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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. Garg Furnace's Revenue for the
three
months ended in Jun. 2026 was ₹592 Mil. Garg Furnace's average Accounts Receivable for the
three
months ended in Jun. 2026 was ₹235 Mil.
Hence, Garg Furnace's Receivables Turnover for the
three
months ended in Jun. 2026 was 2.51.
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.
Garg Furnace Receivables Turnover Related Terms
Garg Furnace Receivables Turnover Historical Data
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The historical data trend for Garg Furnace'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.
BOM:530615 vs NUE, STLD, RS: Receivables Turnover Comparison
For the Steel subindustry, Garg Furnace'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.
Garg Furnace Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Garg Furnace's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Garg Furnace'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.
Garg Furnace (BOM:530615) has a Receivables Turnover of 2.51 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 Garg Furnace and its competitors. According to the industry distribution chart, Garg Furnace ranks #165 out of 607 companies in the Steel industry, placing it in the top 27.2%.
Is Garg Furnace's Receivables Turnover too high?
Garg Furnace's current Receivables Turnover is 2.51. The Steel industry median Receivables Turnover is 7.23. Garg Furnace's value of 2.51 is 65.3% below this industry median. Based on the distribution chart, Garg Furnace ranks #165 out of 607 companies in the Steel industry, which is above the industry midpoint. Overall, Garg Furnace has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Garg Furnace's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Garg Furnace ranks #165 out of 607 companies for Receivables Turnover. This puts Garg Furnace in the upper half of its industry. The industry median Receivables Turnover is 7.23. Garg Furnace's value of 2.51 is 65.3% 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. Garg Furnace's current Receivables Turnover of 2.51 is 65.3% 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 Garg Furnace 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. Garg Furnace's current Receivables Turnover is 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garg Furnace stock overvalued right now?
Based on GuruFocus' analysis, Garg Furnace (BOM:530615) is currently considered Fairly Valued. The stock's GF Value™ is ₹181.22, compared to a current price of ₹175.60 — trading 3.1% below its estimated fair value. The current Receivables Turnover is 2.51 and 65.3% below the Steel industry median of 7.23. Garg Furnace's overall GF Score™ is 63/100 with 9 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 Garg Furnace (BOM:530615), the current Receivables Turnover is 2.51 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 Garg Furnace (BOM:530615) Overvalued in 2026?
Based on GuruFocus' analysis, Garg Furnace stock appears to be undervalued.
The current stock price of ₹175.60 is trading 3.1% below its estimated GF Value™ of ₹181.22.
GuruFocus considers Garg Furnace to be Fairly Valued.
Key valuation signals for BOM:530615:
Receivables Turnover: 2.51
GF Value™: ₹181.22 vs. price of ₹175.60 (3.1% below fair value)
Industry Position: 65.3% below the Steel median (#165 of 607)
No single metric tells the full story. See the BOM:530615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garg Furnace Ltd is an India-based company. It is engaged in the manufacturing and trading of alloy and non-alloy steel ingots, wire rods, wire round, mig wire, and casting of iron products. The company operates in a single reportable segment which is the business of manufacturing of Iron and Steel Products such as M.S. Round Ingot, Wire Rod, etc. Geographically, it operates only in India.
63GF Score
Get the complete analysis for BOM:530615
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