Steel Strips Wheels (NSE:SSWL) Receivables Turnover: 2.48 (As of Jun. 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:SSWL Steel Strips Wheels Ltd NSE:SSWL
85 GF Score
Price ₹293.95
GF Value ₹270.59
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Steel Strips Wheels Receivables Turnover?

Steel Strips Wheels NSE:SSWL +0.55% 85 Receivables Turnover is 2.48 as of Jun. 2026. GuruFocus rates NSE:SSWL with a GF Score™ of 85/100 and a GF Value™ of ₹270.59 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,315 Vehicles & Parts companies, Steel Strips Wheels ranks better than 80.53% 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. Steel Strips Wheels's Revenue for the three months ended in Jun. 2026 was ₹15,098 Mil. Steel Strips Wheels's average Accounts Receivable for the three months ended in Jun. 2026 was ₹6,090 Mil. Hence, Steel Strips Wheels's Receivables Turnover for the three months ended in Jun. 2026 was 2.48.


Steel Strips Wheels  (NSE:SSWL) 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.


Steel Strips Wheels Receivables Turnover Related Terms


Steel Strips Wheels Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Steel Strips Wheels'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.

Steel Strips Wheels Receivables Turnover Chart

Steel Strips Wheels 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 10.96 10.87 11.01 9.56 9.46

Steel Strips Wheels Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only 2.44 3.39 3.73 2.42 2.48

NSE:SSWL vs ORLY, AZO: Receivables Turnover Comparison

For the Auto Parts subindustry, Steel Strips Wheels'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.


Steel Strips Wheels Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Steel Strips Wheels's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Steel Strips Wheels's Receivables Turnover falls into.


NSE:SSWL
85GF Score
Steel Strips Wheels Ltd NSE:SSWL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steel Strips Wheels Receivables Turnover Calculation

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

Steel Strips Wheels'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 )
=51828.025 / ((4863.738 + 6089.574) / 2 )
=51828.025 / 5476.656
=9.46

Steel Strips Wheels'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 )
=15098.183 / ((6089.574 + 0) / 1 )
=15098.183 / 6089.574
=2.48

* 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 2.48 mean?
Steel Strips Wheels (NSE:SSWL) has a Receivables Turnover of 2.48 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 Steel Strips Wheels and its competitors. According to the industry distribution chart, Steel Strips Wheels ranks #256 out of 1315 companies in the Vehicles & Parts industry, placing it in the top 19.5%.
Is Steel Strips Wheels' Receivables Turnover too high?
Steel Strips Wheels' current Receivables Turnover is 2.48. The Vehicles & Parts industry median Receivables Turnover is 5.99. Steel Strips Wheels' value of 2.48 is 58.6% below this industry median. Based on the distribution chart, Steel Strips Wheels ranks #256 out of 1315 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Steel Strips Wheels has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Steel Strips Wheels' Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Steel Strips Wheels ranks #256 out of 1315 companies for Receivables Turnover. This places Steel Strips Wheels in the top 20% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.99. Steel Strips Wheels' value of 2.48 is 58.6% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,315 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. Steel Strips Wheels's current Receivables Turnover of 2.48 is 58.6% 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 Steel Strips Wheels and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Strips Wheels's current Receivables Turnover is 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Strips Wheels stock overvalued right now?
Based on GuruFocus' analysis, Steel Strips Wheels (NSE:SSWL) is currently considered Fairly Valued. The stock's GF Value™ is ₹270.59, compared to a current price of ₹293.95 — trading 8.6% above its estimated fair value. The current Receivables Turnover is 2.48 and 58.6% below the Vehicles & Parts industry median of 5.99. Steel Strips Wheels' overall GF Score™ is 85/100 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 Steel Strips Wheels (NSE:SSWL), the current Receivables Turnover is 2.48 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 Steel Strips Wheels (NSE:SSWL) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Strips Wheels stock appears to be overvalued. The current stock price of ₹293.95 is trading 8.6% above its estimated GF Value™ of ₹270.59. GuruFocus considers Steel Strips Wheels to be Fairly Valued.

Key valuation signals for NSE:SSWL:

  • Receivables Turnover: 2.48
  • GF Value™: ₹270.59 vs. price of ₹293.95 (8.6% above fair value)
  • GF Score™: 85/100 with 8 warning signs
  • Industry Position: 58.6% below the Vehicles & Parts median (#256 of 1315)

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


Steel Strips Wheels Business Description

Other Exchanges 513262:India
Address Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019
Steel Strips Wheels Ltd is an India-based automotive steel wheel manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.
85GF Score

Get the complete analysis for NSE:SSWL

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

₹293.95
Price
₹270.59
GF Value