Goodluck India (BOM:530655) Receivables Turnover: 2.66 (As of Jun. 2026)

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BOM:530655 Goodluck India Ltd BOM:530655
78 GF Score
Price ₹450.15
GF Value ₹255.46
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Goodluck India Receivables Turnover?

Goodluck India BOM:530655 +4.00% 78 Receivables Turnover is 2.66 as of Jun. 2026. GuruFocus rates BOM:530655 with a GF Score™ of 78/100 and a GF Value™ of ₹255.46 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 607 Steel companies, Goodluck India ranks better than 65.07% 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. Goodluck India's Revenue for the three months ended in Jun. 2026 was ₹12,735 Mil. Goodluck India's average Accounts Receivable for the three months ended in Jun. 2026 was ₹4,785 Mil. Hence, Goodluck India's Receivables Turnover for the three months ended in Jun. 2026 was 2.66.


Goodluck India  (BOM:530655) 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.


Goodluck India Receivables Turnover Related Terms


Goodluck India Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Goodluck India'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.

Goodluck India Receivables Turnover Chart

Goodluck India 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 11.77 11.60 13.09 13.42 9.87

Goodluck India 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 2.83 1.99 2.09 2.25 2.66

BOM:530655 vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, Goodluck India'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.


Goodluck India Receivables Turnover vs Steel Industry

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

* The bar in red indicates where Goodluck India's Receivables Turnover falls into.


BOM:530655
78GF Score
Goodluck India Ltd BOM:530655
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Goodluck India Receivables Turnover Calculation

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

Goodluck India'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 )
=40581.041 / ((3441.987 + 4784.885) / 2 )
=40581.041 / 4113.436
=9.87

Goodluck India'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 )
=12734.717 / ((4784.885 + 0) / 1 )
=12734.717 / 4784.885
=2.66

* 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 2.66 mean?
Goodluck India (BOM:530655) has a Receivables Turnover of 2.66 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 Goodluck India and its competitors. According to the industry distribution chart, Goodluck India ranks #212 out of 607 companies in the Steel industry, placing it in the top 34.9%.
Is Goodluck India's Receivables Turnover too high?
Goodluck India's current Receivables Turnover is 2.66. The Steel industry median Receivables Turnover is 7.23. Goodluck India's value of 2.66 is 63.2% below this industry median. Based on the distribution chart, Goodluck India ranks #212 out of 607 companies in the Steel industry, which is above the industry midpoint. Overall, Goodluck India has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodluck India's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Goodluck India ranks #212 out of 607 companies for Receivables Turnover. This puts Goodluck India in the upper half of its industry. The industry median Receivables Turnover is 7.23. Goodluck India's value of 2.66 is 63.2% 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 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. Goodluck India's current Receivables Turnover of 2.66 is 63.2% 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 Goodluck India 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. Goodluck India's current Receivables Turnover is 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodluck India stock overvalued right now?
Based on GuruFocus' analysis, Goodluck India (BOM:530655) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹255.46, compared to a current price of ₹450.15 — trading 76.2% above its estimated fair value. The current Receivables Turnover is 2.66 and 63.2% below the Steel industry median of 7.23. Goodluck India's overall GF Score™ is 78/100 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 Goodluck India (BOM:530655), the current Receivables Turnover is 2.66 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 Goodluck India (BOM:530655) Overvalued in 2026?

Based on GuruFocus' analysis, Goodluck India stock appears to be overvalued. The current stock price of ₹450.15 is trading 76.2% above its estimated GF Value™ of ₹255.46. GuruFocus considers Goodluck India to be Significantly Overvalued.

Key valuation signals for BOM:530655:

  • Receivables Turnover: 2.66
  • GF Value™: ₹255.46 vs. price of ₹450.15 (76.2% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 63.2% below the Steel median (#212 of 607)

No single metric tells the full story. See the BOM:530655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goodluck India Business Description

Other Exchanges GOODLUCK:India
Address Ambedkar Road, Goodluck House, II - F, 166-167, Nehru Nagar, Ghaziabad, UP, IND, 201001
Goodluck India Ltd is engaged in the manufacturing and sale of iron and steel products. The company manufactures and sells engineering products such as heavy engineered structures, transmission and distribution towers, CDW Tubes, Precision Tubes, Pipes, Sheets and Forged engineering products. The group has a business presence in India and Outside India, of which key revenue is derived from India. The company generates the majority of its revenue from the sale of products.
78GF Score

Get the complete analysis for BOM:530655

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

₹450.15
Price
₹255.46
GF Value