SPWH (Sportsman's Warehouse Holdings) Accounts Receivable: $2 Mil (As of Apr. 2026)

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SPWH Sportsman's Warehouse Holdings Inc SPWH
47 GF Score
Price $1.12
GF Value $2.64
Valuation Possible Value Trap
! 7 Warning Signs
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What is Sportsman's Warehouse Holdings Accounts Receivable?

Sportsman's Warehouse Holdings SPWH -1.75% 47 Accounts Receivable is $2 Mil as of Apr. 2026. GuruFocus rates SPWH with a GF Score™ of 47/100 and a GF Value™ of $2.64 (Possible Value Trap). The stock has 7 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sportsman's Warehouse Holdings's accounts receivables for the quarter that ended in Apr. 2026 was $2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sportsman's Warehouse Holdings's Days Sales Outstanding for the quarter that ended in Apr. 2026 was 0.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sportsman's Warehouse Holdings's Net-Net Working Capital per share for the quarter that ended in Apr. 2026 was $-12.16.


Sportsman's Warehouse Holdings Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Sportsman's Warehouse Holdings's Days Sales Outstanding for the quarter that ended in Apr. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.644/256.078*91
=0.59

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Sportsman's Warehouse Holdings's accounts receivable are only considered to be worth 75% of book value:

Sportsman's Warehouse Holdings's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.054+0.75 * 1.644+0.5 * 387.149-670.799
-0-0)/38.968
=-12.16

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Sportsman's Warehouse Holdings Accounts Receivable Related Terms


Sportsman's Warehouse Holdings Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Sportsman's Warehouse Holdings's Accounts Receivable 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.

Sportsman's Warehouse Holdings Accounts Receivable Chart

Sportsman's Warehouse Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 2.05 2.12 2.41 4.39

Sportsman's Warehouse Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Accounts Receivable 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 2.93 2.67 5.06 4.39 1.64
SPWH
47GF Score
Sportsman's Warehouse Holdings Inc SPWH
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sportsman's Warehouse Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $2 Mil mean?
Sportsman's Warehouse Holdings (SPWH) has a Accounts Receivable of $2 Mil as of Apr. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Sportsman's Warehouse Holdings and its competitors.
Is Sportsman's Warehouse Holdings' Accounts Receivable too high?
Sportsman's Warehouse Holdings' current Accounts Receivable is $2 Mil. Overall, Sportsman's Warehouse Holdings has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sportsman's Warehouse Holdings' Accounts Receivable compare to ABLV and NPT?
Sportsman's Warehouse Holdings' Accounts Receivable of $2 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Retail - Cyclical company?
A good Accounts Receivable depends on the Retail - Cyclical industry context. However, Accounts Receivable 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 Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Sportsman's Warehouse Holdings and its competitors. Sportsman's Warehouse Holdings's current Accounts Receivable is $2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sportsman's Warehouse Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sportsman's Warehouse Holdings (SPWH) is currently considered Possible Value Trap. The stock's GF Value™ is $2.64, compared to a current price of $1.12 — trading 57.6% below its estimated fair value. The current Accounts Receivable is $2 Mil. Sportsman's Warehouse Holdings' overall GF Score™ is 47/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Sportsman's Warehouse Holdings (SPWH), the current Accounts Receivable is $2 Mil as of Apr. 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 Sportsman's Warehouse Holdings (SPWH) Overvalued in 2026?

Based on GuruFocus' analysis, Sportsman's Warehouse Holdings stock appears to be undervalued. The current stock price of $1.12 is trading 57.6% below its estimated GF Value™ of $2.64. GuruFocus considers Sportsman's Warehouse Holdings to be Possible Value Trap.

Key valuation signals for SPWH:

  • Accounts Receivable: $2 Mil
  • GF Value™: $2.64 vs. price of $1.12 (57.6% below fair value)
  • GF Score™: 47/100 with 7 warning signs

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


Sportsman's Warehouse Holdings Business Description

Other Exchanges 0A8T:UK06S:Germany
Address 1475 West 9000 South, Suite A, West Jordan, UT, USA, 84088
Sportsman's Warehouse Holdings Inc together with its subsidiaries operates as an outdoor sporting goods retailer. It provides a one-stop shopping experience that equips customers with the right quality, brand name hunting, shooting, fishing, and camping gear to maximize enjoyment of the outdoors. The company offers products in the categories of Camping, Apparel, Fishing, Footwear, Hunting and shooting, and Optics, Electronics, Accessories, and Other products. It provides products such as Backpacks, Jackets, Camp essentials, Hiking boots, GPS devices, ATV accessories and Fishing rods, among others. The company also offers an e-commerce experience, extensive in-store events and educational programming.
47GF Score

Get the complete analysis for SPWH

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

$1.12
Price
$2.64
GF Value