Fitters Diversified Bhd (XKLS:9318) Receivables Turnover: 0.46 (As of Feb. 2026)

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What is Fitters Diversified Bhd Receivables Turnover?

Fitters Diversified Bhd XKLS:9318 -20.00% Receivables Turnover is 0.46 as of Feb. 2026. The stock has 6 warning signs investors should review. Among 542 Conglomerates companies, Fitters Diversified Bhd ranks worse than 79.15% 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. Fitters Diversified Bhd's Revenue for the three months ended in Feb. 2026 was RM64.4 Mil. Fitters Diversified Bhd's average Accounts Receivable for the three months ended in Feb. 2026 was RM140.7 Mil. Hence, Fitters Diversified Bhd's Receivables Turnover for the three months ended in Feb. 2026 was 0.46.


Fitters Diversified Bhd  (XKLS:9318) 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.


Fitters Diversified Bhd Receivables Turnover Related Terms


Fitters Diversified Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Fitters Diversified 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.

Fitters Diversified Bhd Receivables Turnover Chart

Fitters Diversified Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 3.09 4.61 5.77 5.29

Fitters Diversified Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Nov25 Feb26
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 1.36 1.39 1.82 0.64 0.46

XKLS:9318 vs HON, MMM: Receivables Turnover Comparison

For the Conglomerates subindustry, Fitters Diversified 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.


Fitters Diversified Bhd Receivables Turnover vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Fitters Diversified Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Fitters Diversified Bhd's Receivables Turnover falls into.



Fitters Diversified Bhd Receivables Turnover Calculation

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

Fitters Diversified Bhd's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=285.889 / ((58.935 + 49.082) / 2 )
=285.889 / 54.0085
=5.29

Fitters Diversified Bhd's Receivables Turnover for the quarter that ended in Feb. 2026 is calculated as

Receivables Turnover (Q: Feb. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Feb. 2026 ) / ((Accounts Receivable (Q: Nov. 2025 ) + Accounts Receivable (Q: Feb. 2026 )) / count )
=64.353 / ((213.972 + 67.416) / 2 )
=64.353 / 140.694
=0.46

* 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 0.46 mean?
Fitters Diversified Bhd (XKLS:9318) has a Receivables Turnover of 0.46 as of Feb. 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 Fitters Diversified Bhd and its competitors. According to the industry distribution chart, Fitters Diversified Bhd ranks #429 out of 542 companies in the Conglomerates industry, placing it in the top 79.2%.
Is Fitters Diversified Bhd's Receivables Turnover too high?
Fitters Diversified Bhd's current Receivables Turnover is 0.46. The Conglomerates industry median Receivables Turnover is 6.31. Fitters Diversified Bhd's value of 0.46 is 92.7% below this industry median. Based on the distribution chart, Fitters Diversified Bhd ranks #429 out of 542 companies in the Conglomerates industry, which is in the bottom quartile relative to peers.
How does Fitters Diversified Bhd's Receivables Turnover compare to HON and MMM?
According to the Conglomerates industry distribution chart, Fitters Diversified Bhd ranks #429 out of 542 companies for Receivables Turnover. This places Fitters Diversified Bhd in the lower half of its industry. The industry median Receivables Turnover is 6.31. Fitters Diversified Bhd's value of 0.46 is 92.7% 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. Fitters Diversified Bhd's current Receivables Turnover of 0.46 is 92.7% 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 Fitters Diversified 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. Fitters Diversified Bhd's current Receivables Turnover is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fitters Diversified Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fitters Diversified Bhd (XKLS:9318) is currently considered Fairly Valued. The stock's GF Value™ is RM0.02, compared to a current price of RM0.02 — trading right at its estimated fair value. The current Receivables Turnover is 0.46 and 92.7% below the Conglomerates industry median of 6.31. 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 Fitters Diversified Bhd (XKLS:9318), the current Receivables Turnover is 0.46 as of Feb. 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.

Fitters Diversified Bhd Business Description

Address Number 1, Jalan Tembaga SD 5/2, Bandar Sri Damansara, Wisma FITTERS, Kuala Lumpur, SGR, MYS, 52200
Fitters Diversified Bhd manufactures and trades safety, firefighting equipment, and industrial products, and installs a Computerised Fire Alarm Monitoring System. Its segments include Fire services; Property development and construction; Renewable and waste-to-energy and green palm oil mill, and Investment holding. Its geographical segments include Malaysia, the British Virgin Islands, and Singapore, of which a majority of the revenue is generated within Malaysia.