Sao Martinho (BSP:SMTO3) Change In Receivables: R$55 Mil (TTM As of Mar. 2026)

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BSP:SMTO3 Sao Martinho SA BSP:SMTO3
78 GF Score
Price R$15.71
GF Value R$25.49
Valuation Possible Value Trap
! 8 Warning Signs
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What is Sao Martinho Change In Receivables?

Sao Martinho BSP:SMTO3 -2.12% 78 Change In Receivables is R$55 Mil as of Mar. 2026. GuruFocus rates BSP:SMTO3 with a GF Score™ of 78/100 and a GF Value™ of R$25.49 (Possible Value Trap). The stock has 8 warning signs investors should review.

Sao Martinho's change in receivables for the quarter that ended in Mar. 2026 was R$120 Mil. It means Sao Martinho's Accounts Receivable declined by R$120 Mil from Dec. 2025 to Mar. 2026 .

Sao Martinho's change in receivables for the fiscal year that ended in Mar. 2026 was R$55 Mil. It means Sao Martinho's Accounts Receivable declined by R$55 Mil from Mar. 2025 to Mar. 2026 .

Sao Martinho's Accounts Receivable for the quarter that ended in Mar. 2026 was R$367 Mil.

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 Receivable are being managed. Sao Martinho's Days Sales Outstanding for the three months ended in Mar. 2026 was 14.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sao Martinho's liquidation value for the three months ended in Mar. 2026 was R$-10,680 Mil.


Sao Martinho  (BSP:SMTO3) Change In Receivables 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 Receivable are being managed.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=366.65/2243.658*91
=14.91

2. In Ben Graham's calculation of liquidation value, Sao Martinho's accounts receivable are only considered to be worth 75% of book value:

Sao Martinho's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4202.901-16053.975+0.75 * 366.65+0.5 * 1791.496
=-10,680

* 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.


Sao Martinho Change In Receivables Related Terms


Sao Martinho Change In Receivables Historical Data

* Premium members only.

The historical data trend for Sao Martinho's Change In Receivables 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.

Sao Martinho Change In Receivables Chart

Sao Martinho Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -274.97 -326.80 -574.59 -164.45 54.94

Sao Martinho Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Receivables 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 194.02 -126.63 66.49 -5.14 120.22
BSP:SMTO3
78GF Score
Sao Martinho SA BSP:SMTO3
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Sao Martinho Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$55 Mil.

* 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 Change In Receivables →
What does a Change In Receivables of R$55 Mil mean?
Sao Martinho (BSP:SMTO3) has a Change In Receivables of R$55 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Sao Martinho and its competitors.
Is Sao Martinho's Change In Receivables too high?
Sao Martinho's current Change In Receivables is R$55 Mil. Overall, Sao Martinho has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sao Martinho's Change In Receivables compare to LIN and SHW?
Sao Martinho's Change In Receivables of R$55 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Chemicals company?
A good Change In Receivables depends on the Chemicals industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Sao Martinho and its competitors. Sao Martinho's current Change In Receivables is R$55 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sao Martinho stock overvalued right now?
Based on GuruFocus' analysis, Sao Martinho (BSP:SMTO3) is currently considered Possible Value Trap. The stock's GF Value™ is R$25.49, compared to a current price of R$15.71 — trading 38.4% below its estimated fair value. The current Change In Receivables is R$55 Mil. Sao Martinho's overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Sao Martinho (BSP:SMTO3), the current Change In Receivables is R$55 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 Sao Martinho (BSP:SMTO3) Overvalued in 2026?

Based on GuruFocus' analysis, Sao Martinho stock appears to be undervalued. The current stock price of R$15.71 is trading 38.4% below its estimated GF Value™ of R$25.49. GuruFocus considers Sao Martinho to be Possible Value Trap.

Key valuation signals for BSP:SMTO3:

  • Change In Receivables: R$55 Mil
  • GF Value™: R$25.49 vs. price of R$15.71 (38.4% below fair value)
  • GF Score™: 78/100 with 8 warning signs

No single metric tells the full story. See the BSP:SMTO3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sao Martinho Business Description

Address Fazenda Sao Martinho, Pradopolis, SP, BRA, CEP 14850-000
Sao Martinho SA operates the following segments: sugar, ethanol, electricity, real estate ventures, Yeast, and other products. Sales of sugar and ethanol, both of which the company produces with sugar cane, comprise the vast majority of the company's revenue. Sao Martinho produces sugar and ethanol in its four Brazilian mills. The company derives its sugar cane mostly from its own plantations, agricultural partnerships, shareholders, and related companies. Sao Martinho exports most of its sugar, and it sells most of its ethanol domestically.
78GF Score

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

R$15.71
Price
R$25.49
GF Value