Southern Steel Bhd (XKLS:5665) Receivables Turnover: 3.38 (As of Sep. 2025)

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XKLS:5665 Southern Steel Bhd XKLS:5665
31 GF Score
Price RM0.39
GF Value RM0.26
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Southern Steel Bhd Receivables Turnover?

Southern Steel Bhd XKLS:5665 31 Receivables Turnover is 3.38 as of Sep. 2025. GuruFocus rates XKLS:5665 with a GF Score™ of 31/100 and a GF Value™ of RM0.26 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 605 Steel companies, Southern Steel Bhd ranks better than 77.52% 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. Southern Steel Bhd's Revenue for the three months ended in Sep. 2025 was RM560 Mil. Southern Steel Bhd's average Accounts Receivable for the three months ended in Sep. 2025 was RM166 Mil. Hence, Southern Steel Bhd's Receivables Turnover for the three months ended in Sep. 2025 was 3.38.


Southern Steel Bhd  (XKLS:5665) 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.


Southern Steel Bhd Receivables Turnover Related Terms


Southern Steel Bhd Receivables Turnover Historical Data

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The historical data trend for Southern Steel 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.

Southern Steel Bhd Receivables Turnover Chart

Southern Steel Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.84 25.87 24.43 16.67 14.55

Southern Steel Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 3.80 3.50 3.50 3.76 3.38

XKLS:5665 vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, Southern Steel 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.


Southern Steel Bhd Receivables Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Southern Steel Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Southern Steel Bhd's Receivables Turnover falls into.


XKLS:5665
31GF Score
Southern Steel Bhd XKLS:5665
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Southern Steel Bhd Receivables Turnover Calculation

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

Southern Steel Bhd's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Receivables Turnover (A: Jun. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2024 ) / ((Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count )
=2119.675 / ((133.882 + 157.456) / 2 )
=2119.675 / 145.669
=14.55

Southern Steel Bhd's Receivables Turnover for the quarter that ended in Sep. 2025 is calculated as

Receivables Turnover (Q: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Sep. 2025 )) / count )
=560.077 / ((159.506 + 171.94) / 2 )
=560.077 / 165.723
=3.38

* 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 3.38 mean?
Southern Steel Bhd (XKLS:5665) has a Receivables Turnover of 3.38 as of Sep. 2025. 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 Southern Steel Bhd and its competitors. According to the industry distribution chart, Southern Steel Bhd ranks #136 out of 605 companies in the Steel industry, placing it in the top 22.5%.
Is Southern Steel Bhd's Receivables Turnover too high?
Southern Steel Bhd's current Receivables Turnover is 3.38. The Steel industry median Receivables Turnover is 7.13. Southern Steel Bhd's value of 3.38 is 52.6% below this industry median. Based on the distribution chart, Southern Steel Bhd ranks #136 out of 605 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Southern Steel Bhd has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Steel Bhd's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Southern Steel Bhd ranks #136 out of 605 companies for Receivables Turnover. This places Southern Steel Bhd in the top 23% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.13. Southern Steel Bhd's value of 3.38 is 52.6% 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 a Steel company?
The median Receivables Turnover among Steel companies is 7.13, based on 605 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. Southern Steel Bhd's current Receivables Turnover of 3.38 is 52.6% 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 Southern Steel Bhd and its competitors. For the Steel industry, the median Receivables Turnover is 7.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Steel Bhd's current Receivables Turnover is 3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Steel Bhd stock overvalued right now?
Based on GuruFocus' analysis, Southern Steel Bhd (XKLS:5665) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.26, compared to a current price of RM0.39 — trading 50% above its estimated fair value. The current Receivables Turnover is 3.38 and 52.6% below the Steel industry median of 7.13. Southern Steel Bhd's overall GF Score™ is 31/100 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 Southern Steel Bhd (XKLS:5665), the current Receivables Turnover is 3.38 as of Sep. 2025. 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 Southern Steel Bhd (XKLS:5665) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Steel Bhd stock appears to be overvalued. The current stock price of RM0.39 is trading 50% above its estimated GF Value™ of RM0.26. GuruFocus considers Southern Steel Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5665:

  • Receivables Turnover: 3.38
  • GF Value™: RM0.26 vs. price of RM0.39 (50% above fair value)
  • GF Score™: 31/100 with 3 warning signs
  • Industry Position: 52.6% below the Steel median (#136 of 605)

No single metric tells the full story. See the XKLS:5665 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southern Steel Bhd Business Description

Address 2723, Lorong Perusahaan 12, Prai Industrial Estate, Prai, PNG, MYS, 13600
Southern Steel Bhd is an investment holding company involved in the manufacturing, sale and trading of steel bars and related products, while the principal activities of its subsidiaries include the manufacturing, sale and trading in billets, steel bars, wire rods, pre-stressed concrete strands, bars and wires, steel pipes, steel wires, and other related products, as well as rental of properties and investment holding. The company comprises the following reportable segments: Steel products, Investment holding and others and Hot rolled coil operation. The company derived the majority of revenue from the sale of its products: bars, wire rod, wire mesh, cut and bend and pre-stressed concrete wire.
31GF Score

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

RM0.39
Price
RM0.26
GF Value