Tulsyan NEC (BOM:513629) Receivables Turnover: 1.70 (As of Mar. 2026)

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BOM:513629 Tulsyan NEC Ltd BOM:513629
37 GF Score
Price ₹27.60
GF Value ₹51.47
Valuation Possible Value Trap
! 4 Warning Signs
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What is Tulsyan NEC Receivables Turnover?

Tulsyan NEC BOM:513629 +1.55% 37 Receivables Turnover is 1.70 as of Mar. 2026. GuruFocus rates BOM:513629 with a GF Score™ of 37/100 and a GF Value™ of ₹51.47 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 607 Steel companies, Tulsyan NEC ranks better than 55.52% 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. Tulsyan NEC's Revenue for the three months ended in Mar. 2026 was ₹1,650 Mil. Tulsyan NEC's average Accounts Receivable for the three months ended in Mar. 2026 was ₹972 Mil. Hence, Tulsyan NEC's Receivables Turnover for the three months ended in Mar. 2026 was 1.70.


Tulsyan NEC  (BOM:513629) 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.


Tulsyan NEC Receivables Turnover Related Terms


Tulsyan NEC Receivables Turnover Historical Data

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The historical data trend for Tulsyan NEC'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.

Tulsyan NEC Receivables Turnover Chart

Tulsyan NEC 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 5.24 7.90 9.37 8.50 8.27

Tulsyan NEC 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 2.18 2.62 2.04 1.39 1.70

BOM:513629 vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, Tulsyan NEC'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.


Tulsyan NEC Receivables Turnover vs Steel Industry

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

* The bar in red indicates where Tulsyan NEC's Receivables Turnover falls into.


BOM:513629
37GF Score
Tulsyan NEC Ltd BOM:513629
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tulsyan NEC Receivables Turnover Calculation

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

Tulsyan NEC'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 )
=8075.538 / ((981.245 + 972.046) / 2 )
=8075.538 / 976.6455
=8.27

Tulsyan NEC'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 )
=1649.68 / ((0 + 972.046) / 1 )
=1649.68 / 972.046
=1.70

* 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 1.70 mean?
Tulsyan NEC (BOM:513629) has a Receivables Turnover of 1.70 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 Tulsyan NEC and its competitors. According to the industry distribution chart, Tulsyan NEC ranks #270 out of 607 companies in the Steel industry, placing it in the top 44.5%.
Is Tulsyan NEC's Receivables Turnover too high?
Tulsyan NEC's current Receivables Turnover is 1.70. The Steel industry median Receivables Turnover is 7.23. Tulsyan NEC's value of 1.70 is 76.5% below this industry median. Based on the distribution chart, Tulsyan NEC ranks #270 out of 607 companies in the Steel industry, which is above the industry midpoint. Overall, Tulsyan NEC has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tulsyan NEC's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Tulsyan NEC ranks #270 out of 607 companies for Receivables Turnover. This puts Tulsyan NEC in the upper half of its industry. The industry median Receivables Turnover is 7.23. Tulsyan NEC's value of 1.70 is 76.5% 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 7.23, based on 607 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. Tulsyan NEC's current Receivables Turnover of 1.70 is 76.5% 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 Tulsyan NEC and its competitors. For the Steel industry, the median Receivables Turnover is 7.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tulsyan NEC's current Receivables Turnover is 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tulsyan NEC stock overvalued right now?
Based on GuruFocus' analysis, Tulsyan NEC (BOM:513629) is currently considered Possible Value Trap. The stock's GF Value™ is ₹51.47, compared to a current price of ₹27.60 — trading 46.4% below its estimated fair value. The current Receivables Turnover is 1.70 and 76.5% below the Steel industry median of 7.23. Tulsyan NEC's overall GF Score™ is 37/100 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 Tulsyan NEC (BOM:513629), the current Receivables Turnover is 1.70 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 Tulsyan NEC (BOM:513629) Overvalued in 2026?

Based on GuruFocus' analysis, Tulsyan NEC stock appears to be undervalued. The current stock price of ₹27.60 is trading 46.4% below its estimated GF Value™ of ₹51.47. GuruFocus considers Tulsyan NEC to be Possible Value Trap.

Key valuation signals for BOM:513629:

  • Receivables Turnover: 1.70
  • GF Value™: ₹51.47 vs. price of ₹27.60 (46.4% below fair value)
  • GF Score™: 37/100 with 4 warning signs
  • Industry Position: 76.5% below the Steel median (#270 of 607)

No single metric tells the full story. See the BOM:513629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tulsyan NEC Business Description

Address Old No. 3, Nungambakkam High Road, Apex Plaza, 1st Floor, New No. 77, Chennai, TN, IND, 600 034
Tulsyan NEC Ltd operates in three segments i.e., (a) Steel Division; (b) Synthetic Division; and (c) Power. Its principal steel products are Thermo Mechanically Treated (TMT) bars. The company is recognized for being the first licensed rolling mill in South India to produce TMT steel rebars, utilizing modern machinery imported from Europe and maintaining a focus on technology, quality, and cost. Tulsyan NEC generates revenue predominantly through the sale of these steel bars, along with power and high-density polyethylene/polypropylene woven sacks under its packaging division. Its operations are concentrated mainly in South India.
37GF Score

Get the complete analysis for BOM:513629

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

₹27.60
Price
₹51.47
GF Value