SPPCF (Steppe Cement) Accounts Receivable: $0.1 Mil (As of Dec. 2025)

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SPPCF Steppe Cement Ltd SPPCF
54 GF Score
Price $0.31
GF Value $0.28
! 8 Warning Signs
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What is Steppe Cement Accounts Receivable?

Steppe Cement SPPCF 54 Accounts Receivable is $0.1 Mil as of Dec. 2025. GuruFocus rates SPPCF with a GF Score™ of 54/100 and a GF Value™ of $0.28. The stock has 8 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Steppe Cement's accounts receivables for the quarter that ended in Dec. 2025 was $0.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Steppe Cement's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 0.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Steppe Cement's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was $-0.01.

Steppe Cement 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.

Steppe Cement's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.129/60.597*91
=0.39

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

Steppe Cement's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 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)
=(11.433+0.75 * 0.129+0.5 * 19.046-23.407
-0-0)/219.000
=-0.01

* 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.

Steppe Cement Accounts Receivable Related Terms

Steppe Cement Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Steppe Cement'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.

Steppe Cement Accounts Receivable Chart

Steppe Cement Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.52 1.03 0.60 0.13

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 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 1.03 1.61 0.60 0.50 0.13
SPPCF
54GF Score
Steppe Cement Ltd SPPCF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Steppe Cement 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 $0.1 Mil mean?
Steppe Cement (SPPCF) has a Accounts Receivable of $0.1 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Steppe Cement and its competitors.
Is Steppe Cement's Accounts Receivable too high?
Steppe Cement's current Accounts Receivable is $0.1 Mil. Overall, Steppe Cement has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Steppe Cement's Accounts Receivable compare to CRH and VMC?
Steppe Cement's Accounts Receivable of $0.1 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 Steppe Cement and its competitors. Steppe Cement's current Accounts Receivable is $0.1 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?
Steppe Cement (SPPCF) has a current Accounts Receivable of $0.1 Mil. The stock's GF Value™ is $0.28, compared to a current price of $0.31 — trading 10.7% above its estimated fair value. The current Accounts Receivable is $0.1 Mil. Steppe Cement's overall GF Score™ is 54/100 with 8 warning signs 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 Steppe Cement (SPPCF), the current Accounts Receivable is $0.1 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 (SPPCF) Overvalued in 2026?

Based on GuruFocus' analysis, Steppe Cement stock appears to be overvalued. The current stock price of $0.31 is trading 10.7% above its estimated GF Value™ of $0.28.

Key valuation signals for SPPCF:

  • Accounts Receivable: $0.1 Mil
  • GF Value™: $0.28 vs. price of $0.31 (10.7% above fair value)
  • GF Score™: 54/100 with 8 warning signs

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

Steppe Cement Business Description

Other Exchanges STCM:UKST9:Germany
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.
54GF Score

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

$0.31
Price
$0.28
GF Value