SPIE (SPIIY) Receivables Turnover: 1.99 (As of Dec. 2025)


SPIIY SPIE SA SPIIY
66 GF Score
Price $15.48
GF Value $12.39
Valuation Modestly Overvalued
! 3 Warning Signs
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What is SPIE Receivables Turnover?

SPIE SPIIY +16.68% 66 Receivables Turnover is 1.99 as of Dec. 2025. GuruFocus rates SPIIY with a GF Score™ of 66/100 and a GF Value™ of $12.39 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,758 Construction companies, SPIE ranks worse than 76.05% 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. SPIE's Revenue for the three months ended in Dec. 2025 was $3,353 Mil. SPIE's average Accounts Receivable for the three months ended in Dec. 2025 was $1,685 Mil. Hence, SPIE's Receivables Turnover for the three months ended in Dec. 2025 was 1.99.


SPIE  (OTCPK:SPIIY) 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.


SPIE Receivables Turnover Related Terms


SPIE Receivables Turnover Historical Data

* Premium members only.

The historical data trend for SPIE'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.

SPIE Receivables Turnover Chart

SPIE 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 7.41 7.87 7.69 5.66 6.05

SPIE Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
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 1.02 1.27 0.00 1.04 1.99

SPIIY vs PWR, FIX, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, SPIE'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.


SPIE Receivables Turnover vs Construction Industry

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

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


SPIIY
66GF Score
SPIE SA SPIIY
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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SPIE Receivables Turnover Calculation

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

SPIE'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 )
=12174.473 / ((2341.99 + 1685.363) / 2 )
=12174.473 / 2013.6765
=6.05

SPIE'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 )
=3352.549 / ((0 + 1685.363) / 1 )
=3352.549 / 1685.363
=1.99

* 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 1.99 mean?
SPIE (SPIIY) has a Receivables Turnover of 1.99 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 SPIE and its competitors. According to the industry distribution chart, SPIE ranks #1337 out of 1758 companies in the Construction industry, placing it in the top 76.1%.
Is SPIE's Receivables Turnover too high?
SPIE's current Receivables Turnover is 1.99. The Construction industry median Receivables Turnover is 4.75. SPIE's value of 1.99 is 58.1% below this industry median. Based on the distribution chart, SPIE ranks #1337 out of 1758 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, SPIE has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPIE's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, SPIE ranks #1337 out of 1758 companies for Receivables Turnover. This places SPIE in the lower half of its industry. The industry median Receivables Turnover is 4.75. SPIE's value of 1.99 is 58.1% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.75, based on 1,758 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. SPIE's current Receivables Turnover of 1.99 is 58.1% 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 SPIE and its competitors. For the Construction industry, the median Receivables Turnover is 4.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPIE's current Receivables Turnover is 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPIE stock overvalued right now?
Based on GuruFocus' analysis, SPIE (SPIIY) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.39, compared to a current price of $15.48 — trading 24.9% above its estimated fair value. The current Receivables Turnover is 1.99 and 58.1% below the Construction industry median of 4.75. SPIE's overall GF Score™ is 66/100 with 3 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 SPIE (SPIIY), the current Receivables Turnover is 1.99 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 SPIE (SPIIY) Overvalued in 2026?

Based on GuruFocus' analysis, SPIE stock appears to be overvalued. The current stock price of $15.48 is trading 24.9% above its estimated GF Value™ of $12.39. GuruFocus considers SPIE to be Modestly Overvalued.

Key valuation signals for SPIIY:

  • Receivables Turnover: 1.99
  • GF Value™: $12.39 vs. price of $15.48 (24.9% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 58.1% below the Construction median (#1337 of 1758)

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


SPIE Business Description

Address 10, Avenue de l’Entreprise, Cergy-Pontoise, FRA, 95863
SPIE SA is a European provider of multi-technical services in electrical, mechanical, and HVAC engineering and communication systems as well as specialized energy-related services. It helps its customers design, build, operate and maintain facilities that are energy-efficient and environmentally friendly. The group structures its activities around operating segments: France, North-Western Europe, Germany, Central Europe, and Global Services Energy. The majority of its revenue is derived from the Germany segment. It has a geographic presence in Europe, Africa, North, America, Asia-Pacific and Middle East.
66GF Score

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

$15.48
Price
$12.39
GF Value