Kanishk Steel Industries (BOM:513456) Receivables Turnover: 4.32 (As of Jun. 2026)

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BOM:513456 Kanishk Steel Industries Ltd BOM:513456
68 GF Score
Price ₹46.77
GF Value ₹37.93
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Kanishk Steel Industries Receivables Turnover?

Kanishk Steel Industries BOM:513456 +10.10% 68 Receivables Turnover is 4.32 as of Jun. 2026. GuruFocus rates BOM:513456 with a GF Score™ of 68/100 and a GF Value™ of ₹37.93 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 606 Steel companies, Kanishk Steel Industries ranks better than 82.67% 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. Kanishk Steel Industries's Revenue for the three months ended in Jun. 2026 was ₹874 Mil. Kanishk Steel Industries's average Accounts Receivable for the three months ended in Jun. 2026 was ₹202 Mil. Hence, Kanishk Steel Industries's Receivables Turnover for the three months ended in Jun. 2026 was 4.32.


Kanishk Steel Industries  (BOM:513456) 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.


Kanishk Steel Industries Receivables Turnover Related Terms


Kanishk Steel Industries Receivables Turnover Historical Data

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The historical data trend for Kanishk 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.

Kanishk Steel Industries Receivables Turnover Chart

Kanishk 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 21.06 20.35 15.86 18.36 21.37

Kanishk 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 5.67 3.66 3.71 5.65 4.32

BOM:513456 vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, Kanishk 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.


Kanishk Steel Industries Receivables Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Kanishk Steel Industries's Receivables Turnover distribution charts can be found below:

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


BOM:513456
68GF Score
Kanishk Steel Industries Ltd BOM:513456
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kanishk Steel Industries Receivables Turnover Calculation

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

Kanishk 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 )
=4065.7 / ((178.373 + 202.104) / 2 )
=4065.7 / 190.2385
=21.37

Kanishk 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 )
=873.937 / ((202.104 + 0) / 1 )
=873.937 / 202.104
=4.32

* 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 4.32 mean?
Kanishk Steel Industries (BOM:513456) has a Receivables Turnover of 4.32 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 Kanishk Steel Industries and its competitors. According to the industry distribution chart, Kanishk Steel Industries ranks #105 out of 606 companies in the Steel industry, placing it in the top 17.3%.
Is Kanishk Steel Industries' Receivables Turnover too high?
Kanishk Steel Industries' current Receivables Turnover is 4.32. The Steel industry median Receivables Turnover is 7.20. Kanishk Steel Industries' value of 4.32 is 40% below this industry median. Based on the distribution chart, Kanishk Steel Industries ranks #105 out of 606 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Kanishk Steel Industries has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kanishk Steel Industries' Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Kanishk Steel Industries ranks #105 out of 606 companies for Receivables Turnover. This places Kanishk Steel Industries in the top 17% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.20. Kanishk Steel Industries' value of 4.32 is 40% 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 7.20, based on 606 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. Kanishk Steel Industries's current Receivables Turnover of 4.32 is 40% 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 Kanishk Steel Industries 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. Kanishk Steel Industries's current Receivables Turnover is 4.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanishk Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Kanishk Steel Industries (BOM:513456) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹37.93, compared to a current price of ₹46.77 — trading 23.3% above its estimated fair value. The current Receivables Turnover is 4.32 and 40% below the Steel industry median of 7.20. Kanishk Steel Industries' overall GF Score™ is 68/100 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 Kanishk Steel Industries (BOM:513456), the current Receivables Turnover is 4.32 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 Kanishk Steel Industries (BOM:513456) Overvalued in 2026?

Based on GuruFocus' analysis, Kanishk Steel Industries stock appears to be overvalued. The current stock price of ₹46.77 is trading 23.3% above its estimated GF Value™ of ₹37.93. GuruFocus considers Kanishk Steel Industries to be Modestly Overvalued.

Key valuation signals for BOM:513456:

  • Receivables Turnover: 4.32
  • GF Value™: ₹37.93 vs. price of ₹46.77 (23.3% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 40% below the Steel median (#105 of 606)

No single metric tells the full story. See the BOM:513456 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanishk Steel Industries Business Description

Address B27M, SIPCOT Industrial Complex, Thiruvallur District, Gummidipoondi, TN, IND, 601 201
Kanishk Steel Industries Ltd is engaged in the manufacture and supply of Iron and Steel Products. The company manufactures steel products (Finished goods), both Constructional steel and Structural steel. Its products include TMT Bars, Structurals, and Sponge Iron.
68GF Score

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

₹46.77
Price
₹37.93
GF Value