Godawari Power & Ispat (NSE:GPIL) Receivables Turnover: 12.24 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:GPIL Godawari Power & Ispat Ltd NSE:GPIL
84 GF Score
Price ₹246.15
GF Value ₹208.46
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Godawari Power & Ispat Receivables Turnover?

Godawari Power & Ispat NSE:GPIL -2.90% 84 Receivables Turnover is 12.24 as of Mar. 2026. GuruFocus rates NSE:GPIL with a GF Score™ of 84/100 and a GF Value™ of ₹208.46 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 605 Steel companies, Godawari Power & Ispat ranks better than 93.22% on this metric.

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. Godawari Power & Ispat's Revenue for the three months ended in Mar. 2026 was ₹16,103 Mil. Godawari Power & Ispat's average Accounts Receivable for the three months ended in Mar. 2026 was ₹1,315 Mil. Hence, Godawari Power & Ispat's Receivables Turnover for the three months ended in Mar. 2026 was 12.24.


Godawari Power & Ispat  (NSE:GPIL) 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.


Godawari Power & Ispat Receivables Turnover Related Terms


Godawari Power & Ispat Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Godawari Power & Ispat'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.

Godawari Power & Ispat Receivables Turnover Chart

Godawari Power & Ispat Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.11 17.80 21.46 31.23 40.78

Godawari Power & Ispat Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.09 10.00 13.24 11.54 12.24

NSE:GPIL vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, Godawari Power & Ispat'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.


Godawari Power & Ispat Receivables Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Godawari Power & Ispat's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Godawari Power & Ispat's Receivables Turnover falls into.


NSE:GPIL
84GF Score
Godawari Power & Ispat Ltd NSE:GPIL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Godawari Power & Ispat Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Godawari Power & Ispat's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=53806.5 / ((1323.373 + 1315.4) / 2 )
=53806.5 / 1319.3865
=40.78

Godawari Power & Ispat's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=16102.7 / ((0 + 1315.4) / 1 )
=16102.7 / 1315.4
=12.24

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 12.24 mean?
Godawari Power & Ispat (NSE:GPIL) has a Receivables Turnover of 12.24 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 Godawari Power & Ispat and its competitors. According to the industry distribution chart, Godawari Power & Ispat ranks #41 out of 605 companies in the Steel industry, placing it in the top 6.8%.
Is Godawari Power & Ispat's Receivables Turnover too high?
Godawari Power & Ispat's current Receivables Turnover is 12.24. The Steel industry median Receivables Turnover is 7.16. Godawari Power & Ispat's value of 12.24 is 70.9% above this industry median. Based on the distribution chart, Godawari Power & Ispat ranks #41 out of 605 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Godawari Power & Ispat has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Godawari Power & Ispat's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Godawari Power & Ispat ranks #41 out of 605 companies for Receivables Turnover. This places Godawari Power & Ispat in the top 7% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.16. Godawari Power & Ispat's value of 12.24 is 70.9% 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 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. Godawari Power & Ispat's current Receivables Turnover of 12.24 is 70.9% 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 Godawari Power & Ispat 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. Godawari Power & Ispat's current Receivables Turnover is 12.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Godawari Power & Ispat stock overvalued right now?
Based on GuruFocus' analysis, Godawari Power & Ispat (NSE:GPIL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹208.46, compared to a current price of ₹246.15 — trading 18.1% above its estimated fair value. The current Receivables Turnover is 12.24 and 70.9% above the Steel industry median of 7.16. Godawari Power & Ispat's overall GF Score™ is 84/100 with 3 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 Godawari Power & Ispat (NSE:GPIL), the current Receivables Turnover is 12.24 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 Godawari Power & Ispat (NSE:GPIL) Overvalued in 2026?

Based on GuruFocus' analysis, Godawari Power & Ispat stock appears to be overvalued. The current stock price of ₹246.15 is trading 18.1% above its estimated GF Value™ of ₹208.46. GuruFocus considers Godawari Power & Ispat to be Modestly Overvalued.

Key valuation signals for NSE:GPIL:

  • Receivables Turnover: 12.24
  • GF Value™: ₹208.46 vs. price of ₹246.15 (18.1% above fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 70.9% above the Steel median (#41 of 605)

No single metric tells the full story. See the NSE:GPIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Godawari Power & Ispat Business Description

Other Exchanges 532734:India
Address Hira Arcade, First Floor, Near New Bus Stand, Pandri, Raipur, CT, IND, 492004
Godawari Power & Ispat Ltd is an India-based fully integrated steel company with a presence across the steel value chain extending from iron ore mining to iron ore pellets and value-added steel products. The company has a single primary business segment Iron and Steel which includes captive power, as the captive power generated by the company is used for the production process of iron and steel. The group operates in India. The products offered by the group are Pellets, Sponge iron, Iron and steel billets, Wire rods, Hard black wires, Ferro-alloys, and others.
84GF Score

Get the complete analysis for NSE:GPIL

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹246.15
Price
₹208.46
GF Value