VMS TMT (NSE:VMSTMT) Receivables Turnover: 6.99 (As of Mar. 2026)

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NSE:VMSTMT VMS TMT Ltd NSE:VMSTMT
12 GF Score
Price ₹44.20
! 3 Warning Signs
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What is VMS TMT Receivables Turnover?

VMS TMT NSE:VMSTMT +0.18% 12 Receivables Turnover is 6.99 as of Mar. 2026. GuruFocus rates NSE:VMSTMT with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 605 Steel companies, VMS TMT ranks better than 91.9% 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. VMS TMT's Revenue for the three months ended in Mar. 2026 was ₹2,411 Mil. VMS TMT's average Accounts Receivable for the three months ended in Mar. 2026 was ₹345 Mil. Hence, VMS TMT's Receivables Turnover for the three months ended in Mar. 2026 was 6.99.


VMS TMT  (NSE:VMSTMT) 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.


VMS TMT Receivables Turnover Related Terms


VMS TMT Receivables Turnover Historical Data

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The historical data trend for VMS TMT'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.

VMS TMT Receivables Turnover Chart

VMS TMT Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
15.52 43.20 70.52 37.83 28.19

VMS TMT Quarterly Data
Mar22 Mar23 Mar24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 7.35 11.53 13.05 12.32 6.99

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

For the Steel subindustry, VMS TMT'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.


VMS TMT Receivables Turnover vs Steel Industry

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

* The bar in red indicates where VMS TMT's Receivables Turnover falls into.


NSE:VMSTMT
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VMS TMT Ltd NSE:VMSTMT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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VMS TMT Receivables Turnover Calculation

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

VMS TMT'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 )
=8385.574 / ((249.945 + 344.913) / 2 )
=8385.574 / 297.429
=28.19

VMS TMT'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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=2411.114 / ((0 + 344.913) / 1 )
=2411.114 / 344.913
=6.99

* 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 6.99 mean?
VMS TMT (NSE:VMSTMT) has a Receivables Turnover of 6.99 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 VMS TMT and its competitors. According to the industry distribution chart, VMS TMT ranks #49 out of 605 companies in the Steel industry, placing it in the top 8.1%.
Is VMS TMT's Receivables Turnover too high?
VMS TMT's current Receivables Turnover is 6.99. The Steel industry median Receivables Turnover is 7.13. VMS TMT's value of 6.99 is 2% below this industry median. Based on the distribution chart, VMS TMT ranks #49 out of 605 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, VMS TMT has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does VMS TMT's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, VMS TMT ranks #49 out of 605 companies for Receivables Turnover. This places VMS TMT in the top 8% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.13. VMS TMT's value of 6.99 is 2% 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 7.13, 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. VMS TMT's current Receivables Turnover of 6.99 is 2% 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 VMS TMT and its competitors. For the Steel industry, the median Receivables Turnover is 7.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VMS TMT's current Receivables Turnover is 6.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VMS TMT stock overvalued right now?
VMS TMT (NSE:VMSTMT) has a current Receivables Turnover of 6.99. The current Receivables Turnover is 6.99 and 2% below the Steel industry median of 7.13. VMS TMT's overall GF Score™ is 12/100 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 VMS TMT (NSE:VMSTMT), the current Receivables Turnover is 6.99 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.

VMS TMT Business Description

Other Exchanges 544521:India
Address Survey No. 214, Near Water Tank, Bhayla, Ahmedabad, GJ, IND, 382220
VMS TMT Ltd is engaged in manufacturing of Thermo Mechanically Treated Bars (TMT Bars) at its manufacturing facility situated at Bhayla Village, Ahmedabad, Gujarat, India. TMT Bars are high-strength reinforcement steel used widely in construction industry due to their exceptional strength, ductility, and corrosion resistance. Its revenue from operations also includes sale of scrap, binding wires and billets.
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