ASTEEL Group Bhd (XKLS:7020) Receivables Turnover: 0.96 (As of Mar. 2026)

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What is ASTEEL Group Bhd Receivables Turnover?

ASTEEL Group Bhd XKLS:7020 Receivables Turnover is 0.96 as of Mar. 2026. The stock has 5 warning signs investors should review. Among 605 Steel companies, ASTEEL Group Bhd ranks worse than 82.64% 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. ASTEEL Group Bhd's Revenue for the three months ended in Mar. 2026 was RM64.2 Mil. ASTEEL Group Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM66.8 Mil. Hence, ASTEEL Group Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 0.96.


ASTEEL Group Bhd  (XKLS:7020) 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.


ASTEEL Group Bhd Receivables Turnover Related Terms


ASTEEL Group Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for ASTEEL Group 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.

ASTEEL Group Bhd Receivables Turnover Chart

ASTEEL Group 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 6.32 6.50 5.21 4.34 4.49

ASTEEL Group 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 0.87 0.95 1.02 1.22 0.96

XKLS:7020 vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, ASTEEL Group 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.


ASTEEL Group Bhd Receivables Turnover vs Steel Industry

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

* The bar in red indicates where ASTEEL Group Bhd's Receivables Turnover falls into.



ASTEEL Group Bhd Receivables Turnover Calculation

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

ASTEEL Group 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 )
=271.951 / ((60.364 + 60.814) / 2 )
=271.951 / 60.589
=4.49

ASTEEL Group 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 )
=64.151 / ((60.814 + 72.752) / 2 )
=64.151 / 66.783
=0.96

* 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 0.96 mean?
ASTEEL Group Bhd (XKLS:7020) has a Receivables Turnover of 0.96 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 ASTEEL Group Bhd and its competitors. According to the industry distribution chart, ASTEEL Group Bhd ranks #500 out of 605 companies in the Steel industry, placing it in the top 82.6%.
Is ASTEEL Group Bhd's Receivables Turnover too high?
ASTEEL Group Bhd's current Receivables Turnover is 0.96. The Steel industry median Receivables Turnover is 7.13. ASTEEL Group Bhd's value of 0.96 is 86.5% below this industry median. Based on the distribution chart, ASTEEL Group Bhd ranks #500 out of 605 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does ASTEEL Group Bhd's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, ASTEEL Group Bhd ranks #500 out of 605 companies for Receivables Turnover. This places ASTEEL Group Bhd in the lower half of its industry. The industry median Receivables Turnover is 7.13. ASTEEL Group Bhd's value of 0.96 is 86.5% 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 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. ASTEEL Group Bhd's current Receivables Turnover of 0.96 is 86.5% 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 ASTEEL Group 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. ASTEEL Group Bhd's current Receivables Turnover is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASTEEL Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, ASTEEL Group Bhd (XKLS:7020) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.09, compared to a current price of RM0.07 — trading 27.8% below its estimated fair value. The current Receivables Turnover is 0.96 and 86.5% below the Steel industry median of 7.13. 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 ASTEEL Group Bhd (XKLS:7020), the current Receivables Turnover is 0.96 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.

ASTEEL Group Bhd Business Description

Address No. 2 Jalan Setia Prima S U13/S, No. 52-4 and 53-4 Setia Avenue, Seksyen U13, Setia Alam, Shah Alam, SGR, MYS, 40170
ASTEEL Group Bhd specializes in steel roofing and structure design and building, and focuses on the downstream industry for other building and construction materials. It is involved in the manufacturing of coated steel products and processing of metal roofing, wall cladding & fencing, metal floor decking, light gauge structural components, purlins, and framing systems under the brands ASTEEL and ASTAR. The firm operates in two segments: ARSB and STARSHINE. The ARSB segment that generates the majority of its revenue, engages in manufacturing and selling coated steel products and downstream roofing products, trading of hardware and building materials in Sabah and Sarawak, East Malaysia.