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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. Kardemir Celiknayi AS's Revenue for the
three
months ended in Mar. 2026 was ₺6,617 Mil. Kardemir Celiknayi AS's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₺1,242 Mil.
Hence, Kardemir Celiknayi AS's Receivables Turnover for the
three
months ended in Mar. 2026 was 5.33.
Kardemir Celiknayi AS (IST:KARCL) 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.
Kardemir Celiknayi AS Receivables Turnover Related Terms
Kardemir Celiknayi AS Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Kardemir Celiknayi AS'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.
Kardemir Celiknayi AS Receivables Turnover Chart
Kardemir Celiknayi AS Annual Data
Trend
Dec23
Dec24
Dec25
Receivables Turnover
12.79
18.83
18.88
Kardemir Celiknayi AS Quarterly Data
Dec23
Dec24
Mar25
Dec25
Mar26
Receivables Turnover
0.00
0.00
5.30
0.00
5.33
IST:KARCL vs NUE, STLD, RS: Receivables Turnover Comparison
For the Steel subindustry, Kardemir Celiknayi AS'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.
Kardemir Celiknayi AS Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Kardemir Celiknayi AS's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Kardemir Celiknayi AS'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.
Kardemir Celiknayi AS (IST:KARCL) has a Receivables Turnover of 5.33 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 Kardemir Celiknayi AS and its competitors. According to the industry distribution chart, Kardemir Celiknayi AS ranks #419 out of 607 companies in the Steel industry, placing it in the top 69%.
Is Kardemir Celiknayi AS's Receivables Turnover too high?
Kardemir Celiknayi AS's current Receivables Turnover is 5.33. The Steel industry median Receivables Turnover is 7.23. Kardemir Celiknayi AS's value of 5.33 is 26.3% below this industry median. Based on the distribution chart, Kardemir Celiknayi AS ranks #419 out of 607 companies in the Steel industry, which is below the industry midpoint. Overall, Kardemir Celiknayi AS has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Kardemir Celiknayi AS's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Kardemir Celiknayi AS ranks #419 out of 607 companies for Receivables Turnover. This places Kardemir Celiknayi AS in the lower half of its industry. The industry median Receivables Turnover is 7.23. Kardemir Celiknayi AS's value of 5.33 is 26.3% 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. Kardemir Celiknayi AS's current Receivables Turnover of 5.33 is 26.3% 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 Kardemir Celiknayi AS 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. Kardemir Celiknayi AS's current Receivables Turnover is 5.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kardemir Celiknayi AS stock overvalued right now?
Kardemir Celiknayi AS (IST:KARCL) has a current Receivables Turnover of 5.33. The current Receivables Turnover is 5.33 and 26.3% below the Steel industry median of 7.23. Kardemir Celiknayi AS's overall GF Score™ is 6/100 with 3 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 Kardemir Celiknayi AS (IST:KARCL), the current Receivables Turnover is 5.33 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.
Kardemir Celik Sanayi AS manufactures equal angles, flat bars, square bars, NPU and NPI profiles, T-bars, and round bars in various dimensions and in accordance with international standards. Its products are Billet Iron, Film Rod, and Reinforcement Steel.
6GF Score
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