhd's Receivables Turnover too high?
ELK-Desa Resources Bhd's current Receivables Turnover is 2.35. The Credit Services industry median Receivables Turnover is 8.77. ELK-Desa Resources Bhd's value of 2.35 is 73.2% below this industry median. Based on the distribution chart, ELK-Desa Resources Bhd ranks #149 out of 296 companies in the Credit Services industry, which is below the industry midpoint. Overall, ELK-Desa Resources Bhd has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ELK-Desa Resources Bhd's Receivables Turnover compare to V and MA?
According to the Credit Services industry distribution chart, ELK-Desa Resources Bhd ranks #149 out of 296 companies for Receivables Turnover. This places ELK-Desa Resources Bhd in the lower half of its industry. The industry median Receivables Turnover is 8.77. ELK-Desa Resources Bhd's value of 2.35 is 73.2% 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 a Credit Services company?
The median Receivables Turnover among Credit Services companies is 8.77, based on 296 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. ELK-Desa Resources Bhd's current Receivables Turnover of 2.35 is 73.2% 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 ELK-Desa Resources Bhd and its competitors. For the Credit Services industry, the median Receivables Turnover is 8.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ELK-Desa Resources Bhd's current Receivables Turnover is 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ELK-Desa Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, ELK-Desa Resources Bhd (XKLS:5228) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.42, compared to a current price of RM1.02 — trading 28.2% below its estimated fair value. The current Receivables Turnover is 2.35 and 73.2% below the Credit Services industry median of 8.77. ELK-Desa Resources Bhd's overall GF Score™ is 82/100 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 ELK-Desa Resources Bhd (XKLS:5228), the current Receivables Turnover is 2.35 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.

Is ELK-Desa Resources Bhd (XKLS:5228) Overvalued in 2026?

Based on GuruFocus' analysis, ELK-Desa Resources Bhd stock appears to be undervalued. The current stock price of RM1.02 is trading 28.2% below its estimated GF Value™ of RM1.42. GuruFocus considers ELK-Desa Resources Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5228:

  • Receivables Turnover: 2.35
  • GF Value™: RM1.42 vs. price of RM1.02 (28.2% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 73.2% below the Credit Services median (#149 of 296)

No single metric tells the full story. See the XKLS:5228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ELK-Desa Resources Bhd Business Description

Address No. 15 - 17, Jalan Brunei Utara, Off Jalan Pudu, Kuala Lumpur, SGR, MYS, 55100
ELK-Desa Resources Bhd is a Malaysian company investment holding company. The company's business segments are Hire-purchase financing and other integrated services and the Trading of furniture. The Hire-purchase financing and other integrated services segment is involved in the business of hire-purchase financing for used motor vehicles as well as selling general insurance policies as an insurance agent and the Trading of furniture segment is involved in the business of trading, export, wholesaling, and manufacturing of furniture. The company earns the majority of its revenue from hire-purchase financing.
82GF Score

Get the complete analysis for XKLS:5228

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

RM1.02
Price
RM1.42
GF Value