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. Vulcan Steel's Revenue for the
six
months ended in Dec. 2025 was A$466.3 Mil. Vulcan Steel's average Accounts Receivable for the
six
months ended in Dec. 2025 was A$124.6 Mil.
Hence, Vulcan Steel's Receivables Turnover for the
six
months ended in Dec. 2025 was 3.74.
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.
Vulcan Steel Receivables Turnover Related Terms
Vulcan Steel Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Vulcan Steel'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.
ASX:VSL vs NUE, STLD, RS: Receivables Turnover Comparison
For the Steel subindustry, Vulcan Steel'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.
Vulcan Steel Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Vulcan Steel's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Vulcan Steel's Receivables Turnover falls into.
* 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.
Vulcan Steel (ASX:VSL) has a Receivables Turnover of 3.74 as of Dec. 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 Vulcan Steel and its competitors. According to the industry distribution chart, Vulcan Steel ranks #290 out of 605 companies in the Steel industry, placing it in the top 47.9%.
Is Vulcan Steel's Receivables Turnover too high?
Vulcan Steel's current Receivables Turnover is 3.74. The Steel industry median Receivables Turnover is 7.18. Vulcan Steel's value of 3.74 is 47.9% below this industry median. Based on the distribution chart, Vulcan Steel ranks #290 out of 605 companies in the Steel industry, which is above the industry midpoint. Overall, Vulcan Steel has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vulcan Steel's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Vulcan Steel ranks #290 out of 605 companies for Receivables Turnover. This puts Vulcan Steel in the upper half of its industry. The industry median Receivables Turnover is 7.18. Vulcan Steel's value of 3.74 is 47.9% 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 Steel company?
The median Receivables Turnover among Steel companies is 7.18, based on 605 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. Vulcan Steel's current Receivables Turnover of 3.74 is 47.9% 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 Vulcan Steel and its competitors. For the Steel industry, the median Receivables Turnover is 7.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vulcan Steel's current Receivables Turnover is 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Steel stock overvalued right now?
Based on GuruFocus' analysis, Vulcan Steel (ASX:VSL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$6.18, compared to a current price of A$5.12 — trading 17.2% below its estimated fair value. The current Receivables Turnover is 3.74 and 47.9% below the Steel industry median of 7.18. Vulcan Steel's overall GF Score™ is 58/100 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 Vulcan Steel (ASX:VSL), the current Receivables Turnover is 3.74 as of Dec. 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.
Is Vulcan Steel (ASX:VSL) Overvalued in 2026?
Based on GuruFocus' analysis, Vulcan Steel stock appears to be undervalued.
The current stock price of A$5.12 is trading 17.2% below its estimated GF Value™ of A$6.18.
GuruFocus considers Vulcan Steel to be Modestly Undervalued.
Key valuation signals for ASX:VSL:
Receivables Turnover: 3.74
GF Value™: A$6.18 vs. price of A$5.12 (17.2% below fair value)
Industry Position: 47.9% below the Steel median (#290 of 605)
No single metric tells the full story. See the ASX:VSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vulcan Steel Ltd is a metals distributor and processor. Its products include Steel, Stainless Steel, Engineering steel, Plate processing, and Coil processing. The company has two operating segments namely, the Steel business across New Zealand and Australia which includes Steel distribution, Plate processing, and Coil processing; and Metals business across New Zealand, which includes Stainless Steel, Engineering Steel, and Aluminium.
58GF Score
Get the complete analysis for ASX:VSL
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:VSL has been successfully added to your 
