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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. Mangels Industrial's Revenue for the
three
months ended in Mar. 2026 was R$266 Mil. Mangels Industrial's average Accounts Receivable for the
three
months ended in Mar. 2026 was R$84 Mil.
Hence, Mangels Industrial's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.17.
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.
Mangels Industrial Receivables Turnover Related Terms
Mangels Industrial Receivables Turnover Historical Data
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The historical data trend for Mangels Industrial'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.
BSP:MGEL3 vs NUE, STLD, RS: Receivables Turnover Comparison
For the Steel subindustry, Mangels Industrial'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.
Mangels Industrial Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Mangels Industrial's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Mangels Industrial'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.
Mangels Industrial (BSP:MGEL3) has a Receivables Turnover of 3.17 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 Mangels Industrial and its competitors. According to the industry distribution chart, Mangels Industrial ranks #199 out of 607 companies in the Steel industry, placing it in the top 32.8%.
Is Mangels Industrial's Receivables Turnover too high?
Mangels Industrial's current Receivables Turnover is 3.17. The Steel industry median Receivables Turnover is 7.23. Mangels Industrial's value of 3.17 is 56.2% below this industry median. Based on the distribution chart, Mangels Industrial ranks #199 out of 607 companies in the Steel industry, which is above the industry midpoint. Overall, Mangels Industrial has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Mangels Industrial's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Mangels Industrial ranks #199 out of 607 companies for Receivables Turnover. This puts Mangels Industrial in the upper half of its industry. The industry median Receivables Turnover is 7.23. Mangels Industrial's value of 3.17 is 56.2% 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. Mangels Industrial's current Receivables Turnover of 3.17 is 56.2% 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 Mangels Industrial 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. Mangels Industrial's current Receivables Turnover is 3.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangels Industrial stock overvalued right now?
Mangels Industrial (BSP:MGEL3) has a current Receivables Turnover of 3.17. The stock's GF Value™ is R$143.53, compared to a current price of R$75.00 — trading 47.7% below its estimated fair value. The current Receivables Turnover is 3.17 and 56.2% below the Steel industry median of 7.23. Mangels Industrial's overall GF Score™ is 8/100 with 6 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 Mangels Industrial (BSP:MGEL3), the current Receivables Turnover is 3.17 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 Mangels Industrial (BSP:MGEL3) Overvalued in 2026?
Based on GuruFocus' analysis, Mangels Industrial stock appears to be undervalued.
The current stock price of R$75.00 is trading 47.7% below its estimated GF Value™ of R$143.53.
Key valuation signals for BSP:MGEL3:
Receivables Turnover: 3.17
GF Value™: R$143.53 vs. price of R$75.00 (47.7% below fair value)
Industry Position: 56.2% below the Steel median (#199 of 607)
No single metric tells the full story. See the BSP:MGEL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mangels Industrial SA produces, markets, sells and distributes steel and related products. It operates in four segments, Steel, Wheel, Cylinder and Galvanizing. It supplies wheels to the car industry, motorcycles, trucks, buses, appliances, and gas companies; liquefied petroleum gas cylinders; air tanks for heavy vehicles, agricultural machinery, and air compressors; rear axles for light vehicles; and rolls, blanks, and sheets of low carbon and high strength steel for use in motorcycles, electronics and accessories, and hardware components.
8GF Score
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