SSSAF (Shurgard Self Storage) Change In Receivables: $-24.9 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SSSAF Shurgard Self Storage Ltd SSSAF
71 GF Score
Price $30.23
GF Value $50.78
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Shurgard Self Storage Change In Receivables?

Shurgard Self Storage SSSAF +0.77% 71 Change In Receivables is $-24.9 Mil as of Dec. 2025. GuruFocus rates SSSAF with a GF Score™ of 71/100 and a GF Value™ of $50.78 (Possible Value Trap). The stock has 6 warning signs investors should review.

Shurgard Self Storage's change in receivables for the quarter that ended in Dec. 2025 was $-2.1 Mil. It means Shurgard Self Storage's Accounts Receivable increased by $2.1 Mil from Jun. 2025 to Dec. 2025 .

Shurgard Self Storage's change in receivables for the fiscal year that ended in Dec. 2025 was $-25.2 Mil. It means Shurgard Self Storage's Accounts Receivable increased by $25.2 Mil from Dec. 2024 to Dec. 2025 .

Shurgard Self Storage's Accounts Receivable for the quarter that ended in Dec. 2025 was $60.6 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. Shurgard Self Storage's Days Sales Outstanding for the six months ended in Dec. 2025 was 41.47.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shurgard Self Storage's liquidation value for the six months ended in Dec. 2025 was $-3,110.0 Mil.

Shurgard Self Storage  (OTCPK:SSSAF) 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.

Shurgard Self Storage's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=60.608/266.713*91
=41.47

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

Shurgard Self Storage's liquidation value for the quarter that ended in Dec. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=65.525-3220.939+0.75 * 60.608+0.5 * 0
=-3,110.0

* 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.

Shurgard Self Storage Change In Receivables Related Terms

Shurgard Self Storage Change In Receivables Historical Data

* Premium members only.

The historical data trend for Shurgard Self Storage'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.

Shurgard Self Storage Change In Receivables Chart

Shurgard Self Storage 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 -10.66 -5.38 -6.85 8.62 -25.25

Shurgard Self Storage Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 6.03 -17.52 25.66 -22.76 -2.14
SSSAF
71GF Score
Shurgard Self Storage Ltd SSSAF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shurgard Self Storage 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-24.9 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 $-24.9 Mil mean?
Shurgard Self Storage (SSSAF) has a Change In Receivables of $-24.9 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Shurgard Self Storage and its competitors.
Is Shurgard Self Storage's Change In Receivables too high?
Shurgard Self Storage's current Change In Receivables is $-24.9 Mil. Overall, Shurgard Self Storage has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shurgard Self Storage's Change In Receivables compare to EQIX and AMT?
Shurgard Self Storage's Change In Receivables of $-24.9 Mil can be compared against companies in the REITs 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 REITs company?
A good Change In Receivables depends on the REITs 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 Shurgard Self Storage and its competitors. Shurgard Self Storage's current Change In Receivables is $-24.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shurgard Self Storage stock overvalued right now?
Based on GuruFocus' analysis, Shurgard Self Storage (SSSAF) is currently considered Possible Value Trap. The stock's GF Value™ is $50.78, compared to a current price of $30.23 — trading 40.5% below its estimated fair value. The current Change In Receivables is $-24.9 Mil. Shurgard Self Storage's overall GF Score™ is 71/100 with 6 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 Shurgard Self Storage (SSSAF), the current Change In Receivables is $-24.9 Mil as of Dec. 2025. 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 Shurgard Self Storage (SSSAF) Overvalued in 2026?

Based on GuruFocus' analysis, Shurgard Self Storage stock appears to be undervalued. The current stock price of $30.23 is trading 40.5% below its estimated GF Value™ of $50.78. GuruFocus considers Shurgard Self Storage to be Possible Value Trap.

Key valuation signals for SSSAF:

  • Change In Receivables: $-24.9 Mil
  • GF Value™: $50.78 vs. price of $30.23 (40.5% below fair value)
  • GF Score™: 71/100 with 6 warning signs

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

Shurgard Self Storage Business Description

Industry Real EstateREITs
Address Admiral Park, St Peters Port, Ground Floor, Plaza House, Guernsey, GGY, GY1 2HU
Shurgard Self Storage Ltd is an owner and operator of self-storage centers. The company has two reportable segments namely Same Stores and Non-Same Stores. It generates maximum revenue from the Same Stores segment. Geographically, the company derives the majority revenue from UK and also has a presence in the Netherlands, France, Sweden, Belgium, Germany and Denmark among others. It generates revenue through the lease of storage units and related activities, including insurance referrals and the sale of storage products and packaging.
71GF Score

Get the complete analysis for SSSAF

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

$30.23
Price
$50.78
GF Value