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. Mechel PAO's Revenue for the
six
months ended in Jun. 2023 was ₽194,686 Mil. Mechel PAO's average Accounts Receivable for the
six
months ended in Jun. 2023 was ₽25,416 Mil.
Hence, Mechel PAO's Receivables Turnover for the
six
months ended in Jun. 2023 was 7.66.
Mechel PAO (MIC:MTLR) 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.
Mechel PAO Receivables Turnover Related Terms
Mechel PAO Receivables Turnover Historical Data
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The historical data trend for Mechel PAO'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.
MIC:MTLR vs NUE, STLD, RS: Receivables Turnover Comparison
For the Steel subindustry, Mechel PAO'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.
Mechel PAO Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Mechel PAO's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Mechel PAO'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.
Mechel PAO (MIC:MTLR) has a Receivables Turnover of 7.66 as of Jun. 2023. 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 Mechel PAO and its competitors.
Is Mechel PAO's Receivables Turnover too high?
Mechel PAO's current Receivables Turnover is 7.66. The Steel industry median Receivables Turnover is 7.18. Mechel PAO's value of 7.66 is 6.7% above this industry median. Overall, Mechel PAO has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Mechel PAO's Receivables Turnover compare to NUE and STLD?
Mechel PAO's Receivables Turnover of 7.66 can be compared against companies in the Steel industry. The industry median Receivables Turnover is 7.18. Mechel PAO's value of 7.66 is 6.7% above 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. Mechel PAO's current Receivables Turnover of 7.66 is 6.7% above 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 Mechel PAO 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. Mechel PAO's current Receivables Turnover is 7.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mechel PAO stock overvalued right now?
Mechel PAO (MIC:MTLR) has a current Receivables Turnover of 7.66. The current Receivables Turnover is 7.66 and 6.7% above the Steel industry median of 7.18. Mechel PAO's overall GF Score™ is 17/100. 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 Mechel PAO (MIC:MTLR), the current Receivables Turnover is 7.66 as of Jun. 2023. 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.
Mechel PAO is a vertically integrated group operating into three industrial segments Mining, Steel and Power. The mining segment produces metallurgical coal (coking coal, PCI and anthracite), steam coal, iron ore and iron ore concentrate, coke and chemical products. The segment consists of its coal, iron ore and coke production facilities in Russia. The steel segment produces and sells semi-finished steel products, long products of a wide range of steel grades, carbon and stainless flat steel products and high value-added metal products, including wire products, stampings and forgings, structural shapes, beams and rails. The power segment sells electricity and capacity to the wholesale market. The majority of the revenue is derived from the Steel segment.
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