Velesto Energy Bhd (XKLS:5243) Receivables Turnover: 0.98 (As of Mar. 2026)

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XKLS:5243 Velesto Energy Bhd XKLS:5243
59 GF Score
Price RM0.25
GF Value RM0.18
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Velesto Energy Bhd Receivables Turnover?

Velesto Energy Bhd XKLS:5243 -3.85% 59 Receivables Turnover is 0.98 as of Mar. 2026. GuruFocus rates XKLS:5243 with a GF Score™ of 59/100 and a GF Value™ of RM0.18 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 893 Oil & Gas companies, Velesto Energy Bhd ranks worse than 85.33% 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. Velesto Energy Bhd's Revenue for the three months ended in Mar. 2026 was RM183.4 Mil. Velesto Energy Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM187.1 Mil. Hence, Velesto Energy Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 0.98.


Velesto Energy Bhd  (XKLS:5243) 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.


Velesto Energy Bhd Receivables Turnover Related Terms


Velesto Energy Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Velesto Energy 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.

Velesto Energy Bhd Receivables Turnover Chart

Velesto Energy 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 3.82 5.28 12.07 15.76 11.75

Velesto Energy 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 1.19 0.71 0.80 1.14 0.98

XKLS:5243 vs NE, RIG, VAL: Receivables Turnover Comparison

For the Oil & Gas Drilling subindustry, Velesto Energy 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.


Velesto Energy Bhd Receivables Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Velesto Energy Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Velesto Energy Bhd's Receivables Turnover falls into.


XKLS:5243
59GF Score
Velesto Energy Bhd XKLS:5243
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Velesto Energy Bhd Receivables Turnover Calculation

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

Velesto Energy 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 )
=892.97 / ((77.411 + 74.632) / 2 )
=892.97 / 76.0215
=11.75

Velesto Energy 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 )
=183.353 / ((74.632 + 299.592) / 2 )
=183.353 / 187.112
=0.98

* 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 0.98 mean?
Velesto Energy Bhd (XKLS:5243) has a Receivables Turnover of 0.98 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 Velesto Energy Bhd and its competitors. According to the industry distribution chart, Velesto Energy Bhd ranks #762 out of 893 companies in the Oil & Gas industry, placing it in the top 85.3%.
Is Velesto Energy Bhd's Receivables Turnover too high?
Velesto Energy Bhd's current Receivables Turnover is 0.98. The Oil & Gas industry median Receivables Turnover is 7.98. Velesto Energy Bhd's value of 0.98 is 87.7% below this industry median. Based on the distribution chart, Velesto Energy Bhd ranks #762 out of 893 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Velesto Energy Bhd has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Velesto Energy Bhd's Receivables Turnover compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Velesto Energy Bhd ranks #762 out of 893 companies for Receivables Turnover. This places Velesto Energy Bhd in the lower half of its industry. The industry median Receivables Turnover is 7.98. Velesto Energy Bhd's value of 0.98 is 87.7% 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. Velesto Energy Bhd's current Receivables Turnover of 0.98 is 87.7% 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 Velesto Energy 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. Velesto Energy Bhd's current Receivables Turnover is 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velesto Energy Bhd stock overvalued right now?
Based on GuruFocus' analysis, Velesto Energy Bhd (XKLS:5243) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.18, compared to a current price of RM0.25 — trading 38.9% above its estimated fair value. The current Receivables Turnover is 0.98 and 87.7% below the Oil & Gas industry median of 7.98. Velesto Energy Bhd's overall GF Score™ is 59/100 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 Velesto Energy Bhd (XKLS:5243), the current Receivables Turnover is 0.98 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 Velesto Energy Bhd (XKLS:5243) Overvalued in 2026?

Based on GuruFocus' analysis, Velesto Energy Bhd stock appears to be overvalued. The current stock price of RM0.25 is trading 38.9% above its estimated GF Value™ of RM0.18. GuruFocus considers Velesto Energy Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5243:

  • Receivables Turnover: 0.98
  • GF Value™: RM0.18 vs. price of RM0.25 (38.9% above fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 87.7% below the Oil & Gas median (#762 of 893)

No single metric tells the full story. See the XKLS:5243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Velesto Energy Bhd Business Description

Industry EnergyOil & Gas
Address Jalan Stesen Sentral 5, Level 18, Block 3A, Plaza Sentral, Kuala Lumpur, SGR, MYS, 50470
Velesto Energy Bhd is a Malaysia-based company that provides services to the oil and gas industry. It is engaged in the provision of drilling services for exploration, development, and production wells and workover services to the upstream sector of the oil and gas industry. It is also engaged in the provision of threading, inspection, and repair services for Oil Country Tubular Goods in Malaysia and overseas. The company operates under two segments, namely drilling services and others. The company has a geographical presence in Malaysia and other countries.
59GF Score

Get the complete analysis for XKLS:5243

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

RM0.25
Price
RM0.18
GF Value