SHRG (Sharing Services Global) Change In Receivables: $-1.90 Mil (TTM As of Sep. 2024)

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SHRG Sharing Services Global Corp SHRG
12 GF Score
Price $0.02
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What is Sharing Services Global Change In Receivables?

Sharing Services Global SHRG 12 Change In Receivables is $-1.90 Mil as of Sep. 2024. GuruFocus rates SHRG with a GF Score™ of 12/100.

Sharing Services Global's change in receivables for the quarter that ended in Sep. 2024 was $0.01 Mil. It means Sharing Services Global's Accounts Receivable declined by $0.01 Mil from Jun. 2024 to Sep. 2024 .

Sharing Services Global's change in receivables for the fiscal year that ended in Mar. 2024 was $-2.22 Mil. It means Sharing Services Global's Accounts Receivable increased by $2.22 Mil from Mar. 2023 to Mar. 2024 .

Sharing Services Global's Accounts Receivable for the quarter that ended in Sep. 2024 was $0.30 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. Sharing Services Global's Days Sales Outstanding for the three months ended in Sep. 2024 was 12.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sharing Services Global's liquidation value for the three months ended in Sep. 2024 was $-8.91 Mil.

Sharing Services Global  (OTCPK:SHRG) 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.

Sharing Services Global's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.295/2.085*91
=12.91

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

Sharing Services Global's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.73-10.471+0.75 * 0.295+0.5 * 1.225
=-8.91

* 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 Receivables Related Terms

Sharing Services Global Change In Receivables Historical Data

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The historical data trend for Sharing Services Global'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.

Sharing Services Global Change In Receivables Chart

Sharing Services Global Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Mar21 Mar22 Mar23 Mar24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 2.56 -0.16 1.56 -2.22

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 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 0.16 -1.86 -0.02 -0.02 0.01
SHRG
12GF Score
Sharing Services Global Corp SHRG
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Sharing Services Global 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.90 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 $-1.90 Mil mean?
Sharing Services Global (SHRG) has a Change In Receivables of $-1.90 Mil as of Sep. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Sharing Services Global and its competitors.
Is Sharing Services Global's Change In Receivables too high?
Sharing Services Global's current Change In Receivables is $-1.90 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 Receivables compare to AVRW and JBS?
Sharing Services Global's Change In Receivables of $-1.90 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 Receivables for a Consumer Packaged Goods company?
A good Change In Receivables depends on the Consumer Packaged Goods 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 Sharing Services Global and its competitors. Sharing Services Global's current Change In Receivables is $-1.90 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 Receivables of $-1.90 Mil. The current Change In Receivables is $-1.90 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 Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Sharing Services Global (SHRG), the current Change In Receivables is $-1.90 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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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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