Shang Properties (PHS:SHNG) Change In Receivables: ₱2,193 Mil (TTM As of Mar. 2026)

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PHS:SHNG Shang Properties Inc PHS:SHNG
82 GF Score
Price ₱3.40
GF Value ₱4.41
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shang Properties Change In Receivables?

Shang Properties PHS:SHNG +1.80% 82 Change In Receivables is ₱2,193 Mil as of Mar. 2026. GuruFocus rates PHS:SHNG with a GF Score™ of 82/100 and a GF Value™ of ₱4.41 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Shang Properties's change in receivables for the quarter that ended in Mar. 2026 was ₱124 Mil. It means Shang Properties's Accounts Receivable declined by ₱124 Mil from Dec. 2025 to Mar. 2026 .

Shang Properties's change in receivables for the fiscal year that ended in Dec. 2025 was ₱2,482 Mil. It means Shang Properties's Accounts Receivable declined by ₱2,482 Mil from Dec. 2024 to Dec. 2025 .

Shang Properties's Accounts Receivable for the quarter that ended in Mar. 2026 was ₱3,008 Mil.

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 Receivable are being managed. Shang Properties's Days Sales Outstanding for the three months ended in Mar. 2026 was 86.03.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shang Properties's liquidation value for the three months ended in Mar. 2026 was ₱-25,556 Mil.

Shang Properties  (PHS:SHNG) Change In Receivables 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 Receivable are being managed.

Shang Properties's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3007.501/3190.069*91
=86.03

2. In Ben Graham's calculation of liquidation value, Shang Properties's accounts receivable are only considered to be worth 75% of book value:

Shang Properties's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3426.924-36012.263+0.75 * 3007.501+0.5 * 9547.949
=-25,556

* 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.

Shang Properties Change In Receivables Related Terms

Shang Properties Change In Receivables Historical Data

* Premium members only.

The historical data trend for Shang Properties's Change In Receivables 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.

Shang Properties Change In Receivables Chart

Shang Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -89.83 -1,215.39 -1,281.74 -1,835.15 2,481.90

Shang Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Receivables 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 412.10 -1,076.73 -9,106.08 12,252.61 123.53
PHS:SHNG
82GF Score
Shang Properties Inc PHS:SHNG
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Shang Properties Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱2,193 Mil.

* 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 Change In Receivables →
What does a Change In Receivables of ₱2,193 Mil mean?
Shang Properties (PHS:SHNG) has a Change In Receivables of ₱2,193 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Shang Properties and its competitors.
Is Shang Properties' Change In Receivables too high?
Shang Properties' current Change In Receivables is ₱2,193 Mil. Overall, Shang Properties has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shang Properties' Change In Receivables compare to competitors?
Shang Properties' Change In Receivables of ₱2,193 Mil can be compared against companies in the Real Estate 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 Receivables for a Real Estate company?
A good Change In Receivables depends on the Real Estate industry context. However, Change In Receivables 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 Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Shang Properties and its competitors. Shang Properties's current Change In Receivables is ₱2,193 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shang Properties stock overvalued right now?
Based on GuruFocus' analysis, Shang Properties (PHS:SHNG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱4.41, compared to a current price of ₱3.40 — trading 22.9% below its estimated fair value. The current Change In Receivables is ₱2,193 Mil. Shang Properties' overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Shang Properties (PHS:SHNG), the current Change In Receivables is ₱2,193 Mil 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 Shang Properties (PHS:SHNG) Overvalued in 2026?

Based on GuruFocus' analysis, Shang Properties stock appears to be undervalued. The current stock price of ₱3.40 is trading 22.9% below its estimated GF Value™ of ₱4.41. GuruFocus considers Shang Properties to be Modestly Undervalued.

Key valuation signals for PHS:SHNG:

  • Change In Receivables: ₱2,193 Mil
  • GF Value™: ₱4.41 vs. price of ₱3.40 (22.9% below fair value)
  • GF Score™: 82/100 with 4 warning signs

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

Shang Properties Business Description

Address EDSA Corner Shaw Boulevard, Level 5, Administration Offices, Shangri-La Plaza Mall, Metro Manila, Mandaluyong, PHL, 1550
Shang Properties Inc is to acquire, own, develop, subdivide, sell, mortgage, exchange, lease or hold for investment, real properties of all kinds. The company has three segments Property development, Hotel operations, Leasing. The company generates majority of revenue from Property development segment.
82GF Score

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

₱3.40
Price
₱4.41
GF Value