SPPCF (Steppe Cement) Receivables Turnover: 193.29 (As of Dec. 2025)


SPPCF Steppe Cement Ltd SPPCF
53 GF Score
Price $0.31
GF Value $0.32
! 6 Warning Signs
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What is Steppe Cement Receivables Turnover?

Steppe Cement SPPCF 53 Receivables Turnover is 193.29 as of Dec. 2025. GuruFocus rates SPPCF with a GF Score™ of 53/100 and a GF Value™ of $0.32. The stock has 6 warning signs investors should review. Among 402 Building Materials companies, Steppe Cement ranks better than 99.25% 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. Steppe Cement's Revenue for the six months ended in Dec. 2025 was $60.6 Mil. Steppe Cement's average Accounts Receivable for the six months ended in Dec. 2025 was $0.3 Mil. Hence, Steppe Cement's Receivables Turnover for the six months ended in Dec. 2025 was 193.29.


Steppe Cement  (OTCPK:SPPCF) 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.


Steppe Cement Receivables Turnover Related Terms


Steppe Cement Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Steppe Cement'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.

Steppe Cement Receivables Turnover Chart

Steppe Cement 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 63.40 64.65 63.95 103.95 278.21

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
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 30.21 26.02 45.74 74.52 193.29

SPPCF vs CRH, VMC, MLM: Receivables Turnover Comparison

For the Building Materials subindustry, Steppe Cement'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.


Steppe Cement Receivables Turnover vs Building Materials Industry

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

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


SPPCF
53GF Score
Steppe Cement Ltd SPPCF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Steppe Cement Receivables Turnover Calculation

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

Steppe Cement'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 )
=101.545 / ((0.601 + 0.129) / 2 )
=101.545 / 0.365
=278.21

Steppe Cement'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: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=60.597 / ((0.498 + 0.129) / 2 )
=60.597 / 0.3135
=193.29

* 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 193.29 mean?
Steppe Cement (SPPCF) has a Receivables Turnover of 193.29 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 Steppe Cement and its competitors. According to the industry distribution chart, Steppe Cement ranks #3 out of 402 companies in the Building Materials industry, placing it in the top 0.7%.
Is Steppe Cement's Receivables Turnover too high?
Steppe Cement's current Receivables Turnover is 193.29. The Building Materials industry median Receivables Turnover is 6.36. Steppe Cement's value of 193.29 is 2941.5% above this industry median. Based on the distribution chart, Steppe Cement ranks #3 out of 402 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Steppe Cement has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Steppe Cement's Receivables Turnover compare to CRH and VMC?
According to the Building Materials industry distribution chart, Steppe Cement ranks #3 out of 402 companies for Receivables Turnover. This places Steppe Cement in the top 1% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.36. Steppe Cement's value of 193.29 is 2941.5% above 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 Building Materials company?
The median Receivables Turnover among Building Materials companies is 6.36, based on 402 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. Steppe Cement's current Receivables Turnover of 193.29 is 2941.5% above 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 Steppe Cement and its competitors. For the Building Materials industry, the median Receivables Turnover is 6.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steppe Cement's current Receivables Turnover is 193.29. 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 Receivables Turnover of 193.29. The stock's GF Value™ is $0.32, compared to a current price of $0.31 — trading 3.1% below its estimated fair value. The current Receivables Turnover is 193.29 and 2941.5% above the Building Materials industry median of 6.36. Steppe Cement's overall GF Score™ is 53/100 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 Steppe Cement (SPPCF), the current Receivables Turnover is 193.29 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 3.1% below its estimated GF Value™ of $0.32.

Key valuation signals for SPPCF:

  • Receivables Turnover: 193.29
  • GF Value™: $0.32 vs. price of $0.31 (3.1% below fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 2941.5% above the Building Materials median (#3 of 402)

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.
53GF Score

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$0.31
Price
$0.32
GF Value