▼ BEARISH // F-RATED EARNINGS MIRAGE // ACCRUAL WATCHSIFTER 02 // ACCRUAL & RECEIVABLES FORENSICS
SEVERITY: 94/100
Z-SCORE: +4.85σ
Sempra Flagged: -28.8% Cash Conversion Gap as Receivables Bloat Hits +194.9% vs Rev
CASH CONVERSION GAP
-28.8% (NI vs OCF)
RECEIVABLES / WC BLOAT
+194.9% VS REV
60D C-SUITE FORM 4 SALES
0 OPEN-MKT DUMPS
[GEEK DESK FORENSIC NOTE // SEC XBRL × FORM 4 CROSS-CHECK]
SEC EDGAR XBRL CompanyFacts10-K/10-Q Working Capital ScheduleSEC Form 4 Executive Sales
Multi-feed analysis triggers a 94/100 severity accrual watch backed by an extreme 4.85 z-score across SEC EDGAR and working capital schedules. Forensic screening identifies an acute divergence where receivables bloated +194.9% versus revenue alongside a -28.8% cash conversion gap driven by a -35.8% net income growth and -7% operating cash flow growth. While 60-day C-suite Form 4 sales remain at 0 open-market dumps, the compounding working capital deterioration presents severe earnings quality risk for institutional capital.