Vraj Iron and Steel (NSE:VRAJ) Receivables Turnover: 5.96 (As of Jun. 2026)

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NSE:VRAJ Vraj Iron and Steel Ltd NSE:VRAJ
40 GF Score
Price ₹121.36
! 3 Warning Signs
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What is Vraj Iron and Steel Receivables Turnover?

Vraj Iron and Steel NSE:VRAJ -0.89% 40 Receivables Turnover is 5.96 as of Jun. 2026. GuruFocus rates NSE:VRAJ with a GF Score™ of 40/100. The stock has 3 warning signs investors should review. Among 607 Steel companies, Vraj Iron and Steel ranks better than 85.67% 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. Vraj Iron and Steel's Revenue for the three months ended in Jun. 2026 was ₹1,938 Mil. Vraj Iron and Steel's average Accounts Receivable for the three months ended in Jun. 2026 was ₹325 Mil. Hence, Vraj Iron and Steel's Receivables Turnover for the three months ended in Jun. 2026 was 5.96.


Vraj Iron and Steel  (NSE:VRAJ) 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.


Vraj Iron and Steel Receivables Turnover Related Terms


Vraj Iron and Steel Receivables Turnover Historical Data

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The historical data trend for Vraj Iron and Steel'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.

Vraj Iron and Steel Receivables Turnover Chart

Vraj Iron and Steel Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 44.00 41.70 34.38 29.04 21.89

Vraj Iron and Steel Quarterly Data
Mar21 Mar22 Mar23 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 6.53 7.33 8.07 5.23 5.96

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

For the Steel subindustry, Vraj Iron and Steel'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.


Vraj Iron and Steel Receivables Turnover vs Steel Industry

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

* The bar in red indicates where Vraj Iron and Steel's Receivables Turnover falls into.


NSE:VRAJ
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Vraj Iron and Steel Ltd NSE:VRAJ
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Vraj Iron and Steel Receivables Turnover Calculation

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

Vraj Iron and Steel'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 )
=5879.24 / ((211.9 + 325.21) / 2 )
=5879.24 / 268.555
=21.89

Vraj Iron and Steel'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 )
=1938.29 / ((325.21 + 0) / 1 )
=1938.29 / 325.21
=5.96

* 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 5.96 mean?
Vraj Iron and Steel (NSE:VRAJ) has a Receivables Turnover of 5.96 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 Vraj Iron and Steel and its competitors. According to the industry distribution chart, Vraj Iron and Steel ranks #87 out of 607 companies in the Steel industry, placing it in the top 14.3%.
Is Vraj Iron and Steel's Receivables Turnover too high?
Vraj Iron and Steel's current Receivables Turnover is 5.96. The Steel industry median Receivables Turnover is 7.23. Vraj Iron and Steel's value of 5.96 is 17.6% below this industry median. Based on the distribution chart, Vraj Iron and Steel ranks #87 out of 607 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Vraj Iron and Steel has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Vraj Iron and Steel's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Vraj Iron and Steel ranks #87 out of 607 companies for Receivables Turnover. This places Vraj Iron and Steel in the top 14% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.23. Vraj Iron and Steel's value of 5.96 is 17.6% 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 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. Vraj Iron and Steel's current Receivables Turnover of 5.96 is 17.6% 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 Vraj Iron and Steel 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. Vraj Iron and Steel's current Receivables Turnover is 5.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vraj Iron and Steel stock overvalued right now?
Vraj Iron and Steel (NSE:VRAJ) has a current Receivables Turnover of 5.96. The current Receivables Turnover is 5.96 and 17.6% below the Steel industry median of 7.23. Vraj Iron and Steel's overall GF Score™ is 40/100 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 Vraj Iron and Steel (NSE:VRAJ), the current Receivables Turnover is 5.96 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.

Vraj Iron and Steel Business Description

Other Exchanges 544204:India
Address First Floor, Plot No 63 & 66, Ph No 113, Mother Teresa Ward No. 43, Jalvihar Colony, Raipur, CT, IND, 492001
Vraj Iron and Steel Ltd is a subsidiary of Gopal Sponge and Power Private Limited, with two manufacturing units located at Raipur and Bilaspur in Chhattisgarh. The company is engaged in the manufacture of iron and steel in Central India. It produces Sponge Iron, TMT Bars, and MS Billets under the brand "Vraj." Vraj Iron And Steel focuses on manufacturing and trading iron, steel, and power, which is its primary business segment. The company offers integrated steel plants with manufacturing setups, including DRI unit, EAF, continuous billet casting mill, high-speed rolling mill, and quality assurance laboratories.
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