Bajaj Steel Industries (BOM:507944) Receivables Turnover: 2.11 (As of Jun. 2026)

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BOM:507944 Bajaj Steel Industries Ltd BOM:507944
71 GF Score
Price ₹351.05
GF Value ₹468.61
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Bajaj Steel Industries Receivables Turnover?

Bajaj Steel Industries BOM:507944 +0.31% 71 Receivables Turnover is 2.11 as of Jun. 2026. GuruFocus rates BOM:507944 with a GF Score™ of 71/100 and a GF Value™ of ₹468.61 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,041 Industrial Products companies, Bajaj Steel Industries ranks better than 93% 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. Bajaj Steel Industries's Revenue for the three months ended in Jun. 2026 was ₹1,204 Mil. Bajaj Steel Industries's average Accounts Receivable for the three months ended in Jun. 2026 was ₹571 Mil. Hence, Bajaj Steel Industries's Receivables Turnover for the three months ended in Jun. 2026 was 2.11.


Bajaj Steel Industries  (BOM:507944) 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.


Bajaj Steel Industries Receivables Turnover Related Terms


Bajaj Steel Industries Receivables Turnover Historical Data

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The historical data trend for Bajaj Steel Industries'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.

Bajaj Steel Industries Receivables Turnover Chart

Bajaj Steel Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.36 16.07 10.83 10.43 9.32

Bajaj Steel Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.94 4.81 3.45 2.04 2.11

BOM:507944 vs GEV, ETN, PH: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, Bajaj Steel Industries'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.


Bajaj Steel Industries Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bajaj Steel Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bajaj Steel Industries's Receivables Turnover falls into.


BOM:507944
71GF Score
Bajaj Steel Industries Ltd BOM:507944
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Bajaj Steel Industries Receivables Turnover Calculation

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

Bajaj Steel Industries's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=5241.832 / ((553.502 + 571.381) / 2 )
=5241.832 / 562.4415
=9.32

Bajaj Steel Industries's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=1203.527 / ((571.381 + 0) / 1 )
=1203.527 / 571.381
=2.11

* 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 2.11 mean?
Bajaj Steel Industries (BOM:507944) has a Receivables Turnover of 2.11 as of Jun. 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 Bajaj Steel Industries and its competitors. According to the industry distribution chart, Bajaj Steel Industries ranks #213 out of 3041 companies in the Industrial Products industry, placing it in the top 7%.
Is Bajaj Steel Industries' Receivables Turnover too high?
Bajaj Steel Industries' current Receivables Turnover is 2.11. The Industrial Products industry median Receivables Turnover is 4.51. Bajaj Steel Industries' value of 2.11 is 53.2% below this industry median. Based on the distribution chart, Bajaj Steel Industries ranks #213 out of 3041 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Bajaj Steel Industries has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bajaj Steel Industries' Receivables Turnover compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Bajaj Steel Industries ranks #213 out of 3041 companies for Receivables Turnover. This places Bajaj Steel Industries in the top 7% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.51. Bajaj Steel Industries' value of 2.11 is 53.2% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.51, based on 3,041 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. Bajaj Steel Industries's current Receivables Turnover of 2.11 is 53.2% 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 Bajaj Steel Industries and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajaj Steel Industries's current Receivables Turnover is 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajaj Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Bajaj Steel Industries (BOM:507944) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹468.61, compared to a current price of ₹351.05 — trading 25.1% below its estimated fair value. The current Receivables Turnover is 2.11 and 53.2% below the Industrial Products industry median of 4.51. Bajaj Steel Industries' overall GF Score™ is 71/100 with 4 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 Bajaj Steel Industries (BOM:507944), the current Receivables Turnover is 2.11 as of Jun. 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 Bajaj Steel Industries (BOM:507944) Overvalued in 2026?

Based on GuruFocus' analysis, Bajaj Steel Industries stock appears to be undervalued. The current stock price of ₹351.05 is trading 25.1% below its estimated GF Value™ of ₹468.61. GuruFocus considers Bajaj Steel Industries to be Modestly Undervalued.

Key valuation signals for BOM:507944:

  • Receivables Turnover: 2.11
  • GF Value™: ₹468.61 vs. price of ₹351.05 (25.1% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 53.2% below the Industrial Products median (#213 of 3041)

No single metric tells the full story. See the BOM:507944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bajaj Steel Industries Business Description

Other Exchanges BAJAJST:India
Address Plot No. C-108, MIDC Industrial Area, Hingna, Nagpur, MH, IND, 440 028
Bajaj Steel Industries Ltd is engaged in various segments such as Cotton Processing Machinery Division, Infrastructure Division, Heavy Engineering Division, Electrical Panel Division, Heavy Engineering Division ,Other Products. The company generates maximum revenue from the Cotton Processing Machinery segment. It manufactures products such as Cotton Ginning and Pressing Machinery, Cotton Cleaning, Cotton Conveying, Cotton Humidification Systems, Cotton Baling Presses, Cotton Seed Processing, Pre-engineered Buildings, Electrical Control Panels, Fire Fighting Systems, Hydraulic Cylinder, Power packs, Specialty Conveyors and Master Batches and others.
71GF Score

Get the complete analysis for BOM:507944

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

₹351.05
Price
₹468.61
GF Value