EM (Smart Share Global) Receivables Turnover: 1.72 (As of Dec. 2024)

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EM Smart Share Global Ltd EM
12 GF Score
Price $1.20
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What is Smart Share Global Receivables Turnover?

Smart Share Global EM 12 Receivables Turnover is 1.72 as of Dec. 2024. GuruFocus rates EM with a GF Score™ of 12/100.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Smart Share Global's Revenue for the three months ended in Dec. 2024 was $74.7 Mil. Smart Share Global's average Accounts Receivable for the three months ended in Dec. 2024 was $43.4 Mil. Hence, Smart Share Global's Receivables Turnover for the three months ended in Dec. 2024 was 1.72.


Smart Share Global  (NAS:EM) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Smart Share Global Receivables Turnover Related Terms


Smart Share Global Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Smart Share Global's Receivables Turnover 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.

Smart Share Global Receivables Turnover Chart

Smart Share Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 135.95 216.42 173.23 20.72 6.80

Smart Share Global Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Receivables Turnover 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 1.92 1.45 1.59 1.55 1.72

EM vs WW, MED, EJH: Receivables Turnover Comparison

For the Personal Services subindustry, Smart Share Global's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.


Smart Share Global Receivables Turnover vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Smart Share Global's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Smart Share Global's Receivables Turnover falls into.


EM
12GF Score
Smart Share Global Ltd EM
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Smart Share Global Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Smart Share Global's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=260.198 / ((37.638 + 38.893) / 2 )
=260.198 / 38.2655
=6.80

Smart Share Global's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=74.651 / ((47.858 + 38.893) / 2 )
=74.651 / 43.3755
=1.72

* 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 Receivables Turnover →
What does a Receivables Turnover of 1.72 mean?
Smart Share Global (EM) has a Receivables Turnover of 1.72 as of Dec. 2024. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Smart Share Global and its competitors.
Is Smart Share Global's Receivables Turnover too high?
Smart Share Global's current Receivables Turnover is 1.72. The Personal Services industry median Receivables Turnover is 16.29. Smart Share Global's value of 1.72 is 89.4% below this industry median. Overall, Smart Share Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Smart Share Global's Receivables Turnover compare to WW and MED?
Smart Share Global's Receivables Turnover of 1.72 can be compared against companies in the Personal Services industry. The industry median Receivables Turnover is 16.29. Smart Share Global's value of 1.72 is 89.4% 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 Receivables Turnover for a Personal Services company?
The median Receivables Turnover among Personal Services companies is 16.29, based on 91 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smart Share Global's current Receivables Turnover of 1.72 is 89.4% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Smart Share Global and its competitors. For the Personal Services industry, the median Receivables Turnover is 16.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Share Global's current Receivables Turnover is 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Share Global stock overvalued right now?
Smart Share Global (EM) has a current Receivables Turnover of 1.72. The current Receivables Turnover is 1.72 and 89.4% below the Personal Services industry median of 16.29. Smart Share 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 Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Smart Share Global (EM), the current Receivables Turnover is 1.72 as of Dec. 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.

Smart Share Global Business Description

Address 799 Tianshan W Road, 6th Floor, Changning District, Shanghai, CHN, 200335
Smart Share Global Ltd is a consumer tech company providing mobile device charging services through an extensive online and offline network in China. It provides service through power banks, placed in POIs operated by location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs, and public spaces. Geographically, the company generates revenue from the PRC. The company has two segments, the mobile device charging segment and the PV business segment. The company generates the majority of its revenue from the mobile device charging segment.
12GF Score

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

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