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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. Balu Forge Industries's Revenue for the
three
months ended in Mar. 2026 was ₹2,636 Mil. Balu Forge Industries's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹4,251 Mil.
Hence, Balu Forge Industries's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.62.
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.
Balu Forge Industries Receivables Turnover Related Terms
Balu Forge Industries Receivables Turnover Historical Data
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The historical data trend for Balu Forge 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.
NSE:BALUFORGE vs CRS, ATI, MLI: Receivables Turnover Comparison
For the Metal Fabrication subindustry, Balu Forge 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.
Balu Forge Industries Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Balu Forge Industries's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Balu Forge 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.
Balu Forge Industries (NSE:BALUFORGE) has a Receivables Turnover of 0.62 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 Balu Forge Industries and its competitors. According to the industry distribution chart, Balu Forge Industries ranks #2290 out of 3034 companies in the Industrial Products industry, placing it in the top 75.5%.
Is Balu Forge Industries' Receivables Turnover too high?
Balu Forge Industries' current Receivables Turnover is 0.62. The Industrial Products industry median Receivables Turnover is 4.45. Balu Forge Industries' value of 0.62 is 86.1% below this industry median. Based on the distribution chart, Balu Forge Industries ranks #2290 out of 3034 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Balu Forge Industries has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Balu Forge Industries' Receivables Turnover compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Balu Forge Industries ranks #2290 out of 3034 companies for Receivables Turnover. This places Balu Forge Industries in the lower half of its industry. The industry median Receivables Turnover is 4.45. Balu Forge Industries' value of 0.62 is 86.1% 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 4.45, based on 3,034 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. Balu Forge Industries's current Receivables Turnover of 0.62 is 86.1% 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 Balu Forge Industries and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balu Forge Industries's current Receivables Turnover is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balu Forge Industries stock overvalued right now?
Based on GuruFocus' analysis, Balu Forge Industries (NSE:BALUFORGE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹635.86, compared to a current price of ₹433.00 — trading 31.9% below its estimated fair value. The current Receivables Turnover is 0.62 and 86.1% below the Industrial Products industry median of 4.45. Balu Forge Industries' overall GF Score™ is 74/100 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 Balu Forge Industries (NSE:BALUFORGE), the current Receivables Turnover is 0.62 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 Balu Forge Industries (NSE:BALUFORGE) Overvalued in 2026?
Based on GuruFocus' analysis, Balu Forge Industries stock appears to be undervalued.
The current stock price of ₹433.00 is trading 31.9% below its estimated GF Value™ of ₹635.86.
GuruFocus considers Balu Forge Industries to be Possible Value Trap.
Key valuation signals for NSE:BALUFORGE:
Receivables Turnover: 0.62
GF Value™: ₹635.86 vs. price of ₹433.00 (31.9% below fair value)
Industry Position: 86.1% below the Industrial Products median (#2290 of 3034)
No single metric tells the full story. See the NSE:BALUFORGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Balu Forge Industries Ltd is engaged in the business of steel forging. The company is a supplier of crankshafts to Original Equipment Manufacturers (OEMs) in India and other countries. It serves railways; car manufacturers; industrial vehicles; defense; oil and gas; agriculture; pumps and other industries. It has a single operating segment: Manufacturing and selling Steel Forging Products. Geographically, the company derives a majority of its revenue from outside India.
74GF Score
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