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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. Bajaj Steel Industries's Revenue for the
three
months ended in Jun. 2026 was ₹1,204 Mil. Bajaj Steel Industries's average Accounts Receivable for the
three
months ended in Jun. 2026 was ₹571 Mil.
Hence, Bajaj Steel Industries's Receivables Turnover for the
three
months ended in Jun. 2026 was 2.11.
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.
Bajaj Steel Industries Receivables Turnover Related Terms
Bajaj Steel Industries Receivables Turnover Historical Data
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The historical data trend for Bajaj Steel Industries'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.
For the Specialty Industrial Machinery subindustry, Bajaj Steel Industries'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.
Bajaj Steel Industries Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bajaj Steel Industries's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Bajaj Steel Industries'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.
Bajaj Steel Industries (NSE:BAJAJST) has a Receivables Turnover of 2.11 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 Bajaj Steel Industries and its competitors. According to the industry distribution chart, Bajaj Steel Industries ranks #212 out of 3037 companies in the Industrial Products industry, placing it in the top 7%.
Is Bajaj Steel Industries' Receivables Turnover too high?
Bajaj Steel Industries' current Receivables Turnover is 2.11. The Industrial Products industry median Receivables Turnover is 4.50. Bajaj Steel Industries' value of 2.11 is 53.1% below this industry median. Based on the distribution chart, Bajaj Steel Industries ranks #212 out of 3037 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Bajaj Steel Industries has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bajaj Steel Industries' Receivables Turnover compare to ?
According to the Industrial Products industry distribution chart, Bajaj Steel Industries ranks #212 out of 3037 companies for Receivables Turnover. This places Bajaj Steel Industries in the top 7% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.50. Bajaj Steel Industries' value of 2.11 is 53.1% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.50, based on 3,037 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. Bajaj Steel Industries's current Receivables Turnover of 2.11 is 53.1% 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 Bajaj Steel Industries and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajaj Steel Industries's current Receivables Turnover is 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajaj Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Bajaj Steel Industries (NSE:BAJAJST) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹466.53, compared to a current price of ₹355.95 — trading 23.7% below its estimated fair value. The current Receivables Turnover is 2.11 and 53.1% below the Industrial Products industry median of 4.50. Bajaj Steel Industries' overall GF Score™ is 60/100 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 Bajaj Steel Industries (NSE:BAJAJST), the current Receivables Turnover is 2.11 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 Bajaj Steel Industries (NSE:BAJAJST) Overvalued in 2026?
Based on GuruFocus' analysis, Bajaj Steel Industries stock appears to be undervalued.
The current stock price of ₹355.95 is trading 23.7% below its estimated GF Value™ of ₹466.53.
GuruFocus considers Bajaj Steel Industries to be Modestly Undervalued.
Key valuation signals for NSE:BAJAJST:
Receivables Turnover: 2.11
GF Value™: ₹466.53 vs. price of ₹355.95 (23.7% below fair value)
Industry Position: 53.1% below the Industrial Products median (#212 of 3037)
No single metric tells the full story. See the NSE:BAJAJST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bajaj Steel Industries Ltd is engaged in various segments such as Cotton Processing Machinery Division, Infrastructure Division, Heavy Engineering Division, Electrical Panel Division, Heavy Engineering Division ,Other Products. The company generates maximum revenue from the Cotton Processing Machinery segment. It manufactures products such as Cotton Ginning and Pressing Machinery, Cotton Cleaning, Cotton Conveying, Cotton Humidification Systems, Cotton Baling Presses, Cotton Seed Processing, Pre-engineered Buildings, Electrical Control Panels, Fire Fighting Systems, Hydraulic Cylinder, Power packs, Specialty Conveyors and Master Batches and others.
60GF Score
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