Greater Bay Holdings Bhd (XKLS:9148) Receivables Turnover: 1.26 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:9148 Greater Bay Holdings Bhd XKLS:9148
43 GF Score
Price RM0.58
GF Value RM0.87
Valuation Significantly Undervalued
! 7 Warning Signs
View Full Analysis

What is Greater Bay Holdings Bhd Receivables Turnover?

Greater Bay Holdings Bhd XKLS:9148 43 Receivables Turnover is 1.26 as of Mar. 2026. GuruFocus rates XKLS:9148 with a GF Score™ of 43/100 and a GF Value™ of RM0.87 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 395 Packaging & Containers companies, Greater Bay Holdings Bhd ranks worse than 61.01% 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. Greater Bay Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM10.12 Mil. Greater Bay Holdings Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM8.03 Mil. Hence, Greater Bay Holdings Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 1.26.


Greater Bay Holdings Bhd  (XKLS:9148) 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.


Greater Bay Holdings Bhd Receivables Turnover Related Terms


Greater Bay Holdings Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Greater Bay Holdings 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.

Greater Bay Holdings Bhd Receivables Turnover Chart

Greater Bay Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.73 4.96 4.01 4.84 4.74

Greater Bay Holdings Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 1.22 1.14 1.14 1.18 1.26

XKLS:9148 vs SW, PKG, IP: Receivables Turnover Comparison

For the Packaging & Containers subindustry, Greater Bay Holdings 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.


Greater Bay Holdings Bhd Receivables Turnover vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Greater Bay Holdings Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Greater Bay Holdings Bhd's Receivables Turnover falls into.


XKLS:9148
43GF Score
Greater Bay Holdings Bhd XKLS:9148
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greater Bay Holdings Bhd Receivables Turnover Calculation

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

Greater Bay Holdings Bhd's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=38.025 / ((7.441 + 8.611) / 2 )
=38.025 / 8.026
=4.74

Greater Bay Holdings 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 )
=10.12 / ((8.611 + 7.45) / 2 )
=10.12 / 8.0305
=1.26

* 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 1.26 mean?
Greater Bay Holdings Bhd (XKLS:9148) has a Receivables Turnover of 1.26 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 Greater Bay Holdings Bhd and its competitors. According to the industry distribution chart, Greater Bay Holdings Bhd ranks #241 out of 395 companies in the Packaging & Containers industry, placing it in the top 61%.
Is Greater Bay Holdings Bhd's Receivables Turnover too high?
Greater Bay Holdings Bhd's current Receivables Turnover is 1.26. The Packaging & Containers industry median Receivables Turnover is 5.46. Greater Bay Holdings Bhd's value of 1.26 is 76.9% below this industry median. Based on the distribution chart, Greater Bay Holdings Bhd ranks #241 out of 395 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Greater Bay Holdings Bhd has a GF Score™ of 43/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greater Bay Holdings Bhd's Receivables Turnover compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Greater Bay Holdings Bhd ranks #241 out of 395 companies for Receivables Turnover. This places Greater Bay Holdings Bhd in the lower half of its industry. The industry median Receivables Turnover is 5.46. Greater Bay Holdings Bhd's value of 1.26 is 76.9% 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 Packaging & Containers company?
The median Receivables Turnover among Packaging & Containers companies is 5.46, based on 395 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. Greater Bay Holdings Bhd's current Receivables Turnover of 1.26 is 76.9% 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 Greater Bay Holdings Bhd and its competitors. For the Packaging & Containers industry, the median Receivables Turnover is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greater Bay Holdings Bhd's current Receivables Turnover is 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greater Bay Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Greater Bay Holdings Bhd (XKLS:9148) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.87, compared to a current price of RM0.58 — trading 33.9% below its estimated fair value. The current Receivables Turnover is 1.26 and 76.9% below the Packaging & Containers industry median of 5.46. Greater Bay Holdings Bhd's overall GF Score™ is 43/100 with 7 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 Greater Bay Holdings Bhd (XKLS:9148), the current Receivables Turnover is 1.26 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 Greater Bay Holdings Bhd (XKLS:9148) Overvalued in 2026?

Based on GuruFocus' analysis, Greater Bay Holdings Bhd stock appears to be undervalued. The current stock price of RM0.58 is trading 33.9% below its estimated GF Value™ of RM0.87. GuruFocus considers Greater Bay Holdings Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:9148:

  • Receivables Turnover: 1.26
  • GF Value™: RM0.87 vs. price of RM0.58 (33.9% below fair value)
  • GF Score™: 43/100 with 7 warning signs
  • Industry Position: 76.9% below the Packaging & Containers median (#241 of 395)

No single metric tells the full story. See the XKLS:9148 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greater Bay Holdings Bhd Business Description

Address Lot 2, Jalan P/2A, Kawasan MIEL, Bangi Industrial Estate, Bandar Baru Bangi, SGR, MYS, 43650
Greater Bay Holdings Bhd is principally engaged in the manufacturing business of Laminated Flexible Packaging for the Food and Medical Industries. Further, it is also involved in real estate/property investments and management. Geographically, the company operates in Malaysia, Mauritius, and Brunei, generating the highest revenue from Malaysian markets.
43GF Score

Get the complete analysis for XKLS:9148

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

RM0.58
Price
RM0.87
GF Value