Shoper (WAR:SHO) Change In Receivables: zł1.5 Mil (TTM As of Mar. 2026)

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WAR:SHO Shoper SA WAR:SHO
96 GF Score
Price zł42.10
GF Value zł55.86
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Shoper Change In Receivables?

Shoper WAR:SHO 96 Change In Receivables is zł1.5 Mil as of Mar. 2026. GuruFocus rates WAR:SHO with a GF Score™ of 96/100 and a GF Value™ of zł55.86 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Shoper's change in receivables for the quarter that ended in Mar. 2026 was zł0.4 Mil. It means Shoper's Accounts Receivable declined by zł0.4 Mil from Dec. 2025 to Mar. 2026 .

Shoper's change in receivables for the fiscal year that ended in Dec. 2025 was zł-0.7 Mil. It means Shoper's Accounts Receivable increased by zł0.7 Mil from Dec. 2024 to Dec. 2025 .

Shoper's Accounts Receivable for the quarter that ended in Mar. 2026 was zł12.2 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. Shoper's Days Sales Outstanding for the three months ended in Mar. 2026 was 19.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shoper's liquidation value for the three months ended in Mar. 2026 was zł-52.0 Mil.

Shoper  (WAR:SHO) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12.188/55.671*91
=19.98

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

Shoper'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)
=16.906-78.026+0.75 * 12.188+0.5 * 0
=-52.0

* 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.

Shoper Change In Receivables Related Terms

Shoper Change In Receivables Historical Data

* Premium members only.

The historical data trend for Shoper'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.

Shoper Change In Receivables Chart

Shoper Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial -2.71 -1.93 -2.16 -5.12 -0.70

Shoper 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 -1.84 1.62 1.18 -1.66 0.38
WAR:SHO
96GF Score
Shoper SA WAR:SHO
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Shoper 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 zł1.5 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 zł1.5 Mil mean?
Shoper (WAR:SHO) has a Change In Receivables of zł1.5 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Shoper and its competitors.
Is Shoper's Change In Receivables too high?
Shoper's current Change In Receivables is zł1.5 Mil. Overall, Shoper has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shoper's Change In Receivables compare to CRM and SHOP?
Shoper's Change In Receivables of zł1.5 Mil can be compared against companies in the Software 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 Software company?
A good Change In Receivables depends on the Software 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 Shoper and its competitors. Shoper's current Change In Receivables is zł1.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoper stock overvalued right now?
Based on GuruFocus' analysis, Shoper (WAR:SHO) is currently considered Modestly Undervalued. The stock's GF Value™ is zł55.86, compared to a current price of zł42.10 — trading 24.6% below its estimated fair value. The current Change In Receivables is zł1.5 Mil. Shoper's overall GF Score™ is 96/100 with 3 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 Shoper (WAR:SHO), the current Change In Receivables is zł1.5 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 Shoper (WAR:SHO) Overvalued in 2026?

Based on GuruFocus' analysis, Shoper stock appears to be undervalued. The current stock price of zł42.10 is trading 24.6% below its estimated GF Value™ of zł55.86. GuruFocus considers Shoper to be Modestly Undervalued.

Key valuation signals for WAR:SHO:

  • Change In Receivables: zł1.5 Mil
  • GF Value™: zł55.86 vs. price of zł42.10 (24.6% below fair value)
  • GF Score™: 96/100 with 3 warning signs

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

Shoper Business Description

Other Exchanges 8FF:Germany
Address ul. Władysława Lokietka 79, Krakow, POL, 31-280
Shoper SA is a leader on the Polish market of software vendors for e-commerce in the SaaS model. It enables entrepreneurs to conveniently, quickly and easily set up own online store and conduct sales in the online channel. The comprehensive offer of the company consists of the Shoper platform available as a subscription, allowing for flexible adaptation to the needs of a given client, and a number of services sold in the pay-as-you-grow model, directly correlated with the number of orders or turnover generated through stores on the platform.
96GF Score

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

zł42.10
Price
zł55.86
GF Value