Techbase Industries Bhd (XKLS:8966) Receivables Turnover: 1.09 (As of Apr. 2026)

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What is Techbase Industries Bhd Receivables Turnover?

Techbase Industries Bhd XKLS:8966 Receivables Turnover is 1.09 as of Apr. 2026. The stock has 3 warning signs investors should review. Among 1,035 Manufacturing - Apparel & Accessories companies, Techbase Industries Bhd ranks worse than 79.42% 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. Techbase Industries Bhd's Revenue for the three months ended in Apr. 2026 was RM52.1 Mil. Techbase Industries Bhd's average Accounts Receivable for the three months ended in Apr. 2026 was RM47.7 Mil. Hence, Techbase Industries Bhd's Receivables Turnover for the three months ended in Apr. 2026 was 1.09.


Techbase Industries Bhd  (XKLS:8966) 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.


Techbase Industries Bhd Receivables Turnover Related Terms


Techbase Industries Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Techbase Industries 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.

Techbase Industries Bhd Receivables Turnover Chart

Techbase Industries Bhd Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.76 4.38 3.50 4.54 5.83

Techbase Industries 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 1.07 0.92 0.83 1.37 1.09

XKLS:8966 vs RL, LEVI, VFC: Receivables Turnover Comparison

For the Apparel Manufacturing subindustry, Techbase Industries 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.


Techbase Industries Bhd Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Techbase Industries Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Techbase Industries Bhd's Receivables Turnover falls into.



Techbase Industries Bhd Receivables Turnover Calculation

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

Techbase Industries Bhd's Receivables Turnover for the fiscal year that ended in Jul. 2025 is calculated as

Receivables Turnover (A: Jul. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jul. 2025 ) / ((Accounts Receivable (A: Jul. 2024 ) + Accounts Receivable (A: Jul. 2025 )) / count )
=209.614 / ((26.496 + 45.354) / 2 )
=209.614 / 35.925
=5.83

Techbase Industries 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 )
=52.125 / ((48.119 + 47.183) / 2 )
=52.125 / 47.651
=1.09

* 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 1.09 mean?
Techbase Industries Bhd (XKLS:8966) has a Receivables Turnover of 1.09 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 Techbase Industries Bhd and its competitors. According to the industry distribution chart, Techbase Industries Bhd ranks #822 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 79.4%.
Is Techbase Industries Bhd's Receivables Turnover too high?
Techbase Industries Bhd's current Receivables Turnover is 1.09. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.89. Techbase Industries Bhd's value of 1.09 is 84.2% below this industry median. Based on the distribution chart, Techbase Industries Bhd ranks #822 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers.
How does Techbase Industries Bhd's Receivables Turnover compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Techbase Industries Bhd ranks #822 out of 1035 companies for Receivables Turnover. This places Techbase Industries Bhd in the lower half of its industry. The industry median Receivables Turnover is 6.89. Techbase Industries Bhd's value of 1.09 is 84.2% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.89, based on 1,035 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. Techbase Industries Bhd's current Receivables Turnover of 1.09 is 84.2% 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 Techbase Industries Bhd and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techbase Industries Bhd's current Receivables Turnover is 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techbase Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Techbase Industries Bhd (XKLS:8966) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.10, compared to a current price of RM0.06 — trading 40% below its estimated fair value. The current Receivables Turnover is 1.09 and 84.2% below the Manufacturing - Apparel & Accessories industry median of 6.89. 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 Techbase Industries Bhd (XKLS:8966), the current Receivables Turnover is 1.09 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.

Techbase Industries Bhd Business Description

Address PTD 94657, Batu 6, Jalan Mersing, Kluang, JHR, MYS, 86000
Techbase Industries Bhd is engaged in Apparel Manufacturing and the Textile industry. Its apparel section includes products such as outerwear, tops, and bottoms, children's and adult wear. The company has four reportable operating segments: Apparel, Textile, Advertising, and Others. The majority of revenue is earned from the apparel segment.