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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. Fortress Minerals's Revenue for the
three
months ended in May. 2026 was S$25.11 Mil. Fortress Minerals's average Accounts Receivable for the
three
months ended in May. 2026 was S$5.77 Mil.
Hence, Fortress Minerals's Receivables Turnover for the
three
months ended in May. 2026 was 4.35.
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.
Fortress Minerals Receivables Turnover Related Terms
Fortress Minerals Receivables Turnover Historical Data
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The historical data trend for Fortress Minerals'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.
SGX:OAJ vs NUE, STLD, RS: Receivables Turnover Comparison
For the Steel subindustry, Fortress Minerals'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.
Fortress Minerals Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Fortress Minerals's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Fortress Minerals'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.
Fortress Minerals (SGX:OAJ) has a Receivables Turnover of 4.35 as of May. 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 Fortress Minerals and its competitors. According to the industry distribution chart, Fortress Minerals ranks #134 out of 607 companies in the Steel industry, placing it in the top 22.1%.
Is Fortress Minerals' Receivables Turnover too high?
Fortress Minerals' current Receivables Turnover is 4.35. The Steel industry median Receivables Turnover is 7.23. Fortress Minerals' value of 4.35 is 39.8% below this industry median. Based on the distribution chart, Fortress Minerals ranks #134 out of 607 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Fortress Minerals has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fortress Minerals' Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Fortress Minerals ranks #134 out of 607 companies for Receivables Turnover. This places Fortress Minerals in the top 22% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.23. Fortress Minerals' value of 4.35 is 39.8% 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 7.23, 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. Fortress Minerals's current Receivables Turnover of 4.35 is 39.8% 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 Fortress Minerals 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. Fortress Minerals's current Receivables Turnover is 4.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortress Minerals stock overvalued right now?
Based on GuruFocus' analysis, Fortress Minerals (SGX:OAJ) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.32, compared to a current price of S$0.25 — trading 23.4% below its estimated fair value. The current Receivables Turnover is 4.35 and 39.8% below the Steel industry median of 7.23. Fortress Minerals' overall GF Score™ is 54/100 with 4 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 Fortress Minerals (SGX:OAJ), the current Receivables Turnover is 4.35 as of May. 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 Fortress Minerals (SGX:OAJ) Overvalued in 2026?
Based on GuruFocus' analysis, Fortress Minerals stock appears to be undervalued.
The current stock price of S$0.25 is trading 23.4% below its estimated GF Value™ of S$0.32.
GuruFocus considers Fortress Minerals to be Modestly Undervalued.
Key valuation signals for SGX:OAJ:
Receivables Turnover: 4.35
GF Value™: S$0.32 vs. price of S$0.25 (23.4% below fair value)
Industry Position: 39.8% below the Steel median (#134 of 607)
No single metric tells the full story. See the SGX:OAJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortress Minerals Ltd is an iron ore concentrate miner and exporter in Malaysia. The company engages in the exploration, mining, production, and sale of iron ore with low levels of impurities. It mines the iron ore from its East, Valley, and West Deposits of Bukit Besi Mine situated in the district of Dungun, state of Terengganu in Malaysia. It derives revenue from the sale of iron ore.
54GF Score
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