Surani Steel Tubes (NSE:SURANI) Receivables Turnover: 18.78 (As of Mar. 2026)

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NSE:SURANI Surani Steel Tubes Ltd NSE:SURANI
51 GF Score
Price ₹99.70
GF Value ₹68.37
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Surani Steel Tubes Receivables Turnover?

Surani Steel Tubes NSE:SURANI -0.30% 51 Receivables Turnover is 18.78 as of Mar. 2026. GuruFocus rates NSE:SURANI with a GF Score™ of 51/100 and a GF Value™ of ₹68.37 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 607 Steel companies, Surani Steel Tubes ranks better than 59.8% 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. Surani Steel Tubes's Revenue for the six months ended in Mar. 2026 was ₹413.4 Mil. Surani Steel Tubes's average Accounts Receivable for the six months ended in Mar. 2026 was ₹22.0 Mil. Hence, Surani Steel Tubes's Receivables Turnover for the six months ended in Mar. 2026 was 18.78.


Surani Steel Tubes  (NSE:SURANI) 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.


Surani Steel Tubes Receivables Turnover Related Terms


Surani Steel Tubes Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Surani Steel Tubes'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.

Surani Steel Tubes Receivables Turnover Chart

Surani Steel Tubes 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 22.00 13.20 20.91 15.80 6.11

Surani Steel Tubes Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 45.92 18.95 6.08 3.56 18.78

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

For the Steel subindustry, Surani Steel Tubes'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.


Surani Steel Tubes Receivables Turnover vs Steel Industry

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

* The bar in red indicates where Surani Steel Tubes's Receivables Turnover falls into.


NSE:SURANI
51GF Score
Surani Steel Tubes Ltd NSE:SURANI
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Surani Steel Tubes Receivables Turnover Calculation

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

Surani Steel Tubes'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 )
=922.759 / ((271.799 + 30.03) / 2 )
=922.759 / 150.9145
=6.11

Surani Steel Tubes'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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=413.389 / ((13.993 + 30.03) / 2 )
=413.389 / 22.0115
=18.78

* 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 18.78 mean?
Surani Steel Tubes (NSE:SURANI) has a Receivables Turnover of 18.78 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 Surani Steel Tubes and its competitors. According to the industry distribution chart, Surani Steel Tubes ranks #244 out of 607 companies in the Steel industry, placing it in the top 40.2%.
Is Surani Steel Tubes' Receivables Turnover too high?
Surani Steel Tubes' current Receivables Turnover is 18.78. The Steel industry median Receivables Turnover is 7.23. Surani Steel Tubes' value of 18.78 is 159.8% above this industry median. Based on the distribution chart, Surani Steel Tubes ranks #244 out of 607 companies in the Steel industry, which is above the industry midpoint. Overall, Surani Steel Tubes has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surani Steel Tubes' Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Surani Steel Tubes ranks #244 out of 607 companies for Receivables Turnover. This puts Surani Steel Tubes in the upper half of its industry. The industry median Receivables Turnover is 7.23. Surani Steel Tubes' value of 18.78 is 159.8% 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 7.23, 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. Surani Steel Tubes's current Receivables Turnover of 18.78 is 159.8% 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 Surani Steel Tubes 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. Surani Steel Tubes's current Receivables Turnover is 18.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surani Steel Tubes stock overvalued right now?
Based on GuruFocus' analysis, Surani Steel Tubes (NSE:SURANI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹68.37, compared to a current price of ₹99.70 — trading 45.8% above its estimated fair value. The current Receivables Turnover is 18.78 and 159.8% above the Steel industry median of 7.23. Surani Steel Tubes' overall GF Score™ is 51/100 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 Surani Steel Tubes (NSE:SURANI), the current Receivables Turnover is 18.78 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 Surani Steel Tubes (NSE:SURANI) Overvalued in 2026?

Based on GuruFocus' analysis, Surani Steel Tubes stock appears to be overvalued. The current stock price of ₹99.70 is trading 45.8% above its estimated GF Value™ of ₹68.37. GuruFocus considers Surani Steel Tubes to be Significantly Overvalued.

Key valuation signals for NSE:SURANI:

  • Receivables Turnover: 18.78
  • GF Value™: ₹68.37 vs. price of ₹99.70 (45.8% above fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 159.8% above the Steel median (#244 of 607)

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


Surani Steel Tubes Business Description

Address Bayad Road, Sr. No. 110, 115, Opposite Vinayak TMT, Village Sampa, Taluka Dahegam, Gandhinagar, GJ, IND, 382315
Surani Steel Tubes Ltd is engaged in manufacturing and supplying ERW pipes and steel tubes. The company operates a single segment named manufacturing ERW MS PIPES and trading of MS PIPE. The company's products include ERW Round Pipes and Tubes, Square and Rectangle Hollow Sections, MS Slit Coils and Strips, Hot Roll Coils, and others. Geographically, it operates only in India.
51GF Score

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

₹99.70
Price
₹68.37
GF Value