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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. Zenith Steel Pipes & Industries's Revenue for the
three
months ended in Mar. 2026 was ₹112.9 Mil. Zenith Steel Pipes & Industries's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹571.2 Mil.
Hence, Zenith Steel Pipes & Industries's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.20.
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.
Zenith Steel Pipes & Industries Receivables Turnover Related Terms
Zenith Steel Pipes & Industries Receivables Turnover Historical Data
* 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:ZENITHSTL vs NUE, STLD, RS: Receivables Turnover Comparison
For the Steel subindustry, Zenith Steel Pipes & Industries'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.
Zenith Steel Pipes & Industries Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Zenith Steel Pipes & Industries's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Zenith Steel Pipes & Industries'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.
Zenith Steel Pipes & Industries (NSE:ZENITHSTL) has a Receivables Turnover of 0.20 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 Zenith Steel Pipes & Industries and its competitors. According to the industry distribution chart, Zenith Steel Pipes & Industries ranks #597 out of 606 companies in the Steel industry, placing it in the top 98.5%.
Is Zenith Steel Pipes & Industries' Receivables Turnover too high?
Zenith Steel Pipes & Industries' current Receivables Turnover is 0.20. The Steel industry median Receivables Turnover is 7.11. Zenith Steel Pipes & Industries' value of 0.20 is 97.2% below this industry median. Based on the distribution chart, Zenith Steel Pipes & Industries ranks #597 out of 606 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Zenith Steel Pipes & Industries has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zenith Steel Pipes & Industries' Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Zenith Steel Pipes & Industries ranks #597 out of 606 companies for Receivables Turnover. This places Zenith Steel Pipes & Industries in the lower half of its industry. The industry median Receivables Turnover is 7.11. Zenith Steel Pipes & Industries' value of 0.20 is 97.2% 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 7.11, based on 606 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. Zenith Steel Pipes & Industries's current Receivables Turnover of 0.20 is 97.2% 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 Zenith Steel Pipes & Industries and its competitors. For the Steel industry, the median Receivables Turnover is 7.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenith Steel Pipes & Industries's current Receivables Turnover is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Steel Pipes & Industries stock overvalued right now?
Based on GuruFocus' analysis, Zenith Steel Pipes & Industries (NSE:ZENITHSTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3.28, compared to a current price of ₹5.54 — trading 68.9% above its estimated fair value. The current Receivables Turnover is 0.20 and 97.2% below the Steel industry median of 7.11. Zenith Steel Pipes & Industries' overall GF Score™ is 39/100 with 7 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 Zenith Steel Pipes & Industries (NSE:ZENITHSTL), the current Receivables Turnover is 0.20 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 Zenith Steel Pipes & Industries (NSE:ZENITHSTL) Overvalued in 2026?
Based on GuruFocus' analysis, Zenith Steel Pipes & Industries stock appears to be overvalued.
The current stock price of ₹5.54 is trading 68.9% above its estimated GF Value™ of ₹3.28.
GuruFocus considers Zenith Steel Pipes & Industries to be Significantly Overvalued.
Key valuation signals for NSE:ZENITHSTL:
Receivables Turnover: 0.20
GF Value™: ₹3.28 vs. price of ₹5.54 (68.9% above fair value)
Industry Position: 97.2% below the Steel median (#597 of 606)
No single metric tells the full story. See the NSE:ZENITHSTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zenith Steel Pipes & Industries Ltd is a manufacturer of steel pipes in India. Its product portfolio includes Electric Resistance Welded Black pipes, Electric Resistance Welded GI pipes, HSAW Pipes, and others. The vast majority of its revenue comes from India.
39GF Score
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