Solid Automotive Bhd (XKLS:5242) Receivables Turnover: 1.35 (As of Apr. 2026)

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XKLS:5242 Solid Automotive Bhd XKLS:5242
41 GF Score
Price RM0.12
GF Value RM0.18
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Solid Automotive Bhd Receivables Turnover?

Solid Automotive Bhd XKLS:5242 41 Receivables Turnover is 1.35 as of Apr. 2026. GuruFocus rates XKLS:5242 with a GF Score™ of 41/100 and a GF Value™ of RM0.18 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,315 Vehicles & Parts companies, Solid Automotive Bhd ranks worse than 61.52% 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. Solid Automotive Bhd's Revenue for the three months ended in Apr. 2026 was RM92.5 Mil. Solid Automotive Bhd's average Accounts Receivable for the three months ended in Apr. 2026 was RM68.4 Mil. Hence, Solid Automotive Bhd's Receivables Turnover for the three months ended in Apr. 2026 was 1.35.


Solid Automotive Bhd  (XKLS:5242) 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.


Solid Automotive Bhd Receivables Turnover Related Terms


Solid Automotive Bhd Receivables Turnover Historical Data

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The historical data trend for Solid Automotive 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.

Solid Automotive Bhd Receivables Turnover Chart

Solid Automotive Bhd Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.44 4.92 4.96 5.37 5.02

Solid Automotive Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.33 1.27 1.32 1.31 1.35

XKLS:5242 vs ORLY, AZO: Receivables Turnover Comparison

For the Auto Parts subindustry, Solid Automotive 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.


Solid Automotive Bhd Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Solid Automotive Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Solid Automotive Bhd's Receivables Turnover falls into.


XKLS:5242
41GF Score
Solid Automotive Bhd XKLS:5242
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solid Automotive Bhd Receivables Turnover Calculation

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

Solid Automotive Bhd's Receivables Turnover for the fiscal year that ended in Apr. 2026 is calculated as

Receivables Turnover (A: Apr. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Apr. 2026 ) / ((Accounts Receivable (A: Apr. 2025 ) + Accounts Receivable (A: Apr. 2026 )) / count )
=349.588 / ((67.994 + 71.335) / 2 )
=349.588 / 69.6645
=5.02

Solid Automotive Bhd's Receivables Turnover for the quarter that ended in Apr. 2026 is calculated as

Receivables Turnover (Q: Apr. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Apr. 2026 ) / ((Accounts Receivable (Q: Jan. 2026 ) + Accounts Receivable (Q: Apr. 2026 )) / count )
=92.538 / ((65.463 + 71.335) / 2 )
=92.538 / 68.399
=1.35

* 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 1.35 mean?
Solid Automotive Bhd (XKLS:5242) has a Receivables Turnover of 1.35 as of Apr. 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 Solid Automotive Bhd and its competitors. According to the industry distribution chart, Solid Automotive Bhd ranks #809 out of 1315 companies in the Vehicles & Parts industry, placing it in the top 61.5%.
Is Solid Automotive Bhd's Receivables Turnover too high?
Solid Automotive Bhd's current Receivables Turnover is 1.35. The Vehicles & Parts industry median Receivables Turnover is 5.99. Solid Automotive Bhd's value of 1.35 is 77.5% below this industry median. Based on the distribution chart, Solid Automotive Bhd ranks #809 out of 1315 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Solid Automotive Bhd has a GF Score™ of 41/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid Automotive Bhd's Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Solid Automotive Bhd ranks #809 out of 1315 companies for Receivables Turnover. This places Solid Automotive Bhd in the lower half of its industry. The industry median Receivables Turnover is 5.99. Solid Automotive Bhd's value of 1.35 is 77.5% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,315 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. Solid Automotive Bhd's current Receivables Turnover of 1.35 is 77.5% 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 Solid Automotive Bhd and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid Automotive Bhd's current Receivables Turnover is 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Automotive Bhd stock overvalued right now?
Based on GuruFocus' analysis, Solid Automotive Bhd (XKLS:5242) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.18, compared to a current price of RM0.12 — trading 33.3% below its estimated fair value. The current Receivables Turnover is 1.35 and 77.5% below the Vehicles & Parts industry median of 5.99. Solid Automotive Bhd's overall GF Score™ is 41/100 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 Solid Automotive Bhd (XKLS:5242), the current Receivables Turnover is 1.35 as of Apr. 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 Solid Automotive Bhd (XKLS:5242) Overvalued in 2026?

Based on GuruFocus' analysis, Solid Automotive Bhd stock appears to be undervalued. The current stock price of RM0.12 is trading 33.3% below its estimated GF Value™ of RM0.18. GuruFocus considers Solid Automotive Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5242:

  • Receivables Turnover: 1.35
  • GF Value™: RM0.18 vs. price of RM0.12 (33.3% below fair value)
  • GF Score™: 41/100 with 4 warning signs
  • Industry Position: 77.5% below the Vehicles & Parts median (#809 of 1315)

No single metric tells the full story. See the XKLS:5242 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solid Automotive Bhd Business Description

Address 5, Jalan Dataran 5, Taman Kempas, Johor Bahru, JHR, MYS, 81200
Solid Automotive Bhd is engaged in the business of investment holding and the provision of management services. Along with its subsidiaries, the company operates in the following reportable segments: Automotive service, electrical, spare and related parts, Automotive engine and mechanical parts, and Others. It generates maximum revenue from the Automotive service, electrical, spare and related parts segment, which is involved in trading and distribution of automotive batteries, lubricants, electrical parts, spare parts and components. Geographically, the group generates maximum revenue from Malaysia, followed by the Middle East and Africa, and Other regions.
41GF Score

Get the complete analysis for XKLS:5242

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

RM0.12
Price
RM0.18
GF Value