Maithan Alloys (NSE:MAITHANALL) Receivables Turnover: 4.29 (As of Mar. 2026)

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NSE:MAITHANALL Maithan Alloys Ltd NSE:MAITHANALL
80 GF Score
Price ₹980.00
GF Value ₹1,141.01
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Maithan Alloys Receivables Turnover?

Maithan Alloys NSE:MAITHANALL +0.90% 80 Receivables Turnover is 4.29 as of Mar. 2026. GuruFocus rates NSE:MAITHANALL with a GF Score™ of 80/100 and a GF Value™ of ₹1,141.01 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 606 Steel companies, Maithan Alloys ranks better than 75.91% 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. Maithan Alloys's Revenue for the three months ended in Mar. 2026 was ₹5,592 Mil. Maithan Alloys's average Accounts Receivable for the three months ended in Mar. 2026 was ₹1,305 Mil. Hence, Maithan Alloys's Receivables Turnover for the three months ended in Mar. 2026 was 4.29.


Maithan Alloys  (NSE:MAITHANALL) 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.


Maithan Alloys Receivables Turnover Related Terms


Maithan Alloys Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Maithan Alloys'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.

Maithan Alloys Receivables Turnover Chart

Maithan Alloys 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 5.19 5.11 4.19 6.80 15.87

Maithan Alloys 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 3.04 4.41 2.05 2.05 4.29

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

For the Steel subindustry, Maithan Alloys'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.


Maithan Alloys Receivables Turnover vs Steel Industry

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

* The bar in red indicates where Maithan Alloys's Receivables Turnover falls into.


NSE:MAITHANALL
80GF Score
Maithan Alloys Ltd NSE:MAITHANALL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Maithan Alloys Receivables Turnover Calculation

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

Maithan Alloys'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 )
=21725.9 / ((1433.5 + 1304.6) / 2 )
=21725.9 / 1369.05
=15.87

Maithan Alloys'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 )
=5591.8 / ((0 + 1304.6) / 1 )
=5591.8 / 1304.6
=4.29

* 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 4.29 mean?
Maithan Alloys (NSE:MAITHANALL) has a Receivables Turnover of 4.29 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 Maithan Alloys and its competitors. According to the industry distribution chart, Maithan Alloys ranks #146 out of 606 companies in the Steel industry, placing it in the top 24.1%.
Is Maithan Alloys' Receivables Turnover too high?
Maithan Alloys' current Receivables Turnover is 4.29. The Steel industry median Receivables Turnover is 7.23. Maithan Alloys' value of 4.29 is 40.7% below this industry median. Based on the distribution chart, Maithan Alloys ranks #146 out of 606 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Maithan Alloys has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maithan Alloys' Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Maithan Alloys ranks #146 out of 606 companies for Receivables Turnover. This places Maithan Alloys in the top 24% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.23. Maithan Alloys' value of 4.29 is 40.7% 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 7.23, 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. Maithan Alloys's current Receivables Turnover of 4.29 is 40.7% 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 Maithan Alloys and its competitors. For the Steel industry, the median Receivables Turnover is 7.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maithan Alloys's current Receivables Turnover is 4.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maithan Alloys stock overvalued right now?
Based on GuruFocus' analysis, Maithan Alloys (NSE:MAITHANALL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,141.01, compared to a current price of ₹980.00 — trading 14.1% below its estimated fair value. The current Receivables Turnover is 4.29 and 40.7% below the Steel industry median of 7.23. Maithan Alloys' overall GF Score™ is 80/100 with 5 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 Maithan Alloys (NSE:MAITHANALL), the current Receivables Turnover is 4.29 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 Maithan Alloys (NSE:MAITHANALL) Overvalued in 2026?

Based on GuruFocus' analysis, Maithan Alloys stock appears to be undervalued. The current stock price of ₹980.00 is trading 14.1% below its estimated GF Value™ of ₹1,141.01. GuruFocus considers Maithan Alloys to be Modestly Undervalued.

Key valuation signals for NSE:MAITHANALL:

  • Receivables Turnover: 4.29
  • GF Value™: ₹1,141.01 vs. price of ₹980.00 (14.1% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 40.7% below the Steel median (#146 of 606)

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


Maithan Alloys Business Description

Other Exchanges 590078:India
Address Village Debipur, P.O. Kalyaneshwari, District Paschim Bardhaman, Burdwan, WB, IND, 713369
Maithan Alloys Ltd is an India-based company engaged in the business of manufacturing and exporting all three bulk Ferroalloys- Ferro Manganese, Silico Manganese, and Ferro Silicon. It is also involved in the generation and supply of Wind Power and has a Captive Power Plant. Geographically the group has a business presence in India and Outside India, of which key revenue is derived from Outside India.
80GF Score

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

₹980.00
Price
₹1,141.01
GF Value