The playing length of mine is 45.75" (46" to the very end of the grip cap). I believe 1.75" is the correct amount to account for the head and adapter. So the raw length of the shaft is likely 44", meaning about 1" was cut. Note that I ordered this shaft to the playing length and did not do the club work myself, so I'm not 100 percent certain.
An untrimmed shaft would likely be 46.5"-47" playing length in most heads, yes.
