SPPCF (Steppe Cement) Days Payable: 42.51 (As of Dec. 2025) — Near Median


SPPCF Steppe Cement Ltd SPPCF
55 GF Score
Price $0.31
GF Value $0.31
! 6 Warning Signs
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What is Steppe Cement Days Payable?

Steppe Cement SPPCF 55 Days Payable is 42.51 as of Dec. 2025, which is 2% below its 10-year median of 43.48. GuruFocus rates SPPCF with a GF Score™ of 55/100 and a GF Value™ of $0.31. The stock has 6 warning signs investors should review. Among 396 Building Materials companies, Steppe Cement ranks worse than 73.48% on this metric.

Steppe Cement's average Accounts Payable for the six months ended in Dec. 2025 was $9.5 Mil. Steppe Cement's Cost of Goods Sold for the six months ended in Dec. 2025 was $40.9 Mil. Hence, Steppe Cement's Days Payable for the six months ended in Dec. 2025 was 42.51.

The historical rank and industry rank for Steppe Cement's Days Payable or its related term are showing as below:

SPPCF' s Days Payable Range Over the Past 10 Years
Min: 25.91   Med: 43.48   Max: 63.64
Current: 43.45

During the past 13 years, Steppe Cement's highest Days Payable was 63.64. The lowest was 25.91. And the median was 43.48.

SPPCF's Days Payable is ranked worse than
73.48% of 396 companies
in the Building Materials industry
Industry Median: 69.22 vs SPPCF: 43.45

Steppe Cement's Days Payable increased from Dec. 2024 (42.02) to Dec. 2025 (42.51). It may suggest that Steppe Cement delayed paying its suppliers.


Steppe Cement Days Payable Historical Data

* Premium members only.

The historical data trend for Steppe Cement's Days 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 Days Payable Chart

Steppe Cement Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.48 29.50 43.91 48.64 42.68

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
Days 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 61.64 56.31 42.02 43.07 42.51

SPPCF vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, Steppe Cement's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Steppe Cement Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Steppe Cement's Days Payable distribution charts can be found below:

* The bar in red indicates where Steppe Cement's Days Payable falls into.


SPPCF
55GF Score
Steppe Cement Ltd SPPCF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Steppe Cement Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Steppe Cement's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (6.67 + 10.468) / 2 ) / 73.284*365
=8.569 / 73.284*365
=42.68

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

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (8.601 + 10.468) / 2 ) / 40.929*365 / 2
=9.5345 / 40.929*365 / 2
=42.51

* 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 Days Payable →
What does a Days Payable of 42.51 mean?
Steppe Cement (SPPCF) has a Days Payable of 42.51 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Steppe Cement and its competitors. This is near median its historical median of 43.48. Over the past decade, Steppe Cement's Days Payable has ranged from 25.91 to 63.64. According to the industry distribution chart, Steppe Cement ranks #291 out of 396 companies in the Building Materials industry, placing it in the top 73.5%.
Is Steppe Cement's Days Payable too high?
Steppe Cement's current Days Payable of 42.51 is near median its 10-year median of 43.48. Over the past 10 years, this metric has ranged from a low of 25.91 to a high of 63.64. The Building Materials industry median Days Payable is 69.22. Steppe Cement's value of 42.51 is 38.6% below this industry median. Based on the distribution chart, Steppe Cement ranks #291 out of 396 companies in the Building Materials industry, which is below the industry midpoint. Overall, Steppe Cement has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Steppe Cement's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Steppe Cement ranks #291 out of 396 companies for Days Payable. This places Steppe Cement in the lower half of its industry. The industry median Days Payable is 69.22. Steppe Cement's value of 42.51 is 38.6% below this benchmark. Historically, Steppe Cement's own Days Payable has ranged from 25.91 to 63.64 over the past decade. While the company's 10-year median is 43.48 vs. the industry median of 69.22, Steppe Cement has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Building Materials company?
The median Days Payable among Building Materials companies is 69.22, based on 396 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Steppe Cement's current Days Payable of 42.51 is 38.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Steppe Cement and its competitors. For the Building Materials industry, the median Days Payable is 69.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steppe Cement's current Days Payable is 42.51, which is near median its own 10-year median of 43.48. 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 Days Payable of 42.51. The stock's GF Value™ is $0.31, compared to a current price of $0.31 — trading right at its estimated fair value. The current Days Payable is 42.51, which is near median its 10-year median of 43.48 and 38.6% below the Building Materials industry median of 69.22. Steppe Cement's overall GF Score™ is 55/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Steppe Cement (SPPCF), the current Days Payable is 42.51 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 undervalued. The current stock price of $0.31 is trading 0% below its estimated GF Value™ of $0.31.

Key valuation signals for SPPCF:

  • Days Payable: 42.51 (near median its 10-year median of 43.48)
  • GF Value™: $0.31 vs. price of $0.31 (0% below fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 38.6% below the Building Materials median (#291 of 396)

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.
55GF Score

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

$0.31
Price
$0.31
GF Value