Wasco Greenergy Bhd (XKLS:5343) Receivables Turnover: 1.73 (As of Mar. 2026)

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XKLS:5343 Wasco Greenergy Bhd XKLS:5343
16 GF Score
Price RM0.39
! 3 Warning Signs
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What is Wasco Greenergy Bhd Receivables Turnover?

Wasco Greenergy Bhd XKLS:5343 16 Receivables Turnover is 1.73 as of Mar. 2026. GuruFocus rates XKLS:5343 with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 421 Utilities - Independent Power Producers companies, Wasco Greenergy Bhd ranks better than 50.59% 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. Wasco Greenergy Bhd's Revenue for the three months ended in Mar. 2026 was RM54.4 Mil. Wasco Greenergy Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM31.4 Mil. Hence, Wasco Greenergy Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 1.73.


Wasco Greenergy Bhd  (XKLS:5343) 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.


Wasco Greenergy Bhd Receivables Turnover Related Terms


Wasco Greenergy Bhd Receivables Turnover Historical Data

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The historical data trend for Wasco Greenergy 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.

Wasco Greenergy Bhd Receivables Turnover Chart

Wasco Greenergy Bhd Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Receivables Turnover
6.82 7.77 7.51 7.72

Wasco Greenergy Bhd Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial 2.04 1.60 1.86 2.08 1.73

Wasco Greenergy Bhd Receivables Turnover Competitor Comparison

For the Utilities - Renewable subindustry, Wasco Greenergy 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.


Wasco Greenergy Bhd Receivables Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Wasco Greenergy Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Wasco Greenergy Bhd's Receivables Turnover falls into.


XKLS:5343
16GF Score
Wasco Greenergy Bhd XKLS:5343
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Wasco Greenergy Bhd Receivables Turnover Calculation

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

Wasco Greenergy 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 )
=266.537 / ((38.463 + 30.548) / 2 )
=266.537 / 34.5055
=7.72

Wasco Greenergy 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 )
=54.373 / ((30.548 + 32.347) / 2 )
=54.373 / 31.4475
=1.73

* 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 1.73 mean?
Wasco Greenergy Bhd (XKLS:5343) has a Receivables Turnover of 1.73 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 Wasco Greenergy Bhd and its competitors. According to the industry distribution chart, Wasco Greenergy Bhd ranks #208 out of 421 companies in the Utilities - Independent Power Producers industry, placing it in the top 49.4%.
Is Wasco Greenergy Bhd's Receivables Turnover too high?
Wasco Greenergy Bhd's current Receivables Turnover is 1.73. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.70. Wasco Greenergy Bhd's value of 1.73 is 69.6% below this industry median. Based on the distribution chart, Wasco Greenergy Bhd ranks #208 out of 421 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Wasco Greenergy Bhd has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Wasco Greenergy Bhd's Receivables Turnover compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Wasco Greenergy Bhd ranks #208 out of 421 companies for Receivables Turnover. This puts Wasco Greenergy Bhd in the upper half of its industry. The industry median Receivables Turnover is 5.70. Wasco Greenergy Bhd's value of 1.73 is 69.6% 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 Utilities - Independent Power Producers company?
The median Receivables Turnover among Utilities - Independent Power Producers companies is 5.70, based on 421 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. Wasco Greenergy Bhd's current Receivables Turnover of 1.73 is 69.6% 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 Wasco Greenergy Bhd and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wasco Greenergy Bhd's current Receivables Turnover is 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wasco Greenergy Bhd stock overvalued right now?
Wasco Greenergy Bhd (XKLS:5343) has a current Receivables Turnover of 1.73. The current Receivables Turnover is 1.73 and 69.6% below the Utilities - Independent Power Producers industry median of 5.70. Wasco Greenergy Bhd's overall GF Score™ is 16/100 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 Wasco Greenergy Bhd (XKLS:5343), the current Receivables Turnover is 1.73 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.

Wasco Greenergy Bhd Business Description

Address Lot 1929, Jalan Bukit Kemuning, Seksyen 32, Shah Alam, SGR, MYS, 40460
Wasco Greenergy Bhd operates in the renewable energy sector as a provider of renewable energy systems that support companies in meeting their energy needs, including those seeking to achieve their decarbonization and net-zero emissions targets. Its core business segment comprises the EPCC of steam energy systems and auxiliary facilities, the supply of steam turbine generator systems, as well as the provision of after-sales services for these systems. The company offers three types of steam energy systems: biomass, gas-fired, and HRSG. The biomass energy systems involve using a boiler to burn agricultural waste and byproducts. The gas-fired energy systems on the other hand, use natural gas as the fuel source. The HRSG is designed to capture waste heat from customers' gas turbines.
16GF Score

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

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