SHRG (Sharing Services Global) Accounts Payable: $1.23 Mil (As of Sep. 2024)


SHRG Sharing Services Global Corp SHRG
12 GF Score
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What is Sharing Services Global Accounts Payable?

Sharing Services Global SHRG 12 Accounts Payable is $1.23 Mil as of Sep. 2024. GuruFocus rates SHRG with a GF Score™ of 12/100.

Sharing Services Global's Accounts Payable for the quarter that ended in Sep. 2024 was $1.23 Mil.

Sharing Services Global's quarterly Accounts Payable declined from Mar. 2024 ($1.30 Mil) to Jun. 2024 ($1.12 Mil) but then increased from Jun. 2024 ($1.12 Mil) to Sep. 2024 ($1.23 Mil).

Sharing Services Global's annual Accounts Payable increased from Mar. 2022 ($0.99 Mil) to Mar. 2023 ($1.03 Mil) and increased from Mar. 2023 ($1.03 Mil) to Mar. 2024 ($1.30 Mil).


Sharing Services Global Accounts Payable Related Terms


Sharing Services Global Accounts Payable Historical Data

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The historical data trend for Sharing Services Global's Accounts Payable 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.

Sharing Services Global Accounts Payable Chart

Sharing Services Global Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Mar21 Mar22 Mar23 Mar24
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 1.30 0.99 1.03 1.30

Sharing Services Global Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Payable 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 1.06 1.09 1.30 1.12 1.23
SHRG
12GF Score
Sharing Services Global Corp SHRG
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sharing Services Global Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $1.23 Mil mean?
Sharing Services Global (SHRG) has a Accounts Payable of $1.23 Mil as of Sep. 2024. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Sharing Services Global and its competitors.
Is Sharing Services Global's Accounts Payable too high?
Sharing Services Global's current Accounts Payable is $1.23 Mil. Overall, Sharing Services Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sharing Services Global's Accounts Payable compare to AVRW and JBS?
Sharing Services Global's Accounts Payable of $1.23 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Consumer Packaged Goods company?
A good Accounts Payable depends on the Consumer Packaged Goods industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Sharing Services Global and its competitors. Sharing Services Global's current Accounts Payable is $1.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharing Services Global stock overvalued right now?
Sharing Services Global (SHRG) has a current Accounts Payable of $1.23 Mil. The current Accounts Payable is $1.23 Mil. Sharing Services Global's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Sharing Services Global (SHRG), the current Accounts Payable is $1.23 Mil as of Sep. 2024. 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.

Sharing Services Global Business Description

Address 5200 Tennyson Parkway, Suite 400, Plano, TX, USA, 75024
Sharing Services Global Corp is a diversified holding company specializing in the direct selling industry. The company owns, operates, or controls an interest in various companies that sell products and services to the consumer directly through independent representatives ranging from health and wellness, energy, technology, insurance services, training, media, and travel benefits. Its operating segment includes Sale of health and wellness products and the sale of member-based travel services through an independent sales force. The company derives the maximum revenue from the Health and wellness products segment. Geographically, it generates a majority of its revenue from the United States.
12GF Score

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

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