SHRG (Sharing Services Global) Change In Inventory: $0.42 Mil (TTM As of Sep. 2024)

What is Sharing Services Global Change In Inventory?

Sharing Services Global SHRG 12 Change In Inventory is $0.42 Mil as of Sep. 2024. GuruFocus rates SHRG with a GF Score™ of 12/100.

Sharing Services Global's change in inventory for the quarter that ended in Sep. 2024 was $-0.03 Mil. It means Sharing Services Global's inventory increased by $0.03 Mil from Jun. 2024 to Sep. 2024 .

Sharing Services Global's change in inventory for the fiscal year that ended in Mar. 2024 was $-0.46 Mil. It means Sharing Services Global's inventory increased by $0.46 Mil from Mar. 2023 to Mar. 2024 .

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

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sharing Services Global's Days Inventory for the quarter that ended in Sep. 2024 was 177.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sharing Services Global's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.52.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Sharing Services Global's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.58.

Sharing Services Global (OTCPK:SHRG) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Sharing Services Global's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.2105	/	0.624	*	365 / 4
	=	177.02

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Sharing Services Global's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.624	/	1.2105
	=	0.52

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Sharing Services Global's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.2105	/	2.085
	=	0.58

* 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 Change In Inventory Related Terms

Sharing Services Global Change In Inventory Historical Data

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The historical data trend for Sharing Services Global's Change In Inventory can be seen below:

Sharing Services Global Change In Inventory Chart

Sharing Services Global Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-1.92

1.24

-2.58

1.15

-0.46

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
Change In Inventory	Get a 7-Day Free Trial															-0.73	0.29	0.04	0.12	-0.03

12GF Score

Sharing Services Global Corp SHRG

Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.

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Sharing Services Global Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.42 Mil.

Frequently Asked Questions Learn more about Change In Inventory →

What does a Change In Inventory of $0.42 Mil mean?

Sharing Services Global (SHRG) has a Change In Inventory of $0.42 Mil as of Sep. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Sharing Services Global and its competitors.

Is Sharing Services Global's Change In Inventory too high?

Sharing Services Global's current Change In Inventory is $0.42 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 Change In Inventory compare to AVRW and JBS?

Sharing Services Global's Change In Inventory of $0.42 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 Change In Inventory for a Consumer Packaged Goods company?

A good Change In Inventory depends on the Consumer Packaged Goods industry context. However, Change In Inventory 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 Change In Inventory mean?

A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Sharing Services Global and its competitors. Sharing Services Global's current Change In Inventory is $0.42 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 Change In Inventory of $0.42 Mil. The current Change In Inventory is $0.42 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 Change In Inventory calculated?

Change In Inventory is calculated from a company's financial statements. For Sharing Services Global (SHRG), the current Change In Inventory is $0.42 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

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies AVRW XSWX:NESN XPAR:BN JBS SHSE:603288 KHC TSE:2802 K GIS NSE:NESTLEIND SHSE:600887 SZSE:300999 BOG:NUTRESA LSE:ABF XAMS:JDEP MKC BOM:500825 MEX:BIMBOA SZSE:002311 TPE:1216

Address 5200 Tennyson Parkway, Suite 400, Plano, TX, USA, 75024

Website https://www.shrginc.com

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.

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$0.02

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