PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) Receivables Turnover: 1.35 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:S08 PT Steel Pipe Industry of Indonesia Tbk FRA:S08
79 GF Score
Price €0.02
GF Value €0.01
! 2 Warning Signs
View Full Analysis

What is PT Steel Pipe Industry of Indonesia Tbk Receivables Turnover?

PT Steel Pipe Industry of Indonesia Tbk FRA:S08 79 Receivables Turnover is 1.35 as of Mar. 2026. GuruFocus rates FRA:S08 with a GF Score™ of 79/100 and a GF Value™ of €0.01. The stock has 2 warning signs investors should review. Among 605 Steel companies, PT Steel Pipe Industry of Indonesia Tbk ranks worse than 51.57% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. PT Steel Pipe Industry of Indonesia Tbk's Revenue for the three months ended in Mar. 2026 was €62.4 Mil. PT Steel Pipe Industry of Indonesia Tbk's average Accounts Receivable for the three months ended in Mar. 2026 was €46.1 Mil. Hence, PT Steel Pipe Industry of Indonesia Tbk's Receivables Turnover for the three months ended in Mar. 2026 was 1.35.


PT Steel Pipe Industry of Indonesia Tbk  (FRA:S08) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


PT Steel Pipe Industry of Indonesia Tbk Receivables Turnover Related Terms


PT Steel Pipe Industry of Indonesia Tbk Receivables Turnover Historical Data

* Premium members only.

The historical data trend for PT Steel Pipe Industry of Indonesia Tbk's Receivables Turnover 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.

PT Steel Pipe Industry of Indonesia Tbk Receivables Turnover Chart

PT Steel Pipe Industry of Indonesia Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.92 5.68 5.56 5.44 5.24

PT Steel Pipe Industry of Indonesia Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover 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 1.23 1.57 1.97 2.01 1.35

FRA:S08 vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, PT Steel Pipe Industry of Indonesia Tbk's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.


PT Steel Pipe Industry of Indonesia Tbk Receivables Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, PT Steel Pipe Industry of Indonesia Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Steel Pipe Industry of Indonesia Tbk's Receivables Turnover falls into.


FRA:S08
79GF Score
PT Steel Pipe Industry of Indonesia Tbk FRA:S08
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Steel Pipe Industry of Indonesia Tbk Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

PT Steel Pipe Industry of Indonesia Tbk's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=303.26 / ((66.807 + 48.926) / 2 )
=303.26 / 57.8665
=5.24

PT Steel Pipe Industry of Indonesia Tbk's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=62.412 / ((48.926 + 43.332) / 2 )
=62.412 / 46.129
=1.35

* 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 Receivables Turnover →
What does a Receivables Turnover of 1.35 mean?
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) has a Receivables Turnover of 1.35 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on PT Steel Pipe Industry of Indonesia Tbk and its competitors. According to the industry distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #312 out of 605 companies in the Steel industry, placing it in the top 51.6%.
Is PT Steel Pipe Industry of Indonesia Tbk's Receivables Turnover too high?
PT Steel Pipe Industry of Indonesia Tbk's current Receivables Turnover is 1.35. The Steel industry median Receivables Turnover is 7.13. PT Steel Pipe Industry of Indonesia Tbk's value of 1.35 is 81.1% below this industry median. Based on the distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #312 out of 605 companies in the Steel industry, which is below the industry midpoint. Overall, PT Steel Pipe Industry of Indonesia Tbk has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does PT Steel Pipe Industry of Indonesia Tbk's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #312 out of 605 companies for Receivables Turnover. This places PT Steel Pipe Industry of Indonesia Tbk in the lower half of its industry. The industry median Receivables Turnover is 7.13. PT Steel Pipe Industry of Indonesia Tbk's value of 1.35 is 81.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Steel company?
The median Receivables Turnover among Steel companies is 7.13, based on 605 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Steel Pipe Industry of Indonesia Tbk's current Receivables Turnover of 1.35 is 81.1% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on PT Steel Pipe Industry of Indonesia Tbk and its competitors. For the Steel industry, the median Receivables Turnover is 7.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Steel Pipe Industry of Indonesia Tbk's current Receivables Turnover is 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Steel Pipe Industry of Indonesia Tbk stock overvalued right now?
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) has a current Receivables Turnover of 1.35. The stock's GF Value™ is €0.01, compared to a current price of €0.02 — trading 50% above its estimated fair value. The current Receivables Turnover is 1.35 and 81.1% below the Steel industry median of 7.13. PT Steel Pipe Industry of Indonesia Tbk's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For PT Steel Pipe Industry of Indonesia Tbk (FRA:S08), the current Receivables Turnover is 1.35 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 PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) Overvalued in 2026?

Based on GuruFocus' analysis, PT Steel Pipe Industry of Indonesia Tbk stock appears to be overvalued. The current stock price of €0.02 is trading 50% above its estimated GF Value™ of €0.01.

Key valuation signals for FRA:S08:

  • Receivables Turnover: 1.35
  • GF Value™: €0.01 vs. price of €0.02 (50% above fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 81.1% below the Steel median (#312 of 605)

No single metric tells the full story. See the FRA:S08 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Steel Pipe Industry of Indonesia Tbk Business Description

Other Exchanges ISSP:Indonesia
Address Jalan Kalibutuh No. 189-191, East Java, Surabaya, IDN, 60173
PT Steel Pipe Industry of Indonesia Tbk is an Indonesian-based company engaged in manufacturing steel pipes. The company's products include black pipes, water pipes, mechanical pipes, furniture pipes, API pipes, steel poles, spiral pipes, as well as industrial and ornamental stainless steel pipes. The segments of the company are Steel Pipe Mill, Spiral Steel Pipe Mill, Strips and Plate, Services, and others. The company's products are used for furniture, water supply systems, general construction, automotive components, oil and gas, mechanical structures, and chemical industries. Geographically, all operations functioned through the regions of Indonesia.
79GF Score

Get the complete analysis for FRA:S08

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

€0.02
Price
€0.01
GF Value