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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. APL Apollo Tubes's Revenue for the
three
months ended in Jun. 2026 was ₹54,382 Mil. APL Apollo Tubes's average Accounts Receivable for the
three
months ended in Jun. 2026 was ₹3,507 Mil.
Hence, APL Apollo Tubes's Receivables Turnover for the
three
months ended in Jun. 2026 was 15.51.
APL Apollo Tubes (NSE:APLAPOLLO) 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.
APL Apollo Tubes Receivables Turnover Related Terms
APL Apollo Tubes Receivables Turnover Historical Data
* Premium members only.
The historical data trend for APL Apollo Tubes'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.
NSE:APLAPOLLO vs NUE, STLD, RS: Receivables Turnover Comparison
For the Steel subindustry, APL Apollo Tubes'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.
APL Apollo Tubes Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, APL Apollo Tubes's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where APL Apollo Tubes'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.
APL Apollo Tubes (NSE:APLAPOLLO) has a Receivables Turnover of 15.51 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 APL Apollo Tubes and its competitors. According to the industry distribution chart, APL Apollo Tubes ranks #21 out of 607 companies in the Steel industry, placing it in the top 3.5%.
Is APL Apollo Tubes' Receivables Turnover too high?
APL Apollo Tubes' current Receivables Turnover is 15.51. The Steel industry median Receivables Turnover is 7.16. APL Apollo Tubes' value of 15.51 is 116.6% above this industry median. Based on the distribution chart, APL Apollo Tubes ranks #21 out of 607 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, APL Apollo Tubes has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does APL Apollo Tubes' Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, APL Apollo Tubes ranks #21 out of 607 companies for Receivables Turnover. This places APL Apollo Tubes in the top 4% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.16. APL Apollo Tubes' value of 15.51 is 116.6% 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 7.16, 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. APL Apollo Tubes's current Receivables Turnover of 15.51 is 116.6% 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 APL Apollo Tubes 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. APL Apollo Tubes's current Receivables Turnover is 15.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APL Apollo Tubes stock overvalued right now?
Based on GuruFocus' analysis, APL Apollo Tubes (NSE:APLAPOLLO) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,978.69, compared to a current price of ₹1,970.00 — trading 0.4% below its estimated fair value. The current Receivables Turnover is 15.51 and 116.6% above the Steel industry median of 7.16. APL Apollo Tubes' overall GF Score™ is 90/100 with 1 warning sign 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 APL Apollo Tubes (NSE:APLAPOLLO), the current Receivables Turnover is 15.51 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 APL Apollo Tubes (NSE:APLAPOLLO) Overvalued in 2026?
Based on GuruFocus' analysis, APL Apollo Tubes stock appears to be undervalued.
The current stock price of ₹1,970.00 is trading 0.4% below its estimated GF Value™ of ₹1,978.69.
GuruFocus considers APL Apollo Tubes to be Fairly Valued.
Key valuation signals for NSE:APLAPOLLO:
Receivables Turnover: 15.51
GF Value™: ₹1,978.69 vs. price of ₹1,970.00 (0.4% below fair value)
Industry Position: 116.6% above the Steel median (#21 of 607)
No single metric tells the full story. See the NSE:APLAPOLLO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
APL Apollo Tubes Ltd is a manufacturer of steel pipes and tubes. Its multi-product offerings include Pre- Galvanized Tubes, Structural Steel Tubes, Galvanized Tubes, MS Black Pipes and Hollow Sections. It operates in a single segment, which is the business of production of ERW steel tubes. Geographically, it operates only in India.
90GF Score
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