Steel Dynamics (MEX:STLD) Change In Receivables: MXN-4,113 Mil (TTM As of Mar. 2026)

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MEX:STLD Steel Dynamics Inc MEX:STLD
75 GF Score
Price MXN4,107.96
GF Value MXN2,834.69
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Steel Dynamics Change In Receivables?

Steel Dynamics MEX:STLD 75 Change In Receivables is MXN-4,113 Mil as of Mar. 2026. GuruFocus rates MEX:STLD with a GF Score™ of 75/100 and a GF Value™ of MXN2,834.69 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Steel Dynamics's change in receivables for the quarter that ended in Mar. 2026 was MXN-6,740 Mil. It means Steel Dynamics's Accounts Receivable increased by MXN6,740 Mil from Dec. 2025 to Mar. 2026 .

Steel Dynamics's change in receivables for the fiscal year that ended in Dec. 2025 was MXN-2,835 Mil. It means Steel Dynamics's Accounts Receivable increased by MXN2,835 Mil from Dec. 2024 to Dec. 2025 .

Steel Dynamics's Accounts Receivable for the quarter that ended in Mar. 2026 was MXN37,083 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. Steel Dynamics's Days Sales Outstanding for the three months ended in Mar. 2026 was 36.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Steel Dynamics's liquidation value for the three months ended in Mar. 2026 was MXN-63,726 Mil.


Steel Dynamics  (MEX:STLD) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=37083.057/93857.643*91
=36.05

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

Steel Dynamics'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)
=10035.684-136810.795+0.75 * 37083.057+0.5 * 70473.956
=-63,726

* 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.


Steel Dynamics Change In Receivables Related Terms


Steel Dynamics Change In Receivables Historical Data

* Premium members only.

The historical data trend for Steel Dynamics'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.

Steel Dynamics Change In Receivables Chart

Steel Dynamics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19,375.80 -2,155.48 7,583.50 3,985.69 -2,835.11

Steel Dynamics 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 -6,211.15 373.29 -1,118.72 3,372.58 -6,740.15
MEX:STLD
75GF Score
Steel Dynamics Inc MEX:STLD
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Steel Dynamics 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 MXN-4,113 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 MXN-4,113 Mil mean?
Steel Dynamics (MEX:STLD) has a Change In Receivables of MXN-4,113 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Steel Dynamics and its competitors.
Is Steel Dynamics' Change In Receivables too high?
Steel Dynamics' current Change In Receivables is MXN-4,113 Mil. Overall, Steel Dynamics has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steel Dynamics' Change In Receivables compare to RS and NUE?
Steel Dynamics' Change In Receivables of MXN-4,113 Mil can be compared against companies in the Steel 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 Steel company?
A good Change In Receivables depends on the Steel 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 Steel Dynamics and its competitors. Steel Dynamics's current Change In Receivables is MXN-4,113 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Dynamics stock overvalued right now?
Based on GuruFocus' analysis, Steel Dynamics (MEX:STLD) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,834.69, compared to a current price of MXN4,107.96 — trading 44.9% above its estimated fair value. The current Change In Receivables is MXN-4,113 Mil. Steel Dynamics' overall GF Score™ is 75/100 with 4 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 Steel Dynamics (MEX:STLD), the current Change In Receivables is MXN-4,113 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 Steel Dynamics (MEX:STLD) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Dynamics stock appears to be overvalued. The current stock price of MXN4,107.96 is trading 44.9% above its estimated GF Value™ of MXN2,834.69. GuruFocus considers Steel Dynamics to be Significantly Overvalued.

Key valuation signals for MEX:STLD:

  • Change In Receivables: MXN-4,113 Mil
  • GF Value™: MXN2,834.69 vs. price of MXN4,107.96 (44.9% above fair value)
  • GF Score™: 75/100 with 4 warning signs

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


Steel Dynamics Business Description

Address 7575 West Jefferson Boulevard, Fort Wayne, IN, USA, 46804
Steel Dynamics Inc operates as a domestic steel producer and metal recycler in the United States. The company's product portfolio comprises hot rolled sheet, hot rolled plate, painted sheet products, cold rolled sheet, and others. Its reportable segments are steel operations, metals recycling operations, steel fabrication operations, and aluminum operations. Maximum revenue is generated from its steel operations segment, which consists of manufacturing various steel products and numerous coating operations. Its primary sources of revenue are currently from the manufacture and sale of steel products, the processing and sale of recycled ferrous and nonferrous metals, and the fabrication and sale of steel joists and deck products.
75GF Score

Get the complete analysis for MEX:STLD

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

MXN4,107.96
Price
MXN2,834.69
GF Value