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. Friedman Industries's Revenue for the
three
months ended in Mar. 2026 was $191.8 Mil. Friedman Industries's average Accounts Receivable for the
three
months ended in Mar. 2026 was $68.0 Mil.
Hence, Friedman Industries's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.82.
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.
Friedman Industries Receivables Turnover Related Terms
Friedman Industries Receivables Turnover Historical Data
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The historical data trend for Friedman Industries'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.
FRD vs INHD, MSB, LUD: Receivables Turnover Comparison
For the Steel subindustry, Friedman Industries'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.
Friedman Industries Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Friedman Industries's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Friedman Industries'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.
Friedman Industries (FRD) has a Receivables Turnover of 2.82 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 Friedman Industries and its competitors. According to the industry distribution chart, Friedman Industries ranks #186 out of 605 companies in the Steel industry, placing it in the top 30.7%.
Is Friedman Industries' Receivables Turnover too high?
Friedman Industries' current Receivables Turnover is 2.82. The Steel industry median Receivables Turnover is 7.18. Friedman Industries' value of 2.82 is 60.7% below this industry median. Based on the distribution chart, Friedman Industries ranks #186 out of 605 companies in the Steel industry, which is above the industry midpoint. Overall, Friedman Industries has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Friedman Industries' Receivables Turnover compare to INHD and MSB?
According to the Steel industry distribution chart, Friedman Industries ranks #186 out of 605 companies for Receivables Turnover. This puts Friedman Industries in the upper half of its industry. The industry median Receivables Turnover is 7.18. Friedman Industries' value of 2.82 is 60.7% 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 7.18, 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. Friedman Industries's current Receivables Turnover of 2.82 is 60.7% 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 Friedman Industries and its competitors. For the Steel industry, the median Receivables Turnover is 7.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Friedman Industries's current Receivables Turnover is 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Friedman Industries stock overvalued right now?
Based on GuruFocus' analysis, Friedman Industries (FRD) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.28, compared to a current price of $34.26 — trading 53.8% above its estimated fair value. The current Receivables Turnover is 2.82 and 60.7% below the Steel industry median of 7.18. Friedman Industries' overall GF Score™ is 72/100 with 9 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 Friedman Industries (FRD), the current Receivables Turnover is 2.82 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 Friedman Industries (FRD) Overvalued in 2026?
Based on GuruFocus' analysis, Friedman Industries stock appears to be overvalued.
The current stock price of $34.26 is trading 53.8% above its estimated GF Value™ of $22.28.
GuruFocus considers Friedman Industries to be Significantly Overvalued.
Key valuation signals for FRD:
Receivables Turnover: 2.82
GF Value™: $22.28 vs. price of $34.26 (53.8% above fair value)
Industry Position: 60.7% below the Steel median (#186 of 605)
No single metric tells the full story. See the FRD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Friedman Industries Inc is a manufacturer and processor of metals and operates in two reportable segments: flat-roll products and tubular products. The flat-roll product segment consists of flat-roll processing facilities located in Hickman, Arkansas; Decatur, Alabama; Miami, Florida; East Chicago, Indiana; Granite City, Illinois and Sinton, Texas and a flat-roll distribution facility located in Orlando, Florida. The tubular product segment consists of the Company's Texas Tubular Products division (TTP) located in Lone Star, Texas. TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD). Its products are flat-roll products and tubular products.
72GF Score
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