SHRG (Sharing Services Global) Days Payable: 171.24 (As of Sep. 2024)

What is Sharing Services Global Days Payable?

Sharing Services Global SHRG 12 Days Payable is 171.24 as of Sep. 2024. GuruFocus rates SHRG with a GF Score™ of 12/100.

Sharing Services Global's average Accounts Payable for the three months ended in Sep. 2024 was $1.17 Mil. Sharing Services Global's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.62 Mil. Hence, Sharing Services Global's Days Payable for the three months ended in Sep. 2024 was 171.24.

The historical rank and industry rank for Sharing Services Global's Days Payable or its related term are showing as below:

SHRG's Days Payable is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 43.885
* Ranked among companies with meaningful Days Payable only.

Sharing Services Global's Days Payable increased from Sep. 2023 (140.35) to Sep. 2024 (171.24). It may suggest that Sharing Services Global delayed paying its suppliers.

Sharing Services Global Days Payable Related Terms

Sharing Services Global Days Payable Historical Data

* Premium members only.

The historical data trend for Sharing Services Global's Days Payable 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 Days Payable Chart

Sharing Services Global Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

9.05

20.64

38.52

53.70

111.08

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
Days Payable	Get a 7-Day Free Trial															140.35	139.41	67.45	163.02	171.24

SHRG vs AVRW, JBS, KHC: Days Payable Comparison

For the Packaged Foods subindustry, Sharing Services Global's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sharing Services Global Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sharing Services Global's Days Payable distribution charts can be found below:

* The bar in red indicates where Sharing Services Global's Days Payable falls into.

Save Embed

12GF Score

Sharing Services Global Corp SHRG

Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Sharing Services Global Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Sharing Services Global's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (1.029	+	1.304)	/	2 )	/	3.833	*	365
=	1.1665					/	3.833	*	365
=	111.08

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

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1.115	+	1.227)	/	2 )	/	0.624	*	365 / 4
=	1.171					/	0.624	*	365 / 4
=	171.24

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 171.24 mean?

Sharing Services Global (SHRG) has a Days Payable of 171.24 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sharing Services Global and its competitors.

Is Sharing Services Global's Days Payable too high?

Sharing Services Global's current Days Payable is 171.24. The Consumer Packaged Goods industry median Days Payable is 43.89. Sharing Services Global's value of 171.24 is 290.2% above this industry median. 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 Days Payable compare to AVRW and JBS?

Sharing Services Global's Days Payable of 171.24 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 43.89. Sharing Services Global's value of 171.24 is 290.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Days Payable for a Consumer Packaged Goods company?

The median Days Payable among Consumer Packaged Goods companies is 43.89, based on 1,884 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sharing Services Global's current Days Payable of 171.24 is 290.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Days Payable mean?

A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sharing Services Global and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sharing Services Global's current Days Payable is 171.24. 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 Days Payable of 171.24. The current Days Payable is 171.24 and 290.2% above the Consumer Packaged Goods industry median of 43.89. 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 Days Payable calculated?

Days Payable is calculated from a company's financial statements. For Sharing Services Global (SHRG), the current Days Payable is 171.24 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.

12GF Score

Get the complete analysis for SHRG

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

$0.02

Price

View SHRG Analysis

See Days Payable data for all stocks →