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. Worthington Steel's Revenue for the
three
months ended in May. 2026 was $929 Mil. Worthington Steel's average Accounts Receivable for the
three
months ended in May. 2026 was $479 Mil.
Hence, Worthington Steel's Receivables Turnover for the
three
months ended in May. 2026 was 1.94.
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.
Worthington Steel Receivables Turnover Related Terms
Worthington Steel Receivables Turnover Historical Data
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The historical data trend for Worthington 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.
WS vs NWPX, MTUS, MSB: Receivables Turnover Comparison
For the Steel subindustry, Worthington 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.
Worthington Steel Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Worthington Steel's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Worthington Steel'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.
Worthington Steel (WS) has a Receivables Turnover of 1.94 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 Worthington Steel and its competitors. According to the industry distribution chart, Worthington Steel ranks #292 out of 606 companies in the Steel industry, placing it in the top 48.2%.
Is Worthington Steel's Receivables Turnover too high?
Worthington Steel's current Receivables Turnover is 1.94. The Steel industry median Receivables Turnover is 7.19. Worthington Steel's value of 1.94 is 73% below this industry median. Based on the distribution chart, Worthington Steel ranks #292 out of 606 companies in the Steel industry, which is above the industry midpoint. Overall, Worthington 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 Worthington Steel's Receivables Turnover compare to NWPX and MTUS?
According to the Steel industry distribution chart, Worthington Steel ranks #292 out of 606 companies for Receivables Turnover. This puts Worthington Steel in the upper half of its industry. The industry median Receivables Turnover is 7.19. Worthington Steel's value of 1.94 is 73% 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 7.19, 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. Worthington Steel's current Receivables Turnover of 1.94 is 73% 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 Worthington Steel and its competitors. For the Steel industry, the median Receivables Turnover is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Worthington Steel's current Receivables Turnover is 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Worthington Steel stock overvalued right now?
Based on GuruFocus' analysis, Worthington Steel (WS) is currently considered Fairly Valued. The stock's GF Value™ is $33.60, compared to a current price of $32.14 — trading 4.3% below its estimated fair value. The current Receivables Turnover is 1.94 and 73% below the Steel industry median of 7.19. Worthington Steel's overall GF Score™ is 54/100 with 10 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 Worthington Steel (WS), the current Receivables Turnover is 1.94 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 Worthington Steel (WS) Overvalued in 2026?
Based on GuruFocus' analysis, Worthington Steel stock appears to be undervalued.
The current stock price of $32.14 is trading 4.3% below its estimated GF Value™ of $33.60.
GuruFocus considers Worthington Steel to be Fairly Valued.
Key valuation signals for WS:
Receivables Turnover: 1.94
GF Value™: $33.60 vs. price of $32.14 (4.3% below fair value)
Industry Position: 73% below the Steel median (#292 of 606)
No single metric tells the full story. See the WS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Worthington Steel Inc is a processor of carbon flat-rolled steel, a producer of laser-welded solutions, and a provider of electrical steel laminations. The company has manufacturing facilities across the United States, Canada, China, India, Germany and Mexico. It buys coils of steel from primary steel producers and processes them to precise type, thickness, length, width, shape, and surface quality required by customer specifications. The company's product lines and processing capabilities include; carbon flat-rolled steel processing, electrical steel laminations, and tailor welded products. Geographically, the company generates a majority of its revenue from the United States followed by Canada, Mexico, and other regions.
54GF Score
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