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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. Itmax System Bhd's Revenue for the
three
months ended in Mar. 2026 was RM65.9 Mil. Itmax System Bhd's average Accounts Receivable for the
three
months ended in Mar. 2026 was RM60.5 Mil.
Hence, Itmax System Bhd's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.09.
Itmax System Bhd (XKLS:5309) 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.
Itmax System Bhd Receivables Turnover Related Terms
Itmax System Bhd Receivables Turnover Historical Data
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The historical data trend for Itmax System 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:5309 vs ALLE, MSA, ADT: Receivables Turnover Comparison
For the Security & Protection Services subindustry, Itmax System 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.
Itmax System Bhd Receivables Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, Itmax System Bhd's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Itmax System 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.
Itmax System Bhd (XKLS:5309) has a Receivables Turnover of 1.09 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 Itmax System Bhd and its competitors. According to the industry distribution chart, Itmax System Bhd ranks #916 out of 1062 companies in the Business Services industry, placing it in the top 86.3%.
Is Itmax System Bhd's Receivables Turnover too high?
Itmax System Bhd's current Receivables Turnover is 1.09. The Business Services industry median Receivables Turnover is 6.22. Itmax System Bhd's value of 1.09 is 82.5% below this industry median. Based on the distribution chart, Itmax System Bhd ranks #916 out of 1062 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Itmax System Bhd has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Itmax System Bhd's Receivables Turnover compare to ALLE and MSA?
According to the Business Services industry distribution chart, Itmax System Bhd ranks #916 out of 1062 companies for Receivables Turnover. This places Itmax System Bhd in the lower half of its industry. The industry median Receivables Turnover is 6.22. Itmax System Bhd's value of 1.09 is 82.5% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.22, based on 1,062 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. Itmax System Bhd's current Receivables Turnover of 1.09 is 82.5% 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 Itmax System Bhd and its competitors. For the Business Services industry, the median Receivables Turnover is 6.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itmax System Bhd's current Receivables Turnover is 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itmax System Bhd stock overvalued right now?
Based on GuruFocus' analysis, Itmax System Bhd (XKLS:5309) is currently considered Fairly Valued. The stock's GF Value™ is RM4.74, compared to a current price of RM4.62 — trading 2.5% below its estimated fair value. The current Receivables Turnover is 1.09 and 82.5% below the Business Services industry median of 6.22. Itmax System Bhd's overall GF Score™ is 97/100 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 Itmax System Bhd (XKLS:5309), the current Receivables Turnover is 1.09 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 Itmax System Bhd (XKLS:5309) Overvalued in 2026?
Based on GuruFocus' analysis, Itmax System Bhd stock appears to be undervalued.
The current stock price of RM4.62 is trading 2.5% below its estimated GF Value™ of RM4.74.
GuruFocus considers Itmax System Bhd to be Fairly Valued.
Key valuation signals for XKLS:5309:
Receivables Turnover: 1.09
GF Value™: RM4.74 vs. price of RM4.62 (2.5% below fair value)
Industry Position: 82.5% below the Business Services median (#916 of 1062)
No single metric tells the full story. See the XKLS:5309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Itmax System Bhd is principally engaged in the business of supplying, installing, and providing public space networked systems and investment holding. The company develops networking solutions for smart video surveillance, smart parking, smart traffic management, smart street lighting and communication networks. Geographically, the company operates only in Malaysia.
97GF Score
Get the complete analysis for XKLS:5309
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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