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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. Reliance's Revenue for the
three
months ended in Jun. 2026 was €4,019 Mil. Reliance's average Accounts Receivable for the
three
months ended in Jun. 2026 was €1,804 Mil.
Hence, Reliance's Receivables Turnover for the
three
months ended in Jun. 2026 was 2.23.
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.
Reliance Receivables Turnover Related Terms
Reliance Receivables Turnover Historical Data
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The historical data trend for Reliance'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.
FRA:RS6 vs TX, CLF, STLD: Receivables Turnover Comparison
For the Steel subindustry, Reliance'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.
Reliance Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Reliance's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Reliance'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.
Reliance (FRA:RS6) has a Receivables Turnover of 2.23 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 Reliance and its competitors. According to the industry distribution chart, Reliance ranks #242 out of 606 companies in the Steel industry, placing it in the top 39.9%.
Is Reliance's Receivables Turnover too high?
Reliance's current Receivables Turnover is 2.23. The Steel industry median Receivables Turnover is 7.11. Reliance's value of 2.23 is 68.6% below this industry median. Based on the distribution chart, Reliance ranks #242 out of 606 companies in the Steel industry, which is above the industry midpoint. Overall, Reliance has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reliance's Receivables Turnover compare to TX and CLF?
According to the Steel industry distribution chart, Reliance ranks #242 out of 606 companies for Receivables Turnover. This puts Reliance in the upper half of its industry. The industry median Receivables Turnover is 7.11. Reliance's value of 2.23 is 68.6% 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 7.11, based on 606 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. Reliance's current Receivables Turnover of 2.23 is 68.6% 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 Reliance and its competitors. For the Steel industry, the median Receivables Turnover is 7.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance's current Receivables Turnover is 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance stock overvalued right now?
Based on GuruFocus' analysis, Reliance (FRA:RS6) is currently considered Modestly Overvalued. The stock's GF Value™ is €308.09, compared to a current price of €354.00 — trading 14.9% above its estimated fair value. The current Receivables Turnover is 2.23 and 68.6% below the Steel industry median of 7.11. Reliance's overall GF Score™ is 89/100 with 8 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 Reliance (FRA:RS6), the current Receivables Turnover is 2.23 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 Reliance (FRA:RS6) Overvalued in 2026?
Based on GuruFocus' analysis, Reliance stock appears to be overvalued.
The current stock price of €354.00 is trading 14.9% above its estimated GF Value™ of €308.09.
GuruFocus considers Reliance to be Modestly Overvalued.
Key valuation signals for FRA:RS6:
Receivables Turnover: 2.23
GF Value™: €308.09 vs. price of €354.00 (14.9% above fair value)
Industry Position: 68.6% below the Steel median (#242 of 606)
No single metric tells the full story. See the FRA:RS6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reliance Inc operates a network of companies providing diversified metal solutions and is the metals service center company. It distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and other specialty steel products. The company services more than 125,000 customers in a variety of industries, including consumer products, general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, industrial machinery and heavy industry. It also services the auto industry, through its toll processing operations where it processes customer-owned metal for a fee.
89GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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