Riddhi Steel and Tube (BOM:540082) Receivables Turnover: 3.82 (As of Mar. 2026)

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BOM:540082 Riddhi Steel and Tube Ltd BOM:540082
51 GF Score
Price ₹206.20
GF Value ₹87.27
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Riddhi Steel and Tube Receivables Turnover?

Riddhi Steel and Tube BOM:540082 51 Receivables Turnover is 3.82 as of Mar. 2026. GuruFocus rates BOM:540082 with a GF Score™ of 51/100 and a GF Value™ of ₹87.27 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 605 Steel companies, Riddhi Steel and Tube ranks better than 57.52% 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. Riddhi Steel and Tube's Revenue for the six months ended in Mar. 2026 was ₹2,111 Mil. Riddhi Steel and Tube's average Accounts Receivable for the six months ended in Mar. 2026 was ₹552 Mil. Hence, Riddhi Steel and Tube's Receivables Turnover for the six months ended in Mar. 2026 was 3.82.


Riddhi Steel and Tube  (BOM:540082) 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.


Riddhi Steel and Tube Receivables Turnover Related Terms


Riddhi Steel and Tube Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Riddhi Steel and Tube'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.

Riddhi Steel and Tube Receivables Turnover Chart

Riddhi Steel and Tube 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 6.19 5.44 5.61 7.30 9.17

Riddhi Steel and Tube Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 3.13 2.96 4.60 4.25 3.82

BOM:540082 vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, Riddhi Steel and Tube'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.


Riddhi Steel and Tube Receivables Turnover vs Steel Industry

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

* The bar in red indicates where Riddhi Steel and Tube's Receivables Turnover falls into.


BOM:540082
51GF Score
Riddhi Steel and Tube Ltd BOM:540082
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Riddhi Steel and Tube Receivables Turnover Calculation

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

Riddhi Steel and Tube'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 )
=4578.834 / ((527.115 + 471.259) / 2 )
=4578.834 / 499.187
=9.17

Riddhi Steel and Tube'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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=2110.847 / ((632.977 + 471.259) / 2 )
=2110.847 / 552.118
=3.82

* 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 3.82 mean?
Riddhi Steel and Tube (BOM:540082) has a Receivables Turnover of 3.82 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 Riddhi Steel and Tube and its competitors. According to the industry distribution chart, Riddhi Steel and Tube ranks #257 out of 605 companies in the Steel industry, placing it in the top 42.5%.
Is Riddhi Steel and Tube's Receivables Turnover too high?
Riddhi Steel and Tube's current Receivables Turnover is 3.82. The Steel industry median Receivables Turnover is 7.23. Riddhi Steel and Tube's value of 3.82 is 47.2% below this industry median. Based on the distribution chart, Riddhi Steel and Tube ranks #257 out of 605 companies in the Steel industry, which is above the industry midpoint. Overall, Riddhi Steel and Tube has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riddhi Steel and Tube's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Riddhi Steel and Tube ranks #257 out of 605 companies for Receivables Turnover. This puts Riddhi Steel and Tube in the upper half of its industry. The industry median Receivables Turnover is 7.23. Riddhi Steel and Tube's value of 3.82 is 47.2% 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 605 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. Riddhi Steel and Tube's current Receivables Turnover of 3.82 is 47.2% 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 Riddhi Steel and Tube 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. Riddhi Steel and Tube's current Receivables Turnover is 3.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riddhi Steel and Tube stock overvalued right now?
Based on GuruFocus' analysis, Riddhi Steel and Tube (BOM:540082) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹87.27, compared to a current price of ₹206.20 — trading 136.3% above its estimated fair value. The current Receivables Turnover is 3.82 and 47.2% below the Steel industry median of 7.23. Riddhi Steel and Tube's overall GF Score™ is 51/100 with 1 warning sign 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 Riddhi Steel and Tube (BOM:540082), the current Receivables Turnover is 3.82 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 Riddhi Steel and Tube (BOM:540082) Overvalued in 2026?

Based on GuruFocus' analysis, Riddhi Steel and Tube stock appears to be overvalued. The current stock price of ₹206.20 is trading 136.3% above its estimated GF Value™ of ₹87.27. GuruFocus considers Riddhi Steel and Tube to be Significantly Overvalued.

Key valuation signals for BOM:540082:

  • Receivables Turnover: 3.82
  • GF Value™: ₹87.27 vs. price of ₹206.20 (136.3% above fair value)
  • GF Score™: 51/100 with 1 warning sign
  • Industry Position: 47.2% below the Steel median (#257 of 605)

No single metric tells the full story. See the BOM:540082 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riddhi Steel and Tube Business Description

Address Piplaj Pirana Road, 83/84, Opposite Devraj Industrial Park, Post- Aslali, Village - Kamod, Ahmedabad, GJ, IND, 382427
Riddhi Steel and Tube Ltd is engaged in manufacturing and galvanised steel pipes in various sizes, tubes, and hollow profiles and of tube and pipe fittings of cast iron or cast steel. The product line of the company includes MS Black Pipes, Pre-Galvanised Pipes, and Galvanised Pipes, which are used in agriculture, industry, and construction activities like scaffolding and casing in bore wells; Square and Rectangular Hollow Sections used in engineering applications, Pre-Galvanised Pipes used by various manufacturers. The company generates all of its revenue from Domestic sales.
51GF Score

Get the complete analysis for BOM:540082

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

₹206.20
Price
₹87.27
GF Value