TWIRF (Tree Island Steel) Receivables Turnover: 1.97 (As of Mar. 2026)

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TWIRF Tree Island Steel Ltd TWIRF
54 GF Score
Price $1.51
GF Value $1.39
Valuation Fairly Valued
! 4 Warning Signs
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What is Tree Island Steel Receivables Turnover?

Tree Island Steel TWIRF 54 Receivables Turnover is 1.97 as of Mar. 2026. GuruFocus rates TWIRF with a GF Score™ of 54/100 and a GF Value™ of $1.39 (Fairly Valued). The stock has 4 warning signs investors should review. Among 605 Steel companies, Tree Island Steel ranks worse than 53.22% 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. Tree Island Steel's Revenue for the three months ended in Mar. 2026 was $31.4 Mil. Tree Island Steel's average Accounts Receivable for the three months ended in Mar. 2026 was $15.9 Mil. Hence, Tree Island Steel's Receivables Turnover for the three months ended in Mar. 2026 was 1.97.


Tree Island Steel  (OTCPK:TWIRF) 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.


Tree Island Steel Receivables Turnover Related Terms


Tree Island Steel Receivables Turnover Historical Data

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The historical data trend for Tree Island 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.

Tree Island Steel Receivables Turnover Chart

Tree Island Steel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.60 10.15 9.46 8.57 7.96

Tree Island Steel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.97 1.74 1.60 1.69 1.97

TWIRF vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, Tree Island 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.


Tree Island Steel Receivables Turnover vs Steel Industry

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

* The bar in red indicates where Tree Island Steel's Receivables Turnover falls into.


TWIRF
54GF Score
Tree Island Steel Ltd TWIRF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tree Island Steel Receivables Turnover Calculation

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

Tree Island Steel's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=123.835 / ((18.512 + 12.603) / 2 )
=123.835 / 15.5575
=7.96

Tree Island Steel'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 )
=31.374 / ((12.603 + 19.195) / 2 )
=31.374 / 15.899
=1.97

* 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 1.97 mean?
Tree Island Steel (TWIRF) has a Receivables Turnover of 1.97 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 Tree Island Steel and its competitors. According to the industry distribution chart, Tree Island Steel ranks #322 out of 605 companies in the Steel industry, placing it in the top 53.2%.
Is Tree Island Steel's Receivables Turnover too high?
Tree Island Steel's current Receivables Turnover is 1.97. The Steel industry median Receivables Turnover is 7.13. Tree Island Steel's value of 1.97 is 72.4% below this industry median. Based on the distribution chart, Tree Island Steel ranks #322 out of 605 companies in the Steel industry, which is below the industry midpoint. Overall, Tree Island Steel has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tree Island Steel's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Tree Island Steel ranks #322 out of 605 companies for Receivables Turnover. This places Tree Island Steel in the lower half of its industry. The industry median Receivables Turnover is 7.13. Tree Island Steel's value of 1.97 is 72.4% 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 7.13, 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. Tree Island Steel's current Receivables Turnover of 1.97 is 72.4% 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 Tree Island Steel 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. Tree Island Steel's current Receivables Turnover is 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tree Island Steel stock overvalued right now?
Based on GuruFocus' analysis, Tree Island Steel (TWIRF) is currently considered Fairly Valued. The stock's GF Value™ is $1.39, compared to a current price of $1.51 — trading 8.3% above its estimated fair value. The current Receivables Turnover is 1.97 and 72.4% below the Steel industry median of 7.13. Tree Island Steel's 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 Tree Island Steel (TWIRF), the current Receivables Turnover is 1.97 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 Tree Island Steel (TWIRF) Overvalued in 2026?

Based on GuruFocus' analysis, Tree Island Steel stock appears to be overvalued. The current stock price of $1.51 is trading 8.3% above its estimated GF Value™ of $1.39. GuruFocus considers Tree Island Steel to be Fairly Valued.

Key valuation signals for TWIRF:

  • Receivables Turnover: 1.97
  • GF Value™: $1.39 vs. price of $1.51 (8.3% above fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 72.4% below the Steel median (#322 of 605)

No single metric tells the full story. See the TWIRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tree Island Steel Business Description

Other Exchanges TSL:Canada
Address 3933 Boundary Road, Richmond, BC, CAN, V6V 1T8
Tree Island Steel Ltd is engaged in the manufacturing and sale of steel wire and fabricated steel wire products for a range of applications. It offers products such as bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated steel products. These products are offered under Tree Island, TI Wire, ToughStrand, ToughPanel, Halsteel, TrueSpec, and K-Lath brands. Tree Island groups its products into the following: Industrial, Commercial Construction, Agricultural, and Residential Construction, of which maximum revenue is generated from the Industrial category. Geographically, the company generates maximum revenue from Canada, and the rest from the United States, and other International markets.
54GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.51
Price
$1.39
GF Value