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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. Scan Steels's Revenue for the
three
months ended in Jun. 2026 was ₹2,578 Mil. Scan Steels's average Accounts Receivable for the
three
months ended in Jun. 2026 was ₹211 Mil.
Hence, Scan Steels's Receivables Turnover for the
three
months ended in Jun. 2026 was 12.22.
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.
Scan Steels Receivables Turnover Related Terms
Scan Steels Receivables Turnover Historical Data
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The historical data trend for Scan Steels'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.
For the Steel subindustry, Scan Steels'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.
Scan Steels Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Scan Steels's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Scan Steels's Receivables Turnover falls into.
* 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.
Scan Steels (NSE:SCANSTL) has a Receivables Turnover of 12.22 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 Scan Steels and its competitors. According to the industry distribution chart, Scan Steels ranks #37 out of 608 companies in the Steel industry, placing it in the top 6.1%.
Is Scan Steels' Receivables Turnover too high?
Scan Steels' current Receivables Turnover is 12.22. The Steel industry median Receivables Turnover is 7.20. Scan Steels' value of 12.22 is 69.8% above this industry median. Based on the distribution chart, Scan Steels ranks #37 out of 608 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Scan Steels has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Scan Steels' Receivables Turnover compare to ?
According to the Steel industry distribution chart, Scan Steels ranks #37 out of 608 companies for Receivables Turnover. This places Scan Steels in the top 6% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.20. Scan Steels' value of 12.22 is 69.8% 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 7.20, based on 608 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. Scan Steels's current Receivables Turnover of 12.22 is 69.8% 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 Scan Steels and its competitors. For the Steel industry, the median Receivables Turnover is 7.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scan Steels's current Receivables Turnover is 12.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scan Steels stock overvalued right now?
Based on GuruFocus' analysis, Scan Steels (NSE:SCANSTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹39.02, compared to a current price of ₹61.23 — trading 56.9% above its estimated fair value. The current Receivables Turnover is 12.22 and 69.8% above the Steel industry median of 7.20. Scan Steels' overall GF Score™ is 40/100 with 8 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 Scan Steels (NSE:SCANSTL), the current Receivables Turnover is 12.22 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.
Is Scan Steels (NSE:SCANSTL) Overvalued in 2026?
Based on GuruFocus' analysis, Scan Steels stock appears to be overvalued.
The current stock price of ₹61.23 is trading 56.9% above its estimated GF Value™ of ₹39.02.
GuruFocus considers Scan Steels to be Significantly Overvalued.
Key valuation signals for NSE:SCANSTL:
Receivables Turnover: 12.22
GF Value™: ₹39.02 vs. price of ₹61.23 (56.9% above fair value)
Industry Position: 69.8% above the Steel median (#37 of 608)
No single metric tells the full story. See the NSE:SCANSTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scan Steels Ltd is an Indian-based iron and steel company. It is engaged in the manufacturing of steel products and in the generation of power for captive consumption. The company operates through a single segment, which is Steel Manufacturing. Its products include Shrishtii TMT, MS Billets, Shrishtii Roofing, Shrishtii Structural, and Fly Ash Bricks.
40GF Score
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