MCHIF (Maruichi Steel Tube) Receivables Turnover: 1.23 (As of Mar. 2026)

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MCHIF Maruichi Steel Tube Ltd MCHIF
82 GF Score
Price $7.31
GF Value $4.95
! 8 Warning Signs
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What is Maruichi Steel Tube Receivables Turnover?

Maruichi Steel Tube MCHIF +10.76% 82 Receivables Turnover is 1.23 as of Mar. 2026. GuruFocus rates MCHIF with a GF Score™ of 82/100 and a GF Value™ of $4.95. The stock has 8 warning signs investors should review. Among 605 Steel companies, Maruichi Steel Tube ranks worse than 73.06% 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. Maruichi Steel Tube's Revenue for the three months ended in Mar. 2026 was $382 Mil. Maruichi Steel Tube's average Accounts Receivable for the three months ended in Mar. 2026 was $310 Mil. Hence, Maruichi Steel Tube's Receivables Turnover for the three months ended in Mar. 2026 was 1.23.


Maruichi Steel Tube  (OTCPK:MCHIF) 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.


Maruichi Steel Tube Receivables Turnover Related Terms


Maruichi Steel Tube Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Maruichi Steel 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.

Maruichi Steel Tube Receivables Turnover Chart

Maruichi Steel 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 4.92 4.99 4.74 4.99 4.86

Maruichi Steel Tube Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 1.21 1.21 1.20 1.22 1.23

MCHIF vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, Maruichi Steel 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.


Maruichi Steel Tube Receivables Turnover vs Steel Industry

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

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


MCHIF
82GF Score
Maruichi Steel Tube Ltd MCHIF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Maruichi Steel Tube Receivables Turnover Calculation

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

Maruichi Steel 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 )
=1536.173 / ((335.347 + 296.478) / 2 )
=1536.173 / 315.9125
=4.86

Maruichi Steel 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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=381.875 / ((323.324 + 296.478) / 2 )
=381.875 / 309.901
=1.23

* 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 1.23 mean?
Maruichi Steel Tube (MCHIF) has a Receivables Turnover of 1.23 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 Maruichi Steel Tube and its competitors. According to the industry distribution chart, Maruichi Steel Tube ranks #442 out of 605 companies in the Steel industry, placing it in the top 73.1%.
Is Maruichi Steel Tube's Receivables Turnover too high?
Maruichi Steel Tube's current Receivables Turnover is 1.23. The Steel industry median Receivables Turnover is 7.16. Maruichi Steel Tube's value of 1.23 is 82.8% below this industry median. Based on the distribution chart, Maruichi Steel Tube ranks #442 out of 605 companies in the Steel industry, which is below the industry midpoint. Overall, Maruichi Steel Tube has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Maruichi Steel Tube's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Maruichi Steel Tube ranks #442 out of 605 companies for Receivables Turnover. This places Maruichi Steel Tube in the lower half of its industry. The industry median Receivables Turnover is 7.16. Maruichi Steel Tube's value of 1.23 is 82.8% 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 7.16, 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. Maruichi Steel Tube's current Receivables Turnover of 1.23 is 82.8% 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 Maruichi Steel Tube and its competitors. For the Steel industry, the median Receivables Turnover is 7.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruichi Steel Tube's current Receivables Turnover is 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruichi Steel Tube stock overvalued right now?
Maruichi Steel Tube (MCHIF) has a current Receivables Turnover of 1.23. The stock's GF Value™ is $4.95, compared to a current price of $7.31 — trading 47.7% above its estimated fair value. The current Receivables Turnover is 1.23 and 82.8% below the Steel industry median of 7.16. Maruichi Steel Tube's overall GF Score™ is 82/100 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 Maruichi Steel Tube (MCHIF), the current Receivables Turnover is 1.23 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 Maruichi Steel Tube (MCHIF) Overvalued in 2026?

Based on GuruFocus' analysis, Maruichi Steel Tube stock appears to be overvalued. The current stock price of $7.31 is trading 47.7% above its estimated GF Value™ of $4.95.

Key valuation signals for MCHIF:

  • Receivables Turnover: 1.23
  • GF Value™: $4.95 vs. price of $7.31 (47.7% above fair value)
  • GF Score™: 82/100 with 8 warning signs
  • Industry Position: 82.8% below the Steel median (#442 of 605)

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


Maruichi Steel Tube Business Description

Other Exchanges 5463:Japan
Address 5-1-60 Namba, 29th Floor, Namba Skyo, Chuo-ku, Osaka, JPN, 542-0076
Maruichi Steel Tube Ltd is a Japan-based company that manufactures and sells steel tubes and steel sheet coating. The company's product portfolio includes welded steel tubes, hot-dip galvanized steel sheet, lighting poles, and prepainted steel sheet. Its products are used in architecture, civil engineering, machinery, power generation plants, automobiles, motorcycles, medical equipment, fitness machines, office automation equipment, office and educational furniture, and others.
82GF Score

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

$7.31
Price
$4.95
GF Value