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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. Usha Martin's Revenue for the
three
months ended in Mar. 2026 was ₹9,793 Mil. Usha Martin's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹6,434 Mil.
Hence, Usha Martin's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.52.
Usha Martin (NSE:USHAMART) 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.
Usha Martin Receivables Turnover Related Terms
Usha Martin Receivables Turnover Historical Data
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The historical data trend for Usha Martin'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.
NSE:USHAMART vs NUE, STLD, RS: Receivables Turnover Comparison
For the Steel subindustry, Usha Martin'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.
Usha Martin Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Usha Martin's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Usha Martin'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.
Usha Martin (NSE:USHAMART) has a Receivables Turnover of 1.52 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 Usha Martin and its competitors. According to the industry distribution chart, Usha Martin ranks #453 out of 605 companies in the Steel industry, placing it in the top 74.9%.
Is Usha Martin's Receivables Turnover too high?
Usha Martin's current Receivables Turnover is 1.52. The Steel industry median Receivables Turnover is 7.16. Usha Martin's value of 1.52 is 78.8% below this industry median. Based on the distribution chart, Usha Martin ranks #453 out of 605 companies in the Steel industry, which is below the industry midpoint. Overall, Usha Martin has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Usha Martin's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Usha Martin ranks #453 out of 605 companies for Receivables Turnover. This places Usha Martin in the lower half of its industry. The industry median Receivables Turnover is 7.16. Usha Martin's value of 1.52 is 78.8% 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 7.16, based on 605 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. Usha Martin's current Receivables Turnover of 1.52 is 78.8% 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 Usha Martin and its competitors. For the Steel industry, the median Receivables Turnover is 7.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Usha Martin's current Receivables Turnover is 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Usha Martin stock overvalued right now?
Based on GuruFocus' analysis, Usha Martin (NSE:USHAMART) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹414.08, compared to a current price of ₹497.10 — trading 20% above its estimated fair value. The current Receivables Turnover is 1.52 and 78.8% below the Steel industry median of 7.16. Usha Martin's overall GF Score™ is 84/100 with 3 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 Usha Martin (NSE:USHAMART), the current Receivables Turnover is 1.52 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 Usha Martin (NSE:USHAMART) Overvalued in 2026?
Based on GuruFocus' analysis, Usha Martin stock appears to be overvalued.
The current stock price of ₹497.10 is trading 20% above its estimated GF Value™ of ₹414.08.
GuruFocus considers Usha Martin to be Modestly Overvalued.
Key valuation signals for NSE:USHAMART:
Receivables Turnover: 1.52
GF Value™: ₹414.08 vs. price of ₹497.10 (20% above fair value)
Industry Position: 78.8% below the Steel median (#453 of 605)
No single metric tells the full story. See the NSE:USHAMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Usha Martin Ltd is engaged in the business of the production of wire rope. The company's operating segment includes Wire and wire ropes and others. It generates maximum revenue from the Wire and wire ropes segment. The wire and wire ropes segment manufactures and sells steel wires, strands, wire ropes, cords, related accessories, and others. Its Others segment includes the manufacturing and selling of wire drawing and allied machines and corporate office. Geographically, it derives a majority of revenue from India and also has its presence outside India.
84GF Score
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