Refractory Shapes (NSE:REFRACTORY) Receivables Turnover: 2.99 (As of Mar. 2025)

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NSE:REFRACTORY Refractory Shapes Ltd NSE:REFRACTORY
17 GF Score
Price ₹26.85
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What is Refractory Shapes Receivables Turnover?

Refractory Shapes NSE:REFRACTORY -1.47% 17 Receivables Turnover is 2.99 as of Mar. 2025. GuruFocus rates NSE:REFRACTORY with a GF Score™ of 17/100.

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. Refractory Shapes's Revenue for the six months ended in Mar. 2025 was ₹352.4 Mil. Refractory Shapes's average Accounts Receivable for the six months ended in Mar. 2025 was ₹117.9 Mil. Hence, Refractory Shapes's Receivables Turnover for the six months ended in Mar. 2025 was 2.99.


Refractory Shapes  (NSE:REFRACTORY) 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.


Refractory Shapes Receivables Turnover Related Terms


Refractory Shapes Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Refractory Shapes'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.

Refractory Shapes Receivables Turnover Chart

Refractory Shapes Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
2.77 3.72 5.42 5.48 5.98

Refractory Shapes Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25
Receivables Turnover Get a 7-Day Free Trial 0.00 2.42 2.86 2.64 2.99

NSE:REFRACTORY vs CRH, VMC, MLM: Receivables Turnover Comparison

For the Building Materials subindustry, Refractory Shapes'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.


Refractory Shapes Receivables Turnover vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Refractory Shapes's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Refractory Shapes's Receivables Turnover falls into.


NSE:REFRACTORY
17GF Score
Refractory Shapes Ltd NSE:REFRACTORY
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Refractory Shapes Receivables Turnover Calculation

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

Refractory Shapes's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=587.713 / ((69.526 + 126.891) / 2 )
=587.713 / 98.2085
=5.98

Refractory Shapes's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=352.361 / ((108.897 + 126.891) / 2 )
=352.361 / 117.894
=2.99

* 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 2.99 mean?
Refractory Shapes (NSE:REFRACTORY) has a Receivables Turnover of 2.99 as of Mar. 2025. 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 Refractory Shapes and its competitors.
Is Refractory Shapes' Receivables Turnover too high?
Refractory Shapes' current Receivables Turnover is 2.99. The Building Materials industry median Receivables Turnover is 6.36. Refractory Shapes' value of 2.99 is 53% below this industry median. Overall, Refractory Shapes has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Refractory Shapes' Receivables Turnover compare to CRH and VMC?
Refractory Shapes' Receivables Turnover of 2.99 can be compared against companies in the Building Materials industry. The industry median Receivables Turnover is 6.36. Refractory Shapes' value of 2.99 is 53% 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 Building Materials company?
The median Receivables Turnover among Building Materials companies is 6.36, based on 404 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. Refractory Shapes's current Receivables Turnover of 2.99 is 53% 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 Refractory Shapes and its competitors. For the Building Materials industry, the median Receivables Turnover is 6.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Refractory Shapes's current Receivables Turnover is 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refractory Shapes stock overvalued right now?
Refractory Shapes (NSE:REFRACTORY) has a current Receivables Turnover of 2.99. The current Receivables Turnover is 2.99 and 53% below the Building Materials industry median of 6.36. Refractory Shapes' overall GF Score™ is 17/100. 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 Refractory Shapes (NSE:REFRACTORY), the current Receivables Turnover is 2.99 as of Mar. 2025. 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.

Refractory Shapes Business Description

Address Andheri-Kurla Road, B 201, Rustomjee Central Park Chakala, Andheri (East), Mumbai, MH, IND, 400069
Refractory Shapes Ltd is engaged in the production of special shapes, custom-made refractory shapes, and ceramic balls of low and medium purity with top quality and superior performance. The company manufactures bricks, castables, coating materials, high purity alumina catalyst bed supports, and ceramic balls. It serves industries including steel, refineries, fertilizers, petrochemicals, glass, and cement. The company has an international presence across multiple countries and is known for its quality, skilled workforce, and quality assurance.
17GF Score

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

₹26.85
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