Central Global Bhd (XKLS:8052) Receivables Turnover: 1.04 (As of Jun. 2025)

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XKLS:8052 Central Global Bhd XKLS:8052
40 GF Score
Price RM0.88
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What is Central Global Bhd Receivables Turnover?

Central Global Bhd XKLS:8052 40 Receivables Turnover is 1.04 as of Jun. 2025. GuruFocus rates XKLS:8052 with a GF Score™ of 40/100. Among 1,577 Chemicals companies, Central Global Bhd ranks worse than 93.02% 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. Central Global Bhd's Revenue for the three months ended in Jun. 2025 was RM98.2 Mil. Central Global Bhd's average Accounts Receivable for the three months ended in Jun. 2025 was RM94.6 Mil. Hence, Central Global Bhd's Receivables Turnover for the three months ended in Jun. 2025 was 1.04.


Central Global Bhd  (XKLS:8052) 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.


Central Global Bhd Receivables Turnover Related Terms


Central Global Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Central 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.

Central Global Bhd Receivables Turnover Chart

Central Global Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.02 3.88 2.54 3.17 1.86

Central Global Bhd Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 0.27 0.32 0.40 0.72 1.04

XKLS:8052 vs LIN, SHW, ECL: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, Central 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.


Central Global Bhd Receivables Turnover vs Chemicals Industry

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

* The bar in red indicates where Central Global Bhd's Receivables Turnover falls into.


XKLS:8052
40GF Score
Central Global Bhd XKLS:8052
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Central Global Bhd Receivables Turnover Calculation

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

Central Global 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: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=218.564 / ((84.597 + 150.762) / 2 )
=218.564 / 117.6795
=1.86

Central Global Bhd's Receivables Turnover for the quarter that ended in Jun. 2025 is calculated as

Receivables Turnover (Q: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2025 ) / ((Accounts Receivable (Q: Mar. 2025 ) + Accounts Receivable (Q: Jun. 2025 )) / count )
=98.176 / ((101.234 + 87.971) / 2 )
=98.176 / 94.6025
=1.04

* 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 1.04 mean?
Central Global Bhd (XKLS:8052) has a Receivables Turnover of 1.04 as of Jun. 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 Central Global Bhd and its competitors. According to the industry distribution chart, Central Global Bhd ranks #1467 out of 1577 companies in the Chemicals industry, placing it in the top 93%.
Is Central Global Bhd's Receivables Turnover too high?
Central Global Bhd's current Receivables Turnover is 1.04. The Chemicals industry median Receivables Turnover is 5.60. Central Global Bhd's value of 1.04 is 81.4% below this industry median. Based on the distribution chart, Central Global Bhd ranks #1467 out of 1577 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Central Global Bhd has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Central Global Bhd's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Central Global Bhd ranks #1467 out of 1577 companies for Receivables Turnover. This places Central Global Bhd in the lower half of its industry. The industry median Receivables Turnover is 5.60. Central Global Bhd's value of 1.04 is 81.4% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.60, based on 1,577 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. Central Global Bhd's current Receivables Turnover of 1.04 is 81.4% 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 Central Global Bhd and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Global Bhd's current Receivables Turnover is 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Global Bhd stock overvalued right now?
Central Global Bhd (XKLS:8052) has a current Receivables Turnover of 1.04. The current Receivables Turnover is 1.04 and 81.4% below the Chemicals industry median of 5.60. Central Global Bhd's overall GF Score™ is 40/100. 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 Central Global Bhd (XKLS:8052), the current Receivables Turnover is 1.04 as of Jun. 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.

Central Global Bhd Business Description

Address Bandar Sri Permaisuri, Jalan 5/106, A5-06 Block A Plaza Dwi Tasik, Kuala Lumpur, MYS, 56000
Central Global Bhd is a manufacturer of industrial tapes and labels stock. These are provided for professional auto spray painting, packing, advertising applications, general labeling, and identification. The group's reportable segment comprises manufacturing and sale of self-adhesive label stocks and tapes, construction contracts, trading, and others. The adhesive tape products include masking tape, painter tape, foam tape, tissue tape, polyester tape, acrylic tape, cloth tape, and others. The construction segment derives majority revenue.
40GF Score

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