Shopify (LIM:SHOP) Total Receivables: $2,546 Mil (As of Mar. 2026)


LIM:SHOP Shopify Inc LIM:SHOP
81 GF Score
Price $111.00
GF Value $133.03
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Shopify Total Receivables?

Shopify LIM:SHOP 81 Total Receivables is $2,546 Mil as of Mar. 2026. GuruFocus rates LIM:SHOP with a GF Score™ of 81/100 and a GF Value™ of $133.03 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Shopify's Total Receivables for the quarter that ended in Mar. 2026 was $2,546 Mil.

Shopify Total Receivables Historical Data

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The historical data trend for Shopify's Total 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.

Shopify Total Receivables Chart

Shopify Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 687.26 885.00 1,155.00 1,655.00 2,370.00

Shopify Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total 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 1,689.00 1,947.00 2,129.00 2,370.00 2,546.00
LIM:SHOP
81GF Score
Shopify Inc LIM:SHOP
Total Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Shopify Total Receivables Calculation

Total Receivables is the sum of all receivables owed by customers and affiliates within one year, including:
Accounts Receivable
Notes Receivable
Loans Receivable
Other Current Receivables

Frequently Asked Questions Learn more about Total Receivables →
What does a Total Receivables of $2,546 Mil mean?
Shopify (LIM:SHOP) has a Total Receivables of $2,546 Mil as of Mar. 2026. Total Receivables is the sum of all receivables owed by customers and affiliates within one year. View historical data on Shopify and its competitors.
Is Shopify's Total Receivables too high?
Shopify's current Total Receivables is $2,546 Mil. Overall, Shopify has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shopify's Total Receivables compare to UBER and CRM?
Shopify's Total Receivables of $2,546 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 Total Receivables for a Software company?
A good Total Receivables depends on the Software industry context. However, Total 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 Total Receivables mean?
A high Total Receivables can signal that a stock is expensive relative to its fundamentals. Total Receivables is the sum of all receivables owed by customers and affiliates within one year. View historical data on Shopify and its competitors. Shopify's current Total Receivables is $2,546 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shopify stock overvalued right now?
Based on GuruFocus' analysis, Shopify (LIM:SHOP) is currently considered Modestly Undervalued. The stock's GF Value™ is $133.03, compared to a current price of $111.00 — trading 16.6% below its estimated fair value. The current Total Receivables is $2,546 Mil. Shopify's overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Receivables calculated?
Total Receivables is calculated from a company's financial statements. For Shopify (LIM:SHOP), the current Total Receivables is $2,546 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 Shopify (LIM:SHOP) Overvalued in 2026?

Based on GuruFocus' analysis, Shopify stock appears to be undervalued. The current stock price of $111.00 is trading 16.6% below its estimated GF Value™ of $133.03. GuruFocus considers Shopify to be Modestly Undervalued.

Key valuation signals for LIM:SHOP:

  • Total Receivables: $2,546 Mil
  • GF Value™: $133.03 vs. price of $111.00 (16.6% below fair value)
  • GF Score™: 81/100 with 2 warning signs

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

Shopify Business Description

Address 151 O\'Connor Street, Ground Floor, Ottawa, ON, CAN, K2P 2L8
Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.
81GF Score

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

$111.00
Price
$133.03
GF Value