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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. Steel Dynamics's Revenue for the
three
months ended in Mar. 2026 was $5,205 Mil. Steel Dynamics's average Accounts Receivable for the
three
months ended in Mar. 2026 was $1,870 Mil.
Hence, Steel Dynamics's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.78.
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.
Steel Dynamics Receivables Turnover Related Terms
Steel Dynamics Receivables Turnover Historical Data
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The historical data trend for Steel Dynamics'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.
STLD vs RS, NUE, TX: Receivables Turnover Comparison
For the Steel subindustry, Steel Dynamics'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.
Steel Dynamics Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Steel Dynamics's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Steel Dynamics'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.
Steel Dynamics (STLD) has a Receivables Turnover of 2.78 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 Steel Dynamics and its competitors. According to the industry distribution chart, Steel Dynamics ranks #192 out of 605 companies in the Steel industry, placing it in the top 31.7%.
Is Steel Dynamics' Receivables Turnover too high?
Steel Dynamics' current Receivables Turnover is 2.78. The Steel industry median Receivables Turnover is 7.13. Steel Dynamics' value of 2.78 is 61% below this industry median. Based on the distribution chart, Steel Dynamics ranks #192 out of 605 companies in the Steel industry, which is above the industry midpoint. Overall, Steel Dynamics has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steel Dynamics' Receivables Turnover compare to RS and NUE?
According to the Steel industry distribution chart, Steel Dynamics ranks #192 out of 605 companies for Receivables Turnover. This puts Steel Dynamics in the upper half of its industry. The industry median Receivables Turnover is 7.13. Steel Dynamics' value of 2.78 is 61% 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. Steel Dynamics's current Receivables Turnover of 2.78 is 61% 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 Steel Dynamics 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. Steel Dynamics's current Receivables Turnover is 2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Dynamics stock overvalued right now?
Based on GuruFocus' analysis, Steel Dynamics (STLD) is currently considered Significantly Overvalued. The stock's GF Value™ is $158.87, compared to a current price of $233.52 — trading 47% above its estimated fair value. The current Receivables Turnover is 2.78 and 61% below the Steel industry median of 7.13. Steel Dynamics' overall GF Score™ is 88/100 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 Steel Dynamics (STLD), the current Receivables Turnover is 2.78 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 Steel Dynamics (STLD) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Dynamics stock appears to be overvalued.
The current stock price of $233.52 is trading 47% above its estimated GF Value™ of $158.87.
GuruFocus considers Steel Dynamics to be Significantly Overvalued.
Key valuation signals for STLD:
Receivables Turnover: 2.78
GF Value™: $158.87 vs. price of $233.52 (47% above fair value)
Industry Position: 61% below the Steel median (#192 of 605)
No single metric tells the full story. See the STLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel Dynamics Inc operates as a domestic steel producer and metal recycler in the United States. The company's product portfolio comprises hot rolled sheet, hot rolled plate, painted sheet products, cold rolled sheet, and others. Its reportable segments are steel operations, metals recycling operations, steel fabrication operations, and aluminum operations. Maximum revenue is generated from its steel operations segment, which consists of manufacturing various steel products and numerous coating operations. Its primary sources of revenue are currently from the manufacture and sale of steel products, the processing and sale of recycled ferrous and nonferrous metals, and the fabrication and sale of steel joists and deck products.
88GF Score
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