Orissa Sponge Iron & Steel (BOM:504864) Receivables Turnover: 19.32 (As of Mar. 2025)

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.

What is Orissa Sponge Iron & Steel Receivables Turnover?

Orissa Sponge Iron & Steel BOM:504864 Receivables Turnover is 19.32 as of Mar. 2025. The stock has 8 warning signs investors should review.

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. Orissa Sponge Iron & Steel's Revenue for the six months ended in Mar. 2025 was ₹4,084 Mil. Orissa Sponge Iron & Steel's average Accounts Receivable for the six months ended in Mar. 2025 was ₹211 Mil. Hence, Orissa Sponge Iron & Steel's Receivables Turnover for the six months ended in Mar. 2025 was 19.32.


Orissa Sponge Iron & Steel  (BOM:504864) 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.


Orissa Sponge Iron & Steel Receivables Turnover Related Terms


Orissa Sponge Iron & Steel Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Orissa Sponge Iron & 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.

Orissa Sponge Iron & Steel Receivables Turnover Chart

Orissa Sponge Iron & Steel Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 35.91 2.70 16.02 19.32

Orissa Sponge Iron & Steel Semi-Annual Data
Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
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 0.00 35.91 2.70 16.02 19.32

BOM:504864 vs NUE: Receivables Turnover Comparison

For the Steel subindustry, Orissa Sponge Iron & 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.


Orissa Sponge Iron & Steel Receivables Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Orissa Sponge Iron & Steel's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Orissa Sponge Iron & Steel's Receivables Turnover falls into.



Orissa Sponge Iron & Steel Receivables Turnover Calculation

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

Orissa Sponge Iron & Steel's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=4083.506 / ((73.86 + 348.896) / 2 )
=4083.506 / 211.378
=19.32

Orissa Sponge Iron & Steel's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=4083.506 / ((73.86 + 348.896) / 2 )
=4083.506 / 211.378
=19.32

* 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 19.32 mean?
Orissa Sponge Iron & Steel (BOM:504864) has a Receivables Turnover of 19.32 as of Mar. 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 Orissa Sponge Iron & Steel and its competitors.
Is Orissa Sponge Iron & Steel's Receivables Turnover too high?
Orissa Sponge Iron & Steel's current Receivables Turnover is 19.32. The Steel industry median Receivables Turnover is 7.20. Orissa Sponge Iron & Steel's value of 19.32 is 168.5% above this industry median.
How does Orissa Sponge Iron & Steel's Receivables Turnover compare to NUE?
Orissa Sponge Iron & Steel's Receivables Turnover of 19.32 can be compared against companies in the Steel industry. The industry median Receivables Turnover is 7.20. Orissa Sponge Iron & Steel's value of 19.32 is 168.5% above 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 7.20, based on 608 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. Orissa Sponge Iron & Steel's current Receivables Turnover of 19.32 is 168.5% above 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 Orissa Sponge Iron & Steel and its competitors. For the Steel industry, the median Receivables Turnover is 7.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orissa Sponge Iron & Steel's current Receivables Turnover is 19.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orissa Sponge Iron & Steel stock overvalued right now?
Orissa Sponge Iron & Steel (BOM:504864) has a current Receivables Turnover of 19.32. The current Receivables Turnover is 19.32 and 168.5% above the Steel industry median of 7.20. 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 Orissa Sponge Iron & Steel (BOM:504864), the current Receivables Turnover is 19.32 as of Mar. 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.

Orissa Sponge Iron & Steel Business Description

Address A 201, First Floor, Okhla Industrial Area, Phase I, New Delhi, IND, 110020
Orissa Sponge Iron & Steel Ltd is engaged in manufacturing and selling iron and steel. It mainly operates coal-based sponge iron plants, waste energy recovery-based power plants, and a billet-making plant. The Company's business activities falls within a single primary business segment which is Iron & Steel. The firm generates revenues through the sale of surplus power, and also involves in providing engineering and technical services. It operates a coal-based sponge iron plant, waste energy recovery-based power plants, and a billet-making plant.