CWG Holdings Bhd (XKLS:9423) Receivables Turnover: 0.53 (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:9423 CWG Holdings Bhd XKLS:9423
56 GF Score
Price RM0.15
GF Value RM0.28
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is CWG Holdings Bhd Receivables Turnover?

CWG Holdings Bhd XKLS:9423 56 Receivables Turnover is 0.53 as of Mar. 2026. GuruFocus rates XKLS:9423 with a GF Score™ of 56/100 and a GF Value™ of RM0.28 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 281 Forest Products companies, CWG Holdings Bhd ranks worse than 71.89% 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. CWG Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM19.1 Mil. CWG Holdings Bhd's average Accounts Receivable for the three months ended in Mar. 2026 was RM35.8 Mil. Hence, CWG Holdings Bhd's Receivables Turnover for the three months ended in Mar. 2026 was 0.53.


CWG Holdings Bhd  (XKLS:9423) 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.


CWG Holdings Bhd Receivables Turnover Related Terms


CWG Holdings Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for CWG 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.

CWG Holdings Bhd Receivables Turnover Chart

CWG Holdings Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.53 7.15 6.68 5.15 6.91

CWG 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 1.29 1.66 1.28 1.32 0.53

XKLS:9423 vs SLVM: Receivables Turnover Comparison

For the Paper & Paper Products subindustry, CWG 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.


CWG Holdings Bhd Receivables Turnover vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, CWG Holdings Bhd's Receivables Turnover distribution charts can be found below:

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


XKLS:9423
56GF Score
CWG Holdings Bhd XKLS:9423
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CWG Holdings Bhd Receivables Turnover Calculation

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

CWG Holdings Bhd's Receivables Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Receivables Turnover (A: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2025 ) / ((Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Jun. 2025 )) / count )
=108.553 / ((9.802 + 21.626) / 2 )
=108.553 / 15.714
=6.91

CWG 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 )
=19.111 / ((50.329 + 21.218) / 2 )
=19.111 / 35.7735
=0.53

* 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 0.53 mean?
CWG Holdings Bhd (XKLS:9423) has a Receivables Turnover of 0.53 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 CWG Holdings Bhd and its competitors. According to the industry distribution chart, CWG Holdings Bhd ranks #202 out of 281 companies in the Forest Products industry, placing it in the top 71.9%.
Is CWG Holdings Bhd's Receivables Turnover too high?
CWG Holdings Bhd's current Receivables Turnover is 0.53. The Forest Products industry median Receivables Turnover is 6.69. CWG Holdings Bhd's value of 0.53 is 92.1% below this industry median. Based on the distribution chart, CWG Holdings Bhd ranks #202 out of 281 companies in the Forest Products industry, which is below the industry midpoint. Overall, CWG Holdings Bhd has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CWG Holdings Bhd's Receivables Turnover compare to SLVM?
According to the Forest Products industry distribution chart, CWG Holdings Bhd ranks #202 out of 281 companies for Receivables Turnover. This places CWG Holdings Bhd in the lower half of its industry. The industry median Receivables Turnover is 6.69. CWG Holdings Bhd's value of 0.53 is 92.1% 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 Forest Products company?
The median Receivables Turnover among Forest Products companies is 6.69, based on 281 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. CWG Holdings Bhd's current Receivables Turnover of 0.53 is 92.1% 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 CWG Holdings Bhd and its competitors. For the Forest Products industry, the median Receivables Turnover is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CWG Holdings Bhd's current Receivables Turnover is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CWG Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, CWG Holdings Bhd (XKLS:9423) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.28, compared to a current price of RM0.15 — trading 46.4% below its estimated fair value. The current Receivables Turnover is 0.53 and 92.1% below the Forest Products industry median of 6.69. CWG Holdings Bhd's overall GF Score™ is 56/100 with 5 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 CWG Holdings Bhd (XKLS:9423), the current Receivables Turnover is 0.53 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 CWG Holdings Bhd (XKLS:9423) Overvalued in 2026?

Based on GuruFocus' analysis, CWG Holdings Bhd stock appears to be undervalued. The current stock price of RM0.15 is trading 46.4% below its estimated GF Value™ of RM0.28. GuruFocus considers CWG Holdings Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:9423:

  • Receivables Turnover: 0.53
  • GF Value™: RM0.28 vs. price of RM0.15 (46.4% below fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 92.1% below the Forest Products median (#202 of 281)

No single metric tells the full story. See the XKLS:9423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CWG Holdings Bhd Business Description

Address 6428, Lorong Mak Mandin Tiga, Mak Mandin Industrial Estate, Butterworth, Seberang Perai, PNG, MYS, 13400
CWG Holdings Bhd is a Malaysia based investment holding company. Through its subsidiaries, the company is involved in the manufacture and sale of stationery and printing material. The products offered include spiral notebooks, pads, hardcover books, files, paper bags, gift wraps, and the publishing of children's books. The group has three segments namely, Manufacture and sale of stationery and printing materials, property development and Investment holding. The company geographically operates in Malaysia, Other Asian countries, Oceania, Europe, Africa and America. It generates majority of its revenue from Other Asian countries.
56GF Score

Get the complete analysis for XKLS:9423

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

RM0.15
Price
RM0.28
GF Value