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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. Nextgreen Global Bhd's Revenue for the
three
months ended in Mar. 2026 was RM17.79 Mil. Nextgreen Global Bhd's average Accounts Receivable for the
three
months ended in Mar. 2026 was RM82.39 Mil.
Hence, Nextgreen Global Bhd's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.22.
Nextgreen Global Bhd (XKLS:7241) 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.
Nextgreen Global Bhd Receivables Turnover Related Terms
Nextgreen Global Bhd Receivables Turnover Historical Data
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The historical data trend for Nextgreen Global 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:7241 vs HON, MMM: Receivables Turnover Comparison
For the Conglomerates subindustry, Nextgreen Global 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.
Nextgreen Global Bhd Receivables Turnover vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Nextgreen Global Bhd's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Nextgreen Global 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.
Nextgreen Global Bhd (XKLS:7241) has a Receivables Turnover of 0.22 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 Nextgreen Global Bhd and its competitors. According to the industry distribution chart, Nextgreen Global Bhd ranks #514 out of 542 companies in the Conglomerates industry, placing it in the top 94.8%.
Is Nextgreen Global Bhd's Receivables Turnover too high?
Nextgreen Global Bhd's current Receivables Turnover is 0.22. The Conglomerates industry median Receivables Turnover is 6.31. Nextgreen Global Bhd's value of 0.22 is 96.5% below this industry median. Based on the distribution chart, Nextgreen Global Bhd ranks #514 out of 542 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Nextgreen Global Bhd has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nextgreen Global Bhd's Receivables Turnover compare to HON and MMM?
According to the Conglomerates industry distribution chart, Nextgreen Global Bhd ranks #514 out of 542 companies for Receivables Turnover. This places Nextgreen Global Bhd in the lower half of its industry. The industry median Receivables Turnover is 6.31. Nextgreen Global Bhd's value of 0.22 is 96.5% 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 Conglomerates company?
The median Receivables Turnover among Conglomerates companies is 6.31, based on 542 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. Nextgreen Global Bhd's current Receivables Turnover of 0.22 is 96.5% 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 Nextgreen Global Bhd and its competitors. For the Conglomerates industry, the median Receivables Turnover is 6.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nextgreen Global Bhd's current Receivables Turnover is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nextgreen Global Bhd stock overvalued right now?
Based on GuruFocus' analysis, Nextgreen Global Bhd (XKLS:7241) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.51, compared to a current price of RM0.75 — trading 50.7% below its estimated fair value. The current Receivables Turnover is 0.22 and 96.5% below the Conglomerates industry median of 6.31. Nextgreen Global Bhd's overall GF Score™ is 60/100 with 9 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 Nextgreen Global Bhd (XKLS:7241), the current Receivables Turnover is 0.22 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 Nextgreen Global Bhd (XKLS:7241) Overvalued in 2026?
Based on GuruFocus' analysis, Nextgreen Global Bhd stock appears to be undervalued.
The current stock price of RM0.75 is trading 50.7% below its estimated GF Value™ of RM1.51.
GuruFocus considers Nextgreen Global Bhd to be Possible Value Trap.
Key valuation signals for XKLS:7241:
Receivables Turnover: 0.22
GF Value™: RM1.51 vs. price of RM0.75 (50.7% below fair value)
Industry Position: 96.5% below the Conglomerates median (#514 of 542)
No single metric tells the full story. See the XKLS:7241 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nextgreen Global Bhd is an investment holding company. Along with its subsidiaries, the company operates in the following reporting segments: Investment holding, Printing and publishing, Manufacturing, Property and construction, and Utility and renewable energy. A majority of its revenue is generated from the Manufacturing segment, which engages in processing, manufacturing, import, export, and trading of pulps and papers, fertilizers, animal feeds, and related products from waste products. Geographically, the group generates maximum revenue from Malaysia, and the rest from China, France, Singapore, the United States of America, and other regions.
60GF Score
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