JTL Industries (NSE:JTLIND) Receivables Turnover: 1.67 (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:JTLIND JTL Industries Ltd NSE:JTLIND
95 GF Score
Price ₹75.73
GF Value ₹119.14
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is JTL Industries Receivables Turnover?

JTL Industries NSE:JTLIND +0.45% 95 Receivables Turnover is 1.67 as of Mar. 2026. GuruFocus rates NSE:JTLIND with a GF Score™ of 95/100 and a GF Value™ of ₹119.14 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 606 Steel companies, JTL Industries ranks worse than 54.95% 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. JTL Industries's Revenue for the three months ended in Mar. 2026 was ₹6,927 Mil. JTL Industries's average Accounts Receivable for the three months ended in Mar. 2026 was ₹4,143 Mil. Hence, JTL Industries's Receivables Turnover for the three months ended in Mar. 2026 was 1.67.


JTL Industries  (NSE:JTLIND) 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.


JTL Industries Receivables Turnover Related Terms


JTL Industries Receivables Turnover Historical Data

* Premium members only.

The historical data trend for JTL 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.

JTL Industries Receivables Turnover Chart

JTL Industries 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 13.23 12.36 12.22 8.11 6.15

JTL Industries 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 1.68 1.94 1.52 1.66 1.67

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

For the Steel subindustry, JTL 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.


JTL Industries Receivables Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, JTL Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where JTL Industries's Receivables Turnover falls into.


NSE:JTLIND
95GF Score
JTL Industries Ltd NSE:JTLIND
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JTL Industries Receivables Turnover Calculation

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

JTL Industries'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 )
=21363.636 / ((2799.179 + 4142.947) / 2 )
=21363.636 / 3471.063
=6.15

JTL Industries'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 )
=6926.818 / ((0 + 4142.947) / 1 )
=6926.818 / 4142.947
=1.67

* 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 1.67 mean?
JTL Industries (NSE:JTLIND) has a Receivables Turnover of 1.67 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 JTL Industries and its competitors. According to the industry distribution chart, JTL Industries ranks #333 out of 606 companies in the Steel industry, placing it in the top 55%.
Is JTL Industries' Receivables Turnover too high?
JTL Industries' current Receivables Turnover is 1.67. The Steel industry median Receivables Turnover is 7.10. JTL Industries' value of 1.67 is 76.5% below this industry median. Based on the distribution chart, JTL Industries ranks #333 out of 606 companies in the Steel industry, which is below the industry midpoint. Overall, JTL Industries has a GF Score™ of 95/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does JTL Industries' Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, JTL Industries ranks #333 out of 606 companies for Receivables Turnover. This places JTL Industries in the lower half of its industry. The industry median Receivables Turnover is 7.10. JTL Industries' value of 1.67 is 76.5% 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 7.10, based on 606 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. JTL Industries's current Receivables Turnover of 1.67 is 76.5% 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 JTL Industries and its competitors. For the Steel industry, the median Receivables Turnover is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JTL Industries's current Receivables Turnover is 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTL Industries stock overvalued right now?
Based on GuruFocus' analysis, JTL Industries (NSE:JTLIND) is currently considered Possible Value Trap. The stock's GF Value™ is ₹119.14, compared to a current price of ₹75.73 — trading 36.4% below its estimated fair value. The current Receivables Turnover is 1.67 and 76.5% below the Steel industry median of 7.10. JTL Industries' overall GF Score™ is 95/100 with 6 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 JTL Industries (NSE:JTLIND), the current Receivables Turnover is 1.67 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 JTL Industries (NSE:JTLIND) Overvalued in 2026?

Based on GuruFocus' analysis, JTL Industries stock appears to be undervalued. The current stock price of ₹75.73 is trading 36.4% below its estimated GF Value™ of ₹119.14. GuruFocus considers JTL Industries to be Possible Value Trap.

Key valuation signals for NSE:JTLIND:

  • Receivables Turnover: 1.67
  • GF Value™: ₹119.14 vs. price of ₹75.73 (36.4% below fair value)
  • GF Score™: 95/100 with 6 warning signs
  • Industry Position: 76.5% below the Steel median (#333 of 606)

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


JTL Industries Business Description

Other Exchanges 534600:India
Address SCO 18-19, Sector 28-C, Chandigarh, PB, IND, 160 002
JTL Industries Ltd operates in the metal industry. The company manufactures and is involved in galvanized ERW Steel Pipes and Tubes, hollow sections, and structural steel extensively used in engineering and construction projects. The Company's business operations predominantly relate to the manufacture of a single product, i.e., ERW pipes for selling world wide. The company has a pan-India presence and is globally present in serving continents. It derives maximum revenue from India.
95GF Score

Get the complete analysis for NSE:JTLIND

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

₹75.73
Price
₹119.14
GF Value