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. StepStone Group's Revenue for the
three
months ended in Mar. 2026 was $589 Mil. StepStone Group's average Accounts Receivable for the
three
months ended in Mar. 2026 was $106 Mil.
Hence, StepStone Group's Receivables Turnover for the
three
months ended in Mar. 2026 was 5.53.
StepStone Group (NAS:STEP) 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.
StepStone Group Receivables Turnover Related Terms
StepStone Group Receivables Turnover Historical Data
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The historical data trend for StepStone Group'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.
STEP vs CSQ, GBDC, AB: Receivables Turnover Comparison
For the Asset Management subindustry, StepStone Group'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.
StepStone Group Receivables Turnover vs Asset Management Industry
For the Asset Management industry and Financial Services sector, StepStone Group's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where StepStone Group's Receivables Turnover falls into.
* 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.
StepStone Group (STEP) has a Receivables Turnover of 5.53 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 StepStone Group and its competitors. According to the industry distribution chart, StepStone Group ranks #118 out of 524 companies in the Asset Management industry, placing it in the top 22.5%.
Is StepStone Group's Receivables Turnover too high?
StepStone Group's current Receivables Turnover is 5.53. The Asset Management industry median Receivables Turnover is 7.87. StepStone Group's value of 5.53 is 29.7% below this industry median. Based on the distribution chart, StepStone Group ranks #118 out of 524 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, StepStone Group 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 StepStone Group's Receivables Turnover compare to CSQ and GBDC?
According to the Asset Management industry distribution chart, StepStone Group ranks #118 out of 524 companies for Receivables Turnover. This places StepStone Group in the top 23% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.87. StepStone Group's value of 5.53 is 29.7% 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 an Asset Management company?
The median Receivables Turnover among Asset Management companies is 7.87, based on 524 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. StepStone Group's current Receivables Turnover of 5.53 is 29.7% 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 StepStone Group and its competitors. For the Asset Management industry, the median Receivables Turnover is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. StepStone Group's current Receivables Turnover is 5.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is StepStone Group stock overvalued right now?
Based on GuruFocus' analysis, StepStone Group (STEP) is currently considered Possible Value Trap. The stock's GF Value™ is $90.45, compared to a current price of $41.25 — trading 54.4% below its estimated fair value. The current Receivables Turnover is 5.53 and 29.7% below the Asset Management industry median of 7.87. StepStone Group's overall GF Score™ is 49/100 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 StepStone Group (STEP), the current Receivables Turnover is 5.53 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 StepStone Group (STEP) Overvalued in 2026?
Based on GuruFocus' analysis, StepStone Group stock appears to be undervalued.
The current stock price of $41.25 is trading 54.4% below its estimated GF Value™ of $90.45.
GuruFocus considers StepStone Group to be Possible Value Trap.
Key valuation signals for STEP:
Receivables Turnover: 5.53
GF Value™: $90.45 vs. price of $41.25 (54.4% below fair value)
Industry Position: 29.7% below the Asset Management median (#118 of 524)
No single metric tells the full story. See the STEP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
StepStone Group Inc operates as a fully integrated private markets solution provider. The company provides customized investment solutions and advisory and data services. It provides investment solutions in the areas of private equity, real estate, private debt, and infrastructure and real assets. The company consists of a single operating segment and a single reportable segment for accounting and financial reporting purposes.
49GF Score
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