Steppe Cement (STU:ST9) Accounts Payable: €8.94 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:ST9 Steppe Cement Ltd STU:ST9
60 GF Score
Price €0.24
GF Value €0.20
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Steppe Cement Accounts Payable?

Steppe Cement STU:ST9 +7.27% 60 Accounts Payable is €8.94 Mil as of Dec. 2025. GuruFocus rates STU:ST9 with a GF Score™ of 60/100 and a GF Value™ of €0.20 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Steppe Cement's Accounts Payable for the quarter that ended in Dec. 2025 was €8.94 Mil.

Steppe Cement's quarterly Accounts Payable increased from Dec. 2024 (€6.37 Mil) to Jun. 2025 (€7.46 Mil) and increased from Jun. 2025 (€7.46 Mil) to Dec. 2025 (€8.94 Mil).

Steppe Cement's annual Accounts Payable declined from Dec. 2023 (€8.93 Mil) to Dec. 2024 (€6.37 Mil) but then increased from Dec. 2024 (€6.37 Mil) to Dec. 2025 (€8.94 Mil).

Steppe Cement Accounts Payable Related Terms

Steppe Cement Accounts Payable Historical Data

* Premium members only.

The historical data trend for Steppe Cement's Accounts Payable 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.

Steppe Cement Accounts Payable Chart

Steppe Cement Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.46 3.80 8.93 6.37 8.94

Steppe Cement Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Accounts Payable 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 8.93 7.67 6.37 7.46 8.94
STU:ST9
60GF Score
Steppe Cement Ltd STU:ST9
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steppe Cement Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of €8.94 Mil mean?
Steppe Cement (STU:ST9) has a Accounts Payable of €8.94 Mil as of Dec. 2025. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Steppe Cement and its competitors.
Is Steppe Cement's Accounts Payable too high?
Steppe Cement's current Accounts Payable is €8.94 Mil. Overall, Steppe Cement has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steppe Cement's Accounts Payable compare to CRH and VMC?
Steppe Cement's Accounts Payable of €8.94 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Building Materials company?
A good Accounts Payable depends on the Building Materials industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Steppe Cement and its competitors. Steppe Cement's current Accounts Payable is €8.94 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steppe Cement stock overvalued right now?
Based on GuruFocus' analysis, Steppe Cement (STU:ST9) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.20, compared to a current price of €0.24 — trading 18% above its estimated fair value. The current Accounts Payable is €8.94 Mil. Steppe Cement's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Steppe Cement (STU:ST9), the current Accounts Payable is €8.94 Mil as of Dec. 2025. 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 Steppe Cement (STU:ST9) Overvalued in 2026?

Based on GuruFocus' analysis, Steppe Cement stock appears to be overvalued. The current stock price of €0.24 is trading 18% above its estimated GF Value™ of €0.20. GuruFocus considers Steppe Cement to be Modestly Overvalued.

Key valuation signals for STU:ST9:

  • Accounts Payable: €8.94 Mil
  • GF Value™: €0.20 vs. price of €0.24 (18% above fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the STU:ST9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Steppe Cement Business Description

Other Exchanges STCM:UK
Address No. 8, Jalan Perak, West Wing, Suite 10.1, 10th Floor, Rohas Perkasa, Kuala Lumpur, MYS, 50450
Steppe Cement Ltd is an investment holding company based in Malaysia. Its primary business is the production and sale of cement, which is in the Karaganda region, the Republic of Kazakhstan. The company derives revenue from the sale of manufactured goods and the transmission and distribution of electricity.
60GF Score

Get the complete analysis for STU:ST9

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

€0.24
Price
€0.20
GF Value