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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. Ashoka Metcast's Revenue for the
three
months ended in Mar. 2026 was ₹103.5 Mil. Ashoka Metcast's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹276.4 Mil.
Hence, Ashoka Metcast's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.37.
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.
Ashoka Metcast Receivables Turnover Related Terms
Ashoka Metcast Receivables Turnover Historical Data
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The historical data trend for Ashoka Metcast'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:ASHOKAMET vs NUE, STLD, RS: Receivables Turnover Comparison
For the Steel subindustry, Ashoka Metcast'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.
Ashoka Metcast Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Ashoka Metcast's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ashoka Metcast'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.
Ashoka Metcast (NSE:ASHOKAMET) has a Receivables Turnover of 0.37 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 Ashoka Metcast and its competitors. According to the industry distribution chart, Ashoka Metcast ranks #594 out of 605 companies in the Steel industry, placing it in the top 98.2%.
Is Ashoka Metcast's Receivables Turnover too high?
Ashoka Metcast's current Receivables Turnover is 0.37. The Steel industry median Receivables Turnover is 7.13. Ashoka Metcast's value of 0.37 is 94.8% below this industry median. Based on the distribution chart, Ashoka Metcast ranks #594 out of 605 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Ashoka Metcast has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashoka Metcast's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Ashoka Metcast ranks #594 out of 605 companies for Receivables Turnover. This places Ashoka Metcast in the lower half of its industry. The industry median Receivables Turnover is 7.13. Ashoka Metcast's value of 0.37 is 94.8% 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 7.13, 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. Ashoka Metcast's current Receivables Turnover of 0.37 is 94.8% 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 Ashoka Metcast and its competitors. For the Steel industry, the median Receivables Turnover is 7.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashoka Metcast's current Receivables Turnover is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashoka Metcast stock overvalued right now?
Based on GuruFocus' analysis, Ashoka Metcast (NSE:ASHOKAMET) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹16.09, compared to a current price of ₹14.16 — trading 12% below its estimated fair value. The current Receivables Turnover is 0.37 and 94.8% below the Steel industry median of 7.13. Ashoka Metcast's overall GF Score™ is 73/100 with 4 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 Ashoka Metcast (NSE:ASHOKAMET), the current Receivables Turnover is 0.37 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 Ashoka Metcast (NSE:ASHOKAMET) Overvalued in 2026?
Based on GuruFocus' analysis, Ashoka Metcast stock appears to be undervalued.
The current stock price of ₹14.16 is trading 12% below its estimated GF Value™ of ₹16.09.
GuruFocus considers Ashoka Metcast to be Modestly Undervalued.
Key valuation signals for NSE:ASHOKAMET:
Receivables Turnover: 0.37
GF Value™: ₹16.09 vs. price of ₹14.16 (12% below fair value)
Industry Position: 94.8% below the Steel median (#594 of 605)
No single metric tells the full story. See the NSE:ASHOKAMET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashoka Metcast Ltd is currently engaged in the trading of structural steel and goods. The company has two segments namely Steel Trading and Trading of Goods. The company products are Thermo-Mechanically Treated bars, Angle bars, Mild steel bars, and Steel channels.
73GF Score
Get the complete analysis for NSE:ASHOKAMET
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