Handal Energy Bhd (XKLS:7253) Receivables Turnover: 0.34 (As of Mar. 2026)


What is Handal Energy Bhd Receivables Turnover?

Handal Energy Bhd XKLS:7253 Receivables Turnover is 0.34 as of Mar. 2026. The stock has 4 warning signs investors should review. Among 891 Oil & Gas companies, Handal Energy Bhd ranks worse than 96.97% 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. Handal Energy Bhd's Revenue for the three months ended in Mar. 2026 was RM5.03 Mil. Handal Energy Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM14.96 Mil. Hence, Handal Energy Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 0.34.


Handal Energy Bhd  (XKLS:7253) 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.


Handal Energy Bhd Receivables Turnover Related Terms


Handal Energy Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Handal Energy 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.

Handal Energy Bhd Receivables Turnover Chart

Handal Energy Bhd Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Jun20 Jun21 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 2.63 3.30 11.22 1.81

Handal Energy Bhd Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.06 0.06 0.15 0.10 0.34

XKLS:7253 vs SLB, BKR, HAL: Receivables Turnover Comparison

For the Oil & Gas Equipment & Services subindustry, Handal Energy 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.


Handal Energy Bhd Receivables Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Handal Energy Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Handal Energy Bhd's Receivables Turnover falls into.



Handal Energy Bhd Receivables Turnover Calculation

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

Handal Energy Bhd's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Jun. 2021 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=22.24 / ((5.41 + 19.224) / 2 )
=22.24 / 12.317
=1.81

Handal Energy 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 )
=5.032 / ((14.417 + 15.509) / 2 )
=5.032 / 14.963
=0.34

* 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 0.34 mean?
Handal Energy Bhd (XKLS:7253) has a Receivables Turnover of 0.34 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 Handal Energy Bhd and its competitors. According to the industry distribution chart, Handal Energy Bhd ranks #864 out of 891 companies in the Oil & Gas industry, placing it in the top 97%.
Is Handal Energy Bhd's Receivables Turnover too high?
Handal Energy Bhd's current Receivables Turnover is 0.34. The Oil & Gas industry median Receivables Turnover is 8.00. Handal Energy Bhd's value of 0.34 is 95.8% below this industry median. Based on the distribution chart, Handal Energy Bhd ranks #864 out of 891 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Handal Energy Bhd's Receivables Turnover compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Handal Energy Bhd ranks #864 out of 891 companies for Receivables Turnover. This places Handal Energy Bhd in the lower half of its industry. The industry median Receivables Turnover is 8.00. Handal Energy Bhd's value of 0.34 is 95.8% 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 Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 8.00, based on 891 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. Handal Energy Bhd's current Receivables Turnover of 0.34 is 95.8% 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 Handal Energy Bhd and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Handal Energy Bhd's current Receivables Turnover is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Handal Energy Bhd stock overvalued right now?
Handal Energy Bhd (XKLS:7253) has a current Receivables Turnover of 0.34. The stock's GF Value™ is RM0.04, compared to a current price of RM0.01 — trading 75% below its estimated fair value. The current Receivables Turnover is 0.34 and 95.8% below the Oil & Gas industry median of 8.00. 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 Handal Energy Bhd (XKLS:7253), the current Receivables Turnover is 0.34 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.

Handal Energy Bhd Business Description

Industry EnergyOil & Gas
Address Mukim Teluk Kalong, Lot PT7358, Kawasan Perindustrian Teluk Kalong, Kemaman, Terengganu Darul Iman, TRG, MYS, 24007
Handal Energy Bhd provides integrated crane services in Malaysia. The company's operating segment includes Investment holding; Integrated, maintenance, repair and overhaul services; and other segments. It generates maximum revenue from the Integrated, maintenance, repair and overhaul services segment. Geographically, it operates only in Malaysia.