S AL Steel (BOM:532604) Receivables Turnover: 6.98 (As of Mar. 2026)

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BOM:532604 S AL Steel Ltd BOM:532604
42 GF Score
Price ₹78.60
GF Value ₹4.12
Valuation Significantly Overvalued
! 12 Warning Signs
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What is S AL Steel Receivables Turnover?

S AL Steel BOM:532604 -1.03% 42 Receivables Turnover is 6.98 as of Mar. 2026. GuruFocus rates BOM:532604 with a GF Score™ of 42/100 and a GF Value™ of ₹4.12 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 607 Steel companies, S AL Steel ranks worse than 64.58% 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. S AL Steel's Revenue for the three months ended in Mar. 2026 was ₹119 Mil. S AL Steel's average Accounts Receivable for the three months ended in Mar. 2026 was ₹17 Mil. Hence, S AL Steel's Receivables Turnover for the three months ended in Mar. 2026 was 6.98.


S AL Steel  (BOM:532604) 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.


S AL Steel Receivables Turnover Related Terms


S AL Steel Receivables Turnover Historical Data

* Premium members only.

The historical data trend for S AL Steel'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.

S AL Steel Receivables Turnover Chart

S AL Steel 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 7.18 7.94 8.47 8.12 5.97

S AL Steel 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 1.72 1.88 1.60 0.05 6.98

BOM:532604 vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, S AL Steel'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.


S AL Steel Receivables Turnover vs Steel Industry

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

* The bar in red indicates where S AL Steel's Receivables Turnover falls into.


BOM:532604
42GF Score
S AL Steel Ltd BOM:532604
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S AL Steel Receivables Turnover Calculation

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

S AL Steel'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 )
=2074 / ((678.114 + 17.1) / 2 )
=2074 / 347.607
=5.97

S AL Steel'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 )
=119.3 / ((0 + 17.1) / 1 )
=119.3 / 17.1
=6.98

* 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 6.98 mean?
S AL Steel (BOM:532604) has a Receivables Turnover of 6.98 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 S AL Steel and its competitors. According to the industry distribution chart, S AL Steel ranks #392 out of 607 companies in the Steel industry, placing it in the top 64.6%.
Is S AL Steel's Receivables Turnover too high?
S AL Steel's current Receivables Turnover is 6.98. The Steel industry median Receivables Turnover is 7.23. S AL Steel's value of 6.98 is 3.5% below this industry median. Based on the distribution chart, S AL Steel ranks #392 out of 607 companies in the Steel industry, which is below the industry midpoint. Overall, S AL Steel has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S AL Steel's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, S AL Steel ranks #392 out of 607 companies for Receivables Turnover. This places S AL Steel in the lower half of its industry. The industry median Receivables Turnover is 7.23. S AL Steel's value of 6.98 is 3.5% 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. S AL Steel's current Receivables Turnover of 6.98 is 3.5% 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 S AL Steel 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. S AL Steel's current Receivables Turnover is 6.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S AL Steel stock overvalued right now?
Based on GuruFocus' analysis, S AL Steel (BOM:532604) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹4.12, compared to a current price of ₹78.60 — trading 1807.8% above its estimated fair value. The current Receivables Turnover is 6.98 and 3.5% below the Steel industry median of 7.23. S AL Steel's overall GF Score™ is 42/100 with 12 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 S AL Steel (BOM:532604), the current Receivables Turnover is 6.98 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 S AL Steel (BOM:532604) Overvalued in 2026?

Based on GuruFocus' analysis, S AL Steel stock appears to be overvalued. The current stock price of ₹78.60 is trading 1807.8% above its estimated GF Value™ of ₹4.12. GuruFocus considers S AL Steel to be Significantly Overvalued.

Key valuation signals for BOM:532604:

  • Receivables Turnover: 6.98
  • GF Value™: ₹4.12 vs. price of ₹78.60 (1807.8% above fair value)
  • GF Score™: 42/100 with 12 warning signs
  • Industry Position: 3.5% below the Steel median (#392 of 607)

No single metric tells the full story. See the BOM:532604 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


S AL Steel Business Description

Other Exchanges SALSTEEL:India
Address Sola - Kalol Road, Shah Alloys Corporate House, Taluka Kalol, Santej, District Gandhinagar, Gandhinagar, GJ, IND, 382721
S AL Steel Ltd is engaged in manufacturing sponge iron, ferro alloys, iron ore pellets, and various finished steel products. The products manufactured by the company are sold in the domestic market as well as the international market. In addition, the company is also involved in generating 40 MW of power from waste Heat recovery Boiler and Fluidized Bed Combustion boiler at an economic price. Power generated is used for captive consumption, and surplus power is sold. Its primary reportable business segments are Iron and Steel and Power. Geographically, the company currently derives all of its revenue from India.
42GF Score

Get the complete analysis for BOM:532604

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

₹78.60
Price
₹4.12
GF Value