Wong Engineering Bhd (XKLS:7050) Receivables Turnover: 1.29 (As of Apr. 2026)

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XKLS:7050 Wong Engineering Corp Bhd XKLS:7050
35 GF Score
Price RM0.20
GF Value RM0.29
Valuation Possible Value Trap
! 3 Warning Signs
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What is Wong Engineering Bhd Receivables Turnover?

Wong Engineering Bhd XKLS:7050 +8.11% 35 Receivables Turnover is 1.29 as of Apr. 2026. GuruFocus rates XKLS:7050 with a GF Score™ of 35/100 and a GF Value™ of RM0.29 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 3,032 Industrial Products companies, Wong Engineering Bhd ranks better than 56.04% 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. Wong Engineering Bhd's Revenue for the three months ended in Apr. 2026 was RM14.25 Mil. Wong Engineering Bhd's average Accounts Receivable for the three months ended in Apr. 2026 was RM11.06 Mil. Hence, Wong Engineering Bhd's Receivables Turnover for the three months ended in Apr. 2026 was 1.29.


Wong Engineering Bhd  (XKLS:7050) 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.


Wong Engineering Bhd Receivables Turnover Related Terms


Wong Engineering Bhd Receivables Turnover Historical Data

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The historical data trend for Wong Engineering 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.

Wong Engineering Bhd Receivables Turnover Chart

Wong Engineering Bhd Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.95 3.94 3.89 4.16 4.48

Wong Engineering Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.93 1.13 1.23 1.12 1.29

XKLS:7050 vs CRS, ATI, MLI: Receivables Turnover Comparison

For the Metal Fabrication subindustry, Wong Engineering 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.


Wong Engineering Bhd Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wong Engineering Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Wong Engineering Bhd's Receivables Turnover falls into.


XKLS:7050
35GF Score
Wong Engineering Corp Bhd XKLS:7050
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Wong Engineering Bhd Receivables Turnover Calculation

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

Wong Engineering Bhd's Receivables Turnover for the fiscal year that ended in Oct. 2025 is calculated as

Receivables Turnover (A: Oct. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Oct. 2025 ) / ((Accounts Receivable (A: Oct. 2024 ) + Accounts Receivable (A: Oct. 2025 )) / count )
=49.375 / ((7.821 + 14.232) / 2 )
=49.375 / 11.0265
=4.48

Wong Engineering Bhd's Receivables Turnover for the quarter that ended in Apr. 2026 is calculated as

Receivables Turnover (Q: Apr. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Apr. 2026 ) / ((Accounts Receivable (Q: Jan. 2026 ) + Accounts Receivable (Q: Apr. 2026 )) / count )
=14.249 / ((10.401 + 11.725) / 2 )
=14.249 / 11.063
=1.29

* 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 1.29 mean?
Wong Engineering Bhd (XKLS:7050) has a Receivables Turnover of 1.29 as of Apr. 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 Wong Engineering Bhd and its competitors. According to the industry distribution chart, Wong Engineering Bhd ranks #1333 out of 3032 companies in the Industrial Products industry, placing it in the top 44%.
Is Wong Engineering Bhd's Receivables Turnover too high?
Wong Engineering Bhd's current Receivables Turnover is 1.29. The Industrial Products industry median Receivables Turnover is 4.45. Wong Engineering Bhd's value of 1.29 is 71% below this industry median. Based on the distribution chart, Wong Engineering Bhd ranks #1333 out of 3032 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Wong Engineering Bhd has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wong Engineering Bhd's Receivables Turnover compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Wong Engineering Bhd ranks #1333 out of 3032 companies for Receivables Turnover. This puts Wong Engineering Bhd in the upper half of its industry. The industry median Receivables Turnover is 4.45. Wong Engineering Bhd's value of 1.29 is 71% 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 Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,032 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. Wong Engineering Bhd's current Receivables Turnover of 1.29 is 71% 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 Wong Engineering Bhd and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wong Engineering Bhd's current Receivables Turnover is 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wong Engineering Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wong Engineering Bhd (XKLS:7050) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.29, compared to a current price of RM0.20 — trading 31% below its estimated fair value. The current Receivables Turnover is 1.29 and 71% below the Industrial Products industry median of 4.45. Wong Engineering Bhd's overall GF Score™ is 35/100 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 Wong Engineering Bhd (XKLS:7050), the current Receivables Turnover is 1.29 as of Apr. 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 Wong Engineering Bhd (XKLS:7050) Overvalued in 2026?

Based on GuruFocus' analysis, Wong Engineering Bhd stock appears to be undervalued. The current stock price of RM0.20 is trading 31% below its estimated GF Value™ of RM0.29. GuruFocus considers Wong Engineering Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7050:

  • Receivables Turnover: 1.29
  • GF Value™: RM0.29 vs. price of RM0.20 (31% below fair value)
  • GF Score™: 35/100 with 3 warning signs
  • Industry Position: 71% below the Industrial Products median (#1333 of 3032)

No single metric tells the full story. See the XKLS:7050 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wong Engineering Bhd Business Description

Address Lot 24, Jalan Hi-Tech 4, Phase 1, Kulim Hi-Tech Park, Kulim, KDH, MYS, 09000
Wong Engineering Corp Bhd is engaged in manufacturing of high precision stamped and turned metal parts and components, complex welded frame structure, related modules and systems as well as trading, marketing and retailing of industrial and consumer products. The segments of the company are, 1) Precision engineering which includes the design and manufacture of high-precision metal stamped parts and sheet metals. 2) Construction and property development includes the provision of general buildings construction and infrastructure work and the provision of property development and related business. 3) Others include Investment holding. The company derives maximum revenue from Precision and engineering Segment.
35GF Score

Get the complete analysis for XKLS:7050

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

RM0.20
Price
RM0.29
GF Value