PPC (JSE:PPC) Accounts Receivable: R647 Mil (As of Mar. 2026)

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JSE:PPC PPC Ltd JSE:PPC
66 GF Score
Price R7.44
GF Value R4.61
Valuation Significantly Overvalued
! 1 Warning Sign
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What is PPC Accounts Receivable?

PPC JSE:PPC -0.53% 66 Accounts Receivable is R647 Mil as of Mar. 2026. GuruFocus rates JSE:PPC with a GF Score™ of 66/100 and a GF Value™ of R4.61 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PPC's accounts receivables for the quarter that ended in Mar. 2026 was R647 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PPC's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 24.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PPC's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was R-1.15.


PPC Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

PPC's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=647/4873*91
=24.23

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), PPC's accounts receivable are only considered to be worth 75% of book value:

PPC's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1089+0.75 * 647+0.5 * 1393-4028
-0--77)/1466.991
=-1.15

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


PPC Accounts Receivable Related Terms


PPC Accounts Receivable Historical Data

* Premium members only.

The historical data trend for PPC's Accounts Receivable 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.

PPC Accounts Receivable Chart

PPC Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 686.00 758.00 693.00 593.00 647.00

PPC Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Accounts Receivable 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 693.00 995.00 593.00 1,286.00 647.00
JSE:PPC
66GF Score
PPC Ltd JSE:PPC
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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PPC Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of R647 Mil mean?
PPC (JSE:PPC) has a Accounts Receivable of R647 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on PPC and its competitors.
Is PPC's Accounts Receivable too high?
PPC's current Accounts Receivable is R647 Mil. Overall, PPC has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PPC's Accounts Receivable compare to CRH and VMC?
PPC's Accounts Receivable of R647 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 Receivable for a Building Materials company?
A good Accounts Receivable depends on the Building Materials industry context. However, Accounts Receivable 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 Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on PPC and its competitors. PPC's current Accounts Receivable is R647 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPC stock overvalued right now?
Based on GuruFocus' analysis, PPC (JSE:PPC) is currently considered Significantly Overvalued. The stock's GF Value™ is R4.61, compared to a current price of R7.44 — trading 61.4% above its estimated fair value. The current Accounts Receivable is R647 Mil. PPC's overall GF Score™ is 66/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For PPC (JSE:PPC), the current Accounts Receivable is R647 Mil 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 PPC (JSE:PPC) Overvalued in 2026?

Based on GuruFocus' analysis, PPC stock appears to be overvalued. The current stock price of R7.44 is trading 61.4% above its estimated GF Value™ of R4.61. GuruFocus considers PPC to be Significantly Overvalued.

Key valuation signals for JSE:PPC:

  • Accounts Receivable: R647 Mil
  • GF Value™: R4.61 vs. price of R7.44 (61.4% above fair value)
  • GF Score™: 66/100 with 1 warning sign

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


PPC Business Description

Other Exchanges PPCLY:USAOZV2:Germany
Address 5 Parks Boulevard, First Floor, Oxford Parks, Dunkeld, Johannesburg, GT, ZAF, 2196
PPC Ltd is a South Africa-based company that supplies cement and other related products in South Africa and several other African countries. Its production facilities span South Africa, Botswana, Zimbabwe, and Rwanda. The operating segments are South Africa and Botswana Cement, Zimbabwe, Rwanda, Aggregates, ash and readymix, and Group services and others. The company generates the majority of its revenue from the South Africa and Botswana domestic markets, where it marketed its cement products under the brand names OPC, SureRoad, IDM Best Build, Castle, and Spar Build-It. It also distributes cement products in Botswana, Zimbabwe, Mozambique, the Democratic Republic of the Congo, Rwanda, and Ethiopia under the brands OPC, Unicem, Botcem, and Surebuild PMC.
66GF Score

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

R7.44
Price
R4.61
GF Value