Sappi (FRA:SPI) Receivables Turnover: 2.13 (As of Mar. 2026)

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FRA:SPI Sappi Ltd FRA:SPI
49 GF Score
Price €0.56
GF Value €1.52
Valuation Possible Value Trap
! 6 Warning Signs
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What is Sappi Receivables Turnover?

Sappi FRA:SPI +5.66% 49 Receivables Turnover is 2.13 as of Mar. 2026. GuruFocus rates FRA:SPI with a GF Score™ of 49/100 and a GF Value™ of €1.52 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 281 Forest Products companies, Sappi ranks better than 63.35% 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. Sappi's Revenue for the three months ended in Mar. 2026 was €1,154 Mil. Sappi's average Accounts Receivable for the three months ended in Mar. 2026 was €543 Mil. Hence, Sappi's Receivables Turnover for the three months ended in Mar. 2026 was 2.13.


Sappi  (FRA:SPI) 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.


Sappi Receivables Turnover Related Terms


Sappi Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Sappi'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.

Sappi Receivables Turnover Chart

Sappi Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.31 11.52 8.52 9.53 8.97

Sappi 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 2.14 1.89 2.21 2.24 2.13

FRA:SPI vs SLVM: Receivables Turnover Comparison

For the Paper & Paper Products subindustry, Sappi'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.


Sappi Receivables Turnover vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sappi's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sappi's Receivables Turnover falls into.


FRA:SPI
49GF Score
Sappi Ltd FRA:SPI
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Sappi Receivables Turnover Calculation

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

Sappi's Receivables Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Receivables Turnover (A: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2025 ) / ((Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Sep. 2025 )) / count )
=4617.84 / ((554.115 + 475.416) / 2 )
=4617.84 / 514.7655
=8.97

Sappi'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 )
=1153.91 / ((507.276 + 578.685) / 2 )
=1153.91 / 542.9805
=2.13

* 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 2.13 mean?
Sappi (FRA:SPI) has a Receivables Turnover of 2.13 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 Sappi and its competitors. According to the industry distribution chart, Sappi ranks #103 out of 281 companies in the Forest Products industry, placing it in the top 36.7%.
Is Sappi's Receivables Turnover too high?
Sappi's current Receivables Turnover is 2.13. The Forest Products industry median Receivables Turnover is 6.69. Sappi's value of 2.13 is 68.2% below this industry median. Based on the distribution chart, Sappi ranks #103 out of 281 companies in the Forest Products industry, which is above the industry midpoint. Overall, Sappi has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sappi's Receivables Turnover compare to SLVM?
According to the Forest Products industry distribution chart, Sappi ranks #103 out of 281 companies for Receivables Turnover. This puts Sappi in the upper half of its industry. The industry median Receivables Turnover is 6.69. Sappi's value of 2.13 is 68.2% 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 Forest Products company?
The median Receivables Turnover among Forest Products companies is 6.69, based on 281 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. Sappi's current Receivables Turnover of 2.13 is 68.2% 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 Sappi and its competitors. For the Forest Products industry, the median Receivables Turnover is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sappi's current Receivables Turnover is 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sappi stock overvalued right now?
Based on GuruFocus' analysis, Sappi (FRA:SPI) is currently considered Possible Value Trap. The stock's GF Value™ is €1.52, compared to a current price of €0.56 — trading 63.2% below its estimated fair value. The current Receivables Turnover is 2.13 and 68.2% below the Forest Products industry median of 6.69. Sappi's overall GF Score™ is 49/100 with 6 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 Sappi (FRA:SPI), the current Receivables Turnover is 2.13 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 Sappi (FRA:SPI) Overvalued in 2026?

Based on GuruFocus' analysis, Sappi stock appears to be undervalued. The current stock price of €0.56 is trading 63.2% below its estimated GF Value™ of €1.52. GuruFocus considers Sappi to be Possible Value Trap.

Key valuation signals for FRA:SPI:

  • Receivables Turnover: 2.13
  • GF Value™: €1.52 vs. price of €0.56 (63.2% below fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 68.2% below the Forest Products median (#103 of 281)

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


Sappi Business Description

Address 108 Oxford Road, Ground Floor, Houghton Estate, Rosebank, Oxford Room, Johannesburg, GT, ZAF, 2198
Sappi Ltd is engaged in the manufacturing of sustainable woodfibre-based products including specialty and packaging papers, graphic papers, release papers, pulp, and biomaterials like lignin and furfural from renewable resources. The products and services include Dissolving pulp, Graphic papers, Packaging and specialty papers, Casting and release papers, Biomaterials and Bio-energy. The company's geographical segments include Europe, North America and South Africa. The majority of revenue is generated from South Africa.
49GF Score

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

€0.56
Price
€1.52
GF Value