SHRG (Sharing Services Global) Days Sales Outstanding: 13.04 (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 Days Sales Outstanding?

Sharing Services Global SHRG 12 Days Sales Outstanding is 13.04 as of Sep. 2024. GuruFocus rates SHRG with a GF Score™ of 12/100.

Sharing Services Global's average Accounts Receivable for the three months ended in Sep. 2024 was $0.30 Mil. Sharing Services Global's Revenue for the three months ended in Sep. 2024 was $2.09 Mil. Hence, Sharing Services Global's Days Sales Outstanding for the three months ended in Sep. 2024 was 13.04.

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

SHRG's Days Sales Outstanding is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 38.65
* Ranked among companies with meaningful Days Sales Outstanding only.

Sharing Services Global's Days Sales Outstanding declined from Sep. 2023 (18.30) to Sep. 2024 (13.04).


Sharing Services Global  (OTCPK:SHRG) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Sharing Services Global Days Sales Outstanding Related Terms


Sharing Services Global Days Sales Outstanding Historical Data

* Premium members only.

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

Sharing Services Global Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Mar21 Mar22 Mar23 Mar24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.57 15.74 16.95 24.07 12.11

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 Sales Outstanding 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 18.30 14.67 13.07 11.95 13.04

SHRG vs AVRW, JBS, KHC: Days Sales Outstanding Comparison

For the Packaged Foods subindustry, Sharing Services Global's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Sales Outstanding vs Consumer Packaged Goods Industry

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

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


SHRG
12GF Score
Sharing Services Global Corp SHRG
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Sharing Services Global Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

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

Days Sales Outstanding (A: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (0.441 + 0.281) / 2 ) / 10.878*365
=0.361 / 10.878*365
=12.11

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

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (0.301 + 0.295) / 2 ) / 2.085*365 / 4
=0.298 / 2.085*365 / 4
=13.04

* 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 Days Sales Outstanding →
What does a Days Sales Outstanding of 13.04 mean?
Sharing Services Global (SHRG) has a Days Sales Outstanding of 13.04 as of Sep. 2024. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Sharing Services Global and its competitors.
Is Sharing Services Global's Days Sales Outstanding too high?
Sharing Services Global's current Days Sales Outstanding is 13.04. The Consumer Packaged Goods industry median Days Sales Outstanding is 38.65. Sharing Services Global's value of 13.04 is 66.3% below 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 Sales Outstanding compare to AVRW and JBS?
Sharing Services Global's Days Sales Outstanding of 13.04 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Sales Outstanding is 38.65. Sharing Services Global's value of 13.04 is 66.3% below 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 Sales Outstanding for a Consumer Packaged Goods company?
The median Days Sales Outstanding among Consumer Packaged Goods companies is 38.65, based on 1,941 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sharing Services Global's current Days Sales Outstanding of 13.04 is 66.3% below 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 Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Sharing Services Global and its competitors. For the Consumer Packaged Goods industry, the median Days Sales Outstanding is 38.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sharing Services Global's current Days Sales Outstanding is 13.04. 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 Sales Outstanding of 13.04. The current Days Sales Outstanding is 13.04 and 66.3% below the Consumer Packaged Goods industry median of 38.65. 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 Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Sharing Services Global (SHRG), the current Days Sales Outstanding is 13.04 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.
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