Mangalam Worldwide (NSE:MWL) Receivables Turnover: 1.96 (As of Jun. 2026)

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NSE:MWL Mangalam Worldwide Ltd NSE:MWL
54 GF Score
Price ₹43.04
! 4 Warning Signs
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What is Mangalam Worldwide Receivables Turnover?

Mangalam Worldwide NSE:MWL +0.44% 54 Receivables Turnover is 1.96 as of Jun. 2026. GuruFocus rates NSE:MWL with a GF Score™ of 54/100. The stock has 4 warning signs investors should review. Among 607 Steel companies, Mangalam Worldwide ranks worse than 50.41% 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. Mangalam Worldwide's Revenue for the three months ended in Jun. 2026 was ₹3,162 Mil. Mangalam Worldwide's average Accounts Receivable for the three months ended in Jun. 2026 was ₹1,616 Mil. Hence, Mangalam Worldwide's Receivables Turnover for the three months ended in Jun. 2026 was 1.96.


Mangalam Worldwide  (NSE:MWL) 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.


Mangalam Worldwide Receivables Turnover Related Terms


Mangalam Worldwide Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Mangalam Worldwide'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.

Mangalam Worldwide Receivables Turnover Chart

Mangalam Worldwide Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 42.06 18.83 10.74 7.97 7.35

Mangalam Worldwide Quarterly Data
Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.65 1.58 1.74 1.64 1.96

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

For the Steel subindustry, Mangalam Worldwide'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.


Mangalam Worldwide Receivables Turnover vs Steel Industry

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

* The bar in red indicates where Mangalam Worldwide's Receivables Turnover falls into.


NSE:MWL
54GF Score
Mangalam Worldwide Ltd NSE:MWL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangalam Worldwide Receivables Turnover Calculation

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

Mangalam Worldwide'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 )
=12079.806 / ((1671.249 + 1616.485) / 2 )
=12079.806 / 1643.867
=7.35

Mangalam Worldwide's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=3162.165 / ((1616.485 + 0) / 1 )
=3162.165 / 1616.485
=1.96

* 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 1.96 mean?
Mangalam Worldwide (NSE:MWL) has a Receivables Turnover of 1.96 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 Mangalam Worldwide and its competitors. According to the industry distribution chart, Mangalam Worldwide ranks #306 out of 607 companies in the Steel industry, placing it in the top 50.4%.
Is Mangalam Worldwide's Receivables Turnover too high?
Mangalam Worldwide's current Receivables Turnover is 1.96. The Steel industry median Receivables Turnover is 7.10. Mangalam Worldwide's value of 1.96 is 72.4% below this industry median. Based on the distribution chart, Mangalam Worldwide ranks #306 out of 607 companies in the Steel industry, which is below the industry midpoint. Overall, Mangalam Worldwide has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Mangalam Worldwide's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Mangalam Worldwide ranks #306 out of 607 companies for Receivables Turnover. This places Mangalam Worldwide in the lower half of its industry. The industry median Receivables Turnover is 7.10. Mangalam Worldwide's value of 1.96 is 72.4% 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 607 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. Mangalam Worldwide's current Receivables Turnover of 1.96 is 72.4% 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 Mangalam Worldwide 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. Mangalam Worldwide's current Receivables Turnover is 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalam Worldwide stock overvalued right now?
Mangalam Worldwide (NSE:MWL) has a current Receivables Turnover of 1.96. The current Receivables Turnover is 1.96 and 72.4% below the Steel industry median of 7.10. Mangalam Worldwide's overall GF Score™ is 54/100 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 Mangalam Worldwide (NSE:MWL), the current Receivables Turnover is 1.96 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.

Mangalam Worldwide Business Description

Other Exchanges 544764:India
Address 102, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Navrangpura, Ahmedabad, GJ, IND, 380009
Mangalam Worldwide Ltd is engaged in the manufacturing of stainless steel. The company manufactures Steel Products viz Billets, Ingots, Forged Roundbars, Forged Bright Roundbars, Roundbars, RCS Bars, Brightbars and Seamless Pipes & Tubes, Electric Resistance Welded (ERW) Pipes & Tubes. It operates in India and Outside India, of which it derives maximum revenue from India.
54GF Score

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