SPAEF (Space Co) Receivables Turnover: 1.25 (As of Dec. 2025)


SPAEF Space Co Ltd SPAEF
64 GF Score
Price $9.28
GF Value $9.54
Valuation Fairly Valued
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What is Space Co Receivables Turnover?

Space Co SPAEF -0.22% 64 Receivables Turnover is 1.25 as of Dec. 2025. GuruFocus rates SPAEF with a GF Score™ of 64/100 and a GF Value™ of $9.54 (Fairly Valued). Among 1,764 Construction companies, Space Co ranks worse than 53.51% 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. Space Co's Revenue for the three months ended in Dec. 2025 was $131.2 Mil. Space Co's average Accounts Receivable for the three months ended in Dec. 2025 was $105.1 Mil. Hence, Space Co's Receivables Turnover for the three months ended in Dec. 2025 was 1.25.


Space Co  (OTCPK:SPAEF) 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.


Space Co Receivables Turnover Related Terms


Space Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Space Co'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.

Space Co Receivables Turnover Chart

Space Co 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 7.47 5.99 5.13 5.11 4.84

Space Co 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 1.12 1.02 1.17 1.25 1.08

SPAEF vs PWR, FIX, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, Space Co'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.


Space Co Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Space Co's Receivables Turnover distribution charts can be found below:

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


SPAEF
64GF Score
Space Co Ltd SPAEF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Space Co Receivables Turnover Calculation

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

Space Co'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 )
=458.657 / ((87.906 + 101.705) / 2 )
=458.657 / 94.8055
=4.84

Space Co's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=131.155 / ((108.568 + 101.705) / 2 )
=131.155 / 105.1365
=1.25

* 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 1.25 mean?
Space Co (SPAEF) has a Receivables Turnover of 1.25 as of Dec. 2025. 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 Space Co and its competitors. According to the industry distribution chart, Space Co ranks #944 out of 1764 companies in the Construction industry, placing it in the top 53.5%.
Is Space Co's Receivables Turnover too high?
Space Co's current Receivables Turnover is 1.25. The Construction industry median Receivables Turnover is 4.73. Space Co's value of 1.25 is 73.6% below this industry median. Based on the distribution chart, Space Co ranks #944 out of 1764 companies in the Construction industry, which is below the industry midpoint. Overall, Space Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Space Co's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Space Co ranks #944 out of 1764 companies for Receivables Turnover. This places Space Co in the lower half of its industry. The industry median Receivables Turnover is 4.73. Space Co's value of 1.25 is 73.6% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.73, based on 1,764 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. Space Co's current Receivables Turnover of 1.25 is 73.6% 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 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 Space Co and its competitors. For the Construction industry, the median Receivables Turnover is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Co's current Receivables Turnover is 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Co stock overvalued right now?
Based on GuruFocus' analysis, Space Co (SPAEF) is currently considered Fairly Valued. The stock's GF Value™ is $9.54, compared to a current price of $9.28 — trading 2.7% below its estimated fair value. The current Receivables Turnover is 1.25 and 73.6% below the Construction industry median of 4.73. Space Co's overall GF Score™ is 64/100. 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 Space Co (SPAEF), the current Receivables Turnover is 1.25 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 Space Co (SPAEF) Overvalued in 2026?

Based on GuruFocus' analysis, Space Co stock appears to be undervalued. The current stock price of $9.28 is trading 2.7% below its estimated GF Value™ of $9.54. GuruFocus considers Space Co to be Fairly Valued.

Key valuation signals for SPAEF:

  • Receivables Turnover: 1.25
  • GF Value™: $9.54 vs. price of $9.28 (2.7% below fair value)
  • GF Score™: 64/100
  • Industry Position: 73.6% below the Construction median (#944 of 1764)

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


Space Co Business Description

Other Exchanges 9622:Japan
Address 3-9-4 Nihonbashi, Ningyo-cho, Tokyo, JPN, 103-0013
Space Co Ltd is engaged in the planning and design, supervision and construction of commercial facilities, including shopping centres, department stores, speciality stores, restaurants, and cafes. In addition, the company is also involved in the planning, design, production, sales and import and export of display equipment and fixtures, indoor and outdoor decorative items.
64GF Score

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

$9.28
Price
$9.54
GF Value