Vibhor Steel Tubes (NSE:VSTL) Receivables Turnover: 6.06 (As of Mar. 2026)

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NSE:VSTL Vibhor Steel Tubes Ltd NSE:VSTL
34 GF Score
Price ₹111.44
! 3 Warning Signs
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What is Vibhor Steel Tubes Receivables Turnover?

Vibhor Steel Tubes NSE:VSTL -1.35% 34 Receivables Turnover is 6.06 as of Mar. 2026. GuruFocus rates NSE:VSTL with a GF Score™ of 34/100. The stock has 3 warning signs investors should review. Among 605 Steel companies, Vibhor Steel Tubes ranks better than 81.49% 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. Vibhor Steel Tubes's Revenue for the three months ended in Mar. 2026 was ₹3,351 Mil. Vibhor Steel Tubes's average Accounts Receivable for the three months ended in Mar. 2026 was ₹553 Mil. Hence, Vibhor Steel Tubes's Receivables Turnover for the three months ended in Mar. 2026 was 6.06.


Vibhor Steel Tubes  (NSE:VSTL) 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.


Vibhor Steel Tubes Receivables Turnover Related Terms


Vibhor Steel Tubes Receivables Turnover Historical Data

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The historical data trend for Vibhor 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.

Vibhor Steel Tubes Receivables Turnover Chart

Vibhor Steel Tubes Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 19.45 22.42 20.35 16.23 18.07

Vibhor Steel Tubes Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 4.01 3.21 3.78 4.04 6.06

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

For the Steel subindustry, Vibhor 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.


Vibhor Steel Tubes Receivables Turnover vs Steel Industry

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

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


NSE:VSTL
34GF Score
Vibhor Steel Tubes Ltd NSE:VSTL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Vibhor Steel Tubes Receivables Turnover Calculation

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

Vibhor 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 )
=11493.51 / ((718.653 + 553.14) / 2 )
=11493.51 / 635.8965
=18.07

Vibhor 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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=3351.293 / ((0 + 553.14) / 1 )
=3351.293 / 553.14
=6.06

* 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 6.06 mean?
Vibhor Steel Tubes (NSE:VSTL) has a Receivables Turnover of 6.06 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 Vibhor Steel Tubes and its competitors. According to the industry distribution chart, Vibhor Steel Tubes ranks #112 out of 605 companies in the Steel industry, placing it in the top 18.5%.
Is Vibhor Steel Tubes' Receivables Turnover too high?
Vibhor Steel Tubes' current Receivables Turnover is 6.06. The Steel industry median Receivables Turnover is 7.16. Vibhor Steel Tubes' value of 6.06 is 15.4% below this industry median. Based on the distribution chart, Vibhor Steel Tubes ranks #112 out of 605 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Vibhor Steel Tubes has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Vibhor Steel Tubes' Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Vibhor Steel Tubes ranks #112 out of 605 companies for Receivables Turnover. This places Vibhor Steel Tubes in the top 19% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.16. Vibhor Steel Tubes' value of 6.06 is 15.4% 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. Vibhor Steel Tubes's current Receivables Turnover of 6.06 is 15.4% 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 Vibhor Steel Tubes 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. Vibhor Steel Tubes's current Receivables Turnover is 6.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vibhor Steel Tubes stock overvalued right now?
Vibhor Steel Tubes (NSE:VSTL) has a current Receivables Turnover of 6.06. The current Receivables Turnover is 6.06 and 15.4% below the Steel industry median of 7.16. Vibhor Steel Tubes' overall GF Score™ is 34/100 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 Vibhor Steel Tubes (NSE:VSTL), the current Receivables Turnover is 6.06 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.

Vibhor Steel Tubes Business Description

Other Exchanges 544124:India
Address Delhi Road, Plot No. 2, Industrial Development Colony, Hisar, HR, IND, 125005
Vibhor Steel Tubes Ltd is a manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils. Steel pipes and tubes are used pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, CDW pipes for shockers, steel pipes for various structural purposes, steel pipes for various engineering purposes, and others.
34GF Score

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