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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. AirAsia Group Bhd's Revenue for the
three
months ended in Mar. 2026 was RM5,950 Mil. AirAsia Group Bhd's average Accounts Receivable for the
three
months ended in Mar. 2026 was RM710 Mil.
Hence, AirAsia Group Bhd's Receivables Turnover for the
three
months ended in Mar. 2026 was 8.38.
AirAsia Group Bhd (XKLS:5238) 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.
AirAsia Group Bhd Receivables Turnover Related Terms
AirAsia Group Bhd Receivables Turnover Historical Data
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The historical data trend for AirAsia Group 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:5238 vs DAL, UAL, LUV: Receivables Turnover Comparison
For the Airlines subindustry, AirAsia Group 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.
AirAsia Group Bhd Receivables Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, AirAsia Group Bhd's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where AirAsia Group 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.
AirAsia Group Bhd (XKLS:5238) has a Receivables Turnover of 8.38 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 AirAsia Group Bhd and its competitors. According to the industry distribution chart, AirAsia Group Bhd ranks #96 out of 1000 companies in the Transportation industry, placing it in the top 9.6%.
Is AirAsia Group Bhd's Receivables Turnover too high?
AirAsia Group Bhd's current Receivables Turnover is 8.38. The Transportation industry median Receivables Turnover is 7.74. AirAsia Group Bhd's value of 8.38 is 8.3% above this industry median. Based on the distribution chart, AirAsia Group Bhd ranks #96 out of 1000 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, AirAsia Group Bhd has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AirAsia Group Bhd's Receivables Turnover compare to DAL and UAL?
According to the Transportation industry distribution chart, AirAsia Group Bhd ranks #96 out of 1000 companies for Receivables Turnover. This places AirAsia Group Bhd in the top 10% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.74. AirAsia Group Bhd's value of 8.38 is 8.3% above 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.74, based on 1,000 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. AirAsia Group Bhd's current Receivables Turnover of 8.38 is 8.3% above 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 AirAsia Group Bhd and its competitors. For the Transportation industry, the median Receivables Turnover is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AirAsia Group Bhd's current Receivables Turnover is 8.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AirAsia Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, AirAsia Group Bhd (XKLS:5238) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.60, compared to a current price of RM1.09 — trading 31.9% below its estimated fair value. The current Receivables Turnover is 8.38 and 8.3% above the Transportation industry median of 7.74. AirAsia Group Bhd's overall GF Score™ is 46/100 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 AirAsia Group Bhd (XKLS:5238), the current Receivables Turnover is 8.38 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 AirAsia Group Bhd (XKLS:5238) Overvalued in 2026?
Based on GuruFocus' analysis, AirAsia Group Bhd stock appears to be undervalued.
The current stock price of RM1.09 is trading 31.9% below its estimated GF Value™ of RM1.60.
GuruFocus considers AirAsia Group Bhd to be Possible Value Trap.
Key valuation signals for XKLS:5238:
Receivables Turnover: 8.38
GF Value™: RM1.60 vs. price of RM1.09 (31.9% below fair value)
Industry Position: 8.3% above the Transportation median (#96 of 1000)
No single metric tells the full story. See the XKLS:5238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AirAsia X Bhd is a medium-haul low-cost airline operating in the Asia-Pacific region. The company is servicing scheduled flight operations to Australia (Sydney, Melbourne and Perth), China (Beijing, Hangzhou, Shanghai, Changsha, Chengdu, Chongqing, and Xi'an), India (New Delhi), South Korea (Seoul), Japan (Tokyo, Osaka and Sapporo), Taiwan (Taipei), Indonesia (Bali), Saudi Arabia (Jeddah and Medina), Kazakhstan (Almaty) and Kenya (Nairobi) from two hubs: Kuala Lumpur and Bangkok. The Group's operating segment consists of Air Operator Certificate (AOC) held under the AirAsia brand, and is categorised as Malaysia, Thailand, and Indonesia. The company generates the majority of its revenue from Malaysia.
46GF Score
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