Coinbase Global (COIN) Change in Receivables (2020 - 2023)
Coinbase Global (COIN) posted quarterly Change in Receivables of -$2.7 million for Q4 2023, down 102.26% year-over-year from $119.5 million in Q4 2022, and up 97.71% quarter-over-quarter from -$117.9 million in Q3 2023.
Coinbase Global (COIN) Change in Receivables (2020 - 2023) Analysis & Trends
Coinbase Global (COIN) has reported Change in Receivables for 4 consecutive years, with -$2.7 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Change in Receivables fell 102.26% year-over-year to -$2.7 million; the TTM figure through Dec 2023 stood at -$84.0 million (down 159.58% YoY), while the FY2025 annual figure was $2.0 million, down 98.03% from the prior year.
- Change in Receivables advanced to -$2.7 million in Q4 2023 per COIN's latest filing, from -$117.9 million in the prior quarter.
- Across five years, Change in Receivables topped out at $119.5 million in Q4 2022 and bottomed at -$117.9 million in Q3 2023.
- Historically, Change in Receivables has averaged $9.1 million across 4 years, with a median of $6.9 million in 2020.
- Annual changes were most pronounced in 2022 — Change in Receivables surged 1268.41% — and 2023, when it tumbled 3151.65%.
- Coinbase Global's Change in Receivables stood at $108.3 million in 2020, then tumbled by 91.94% to $8.7 million in 2021, then soared by 1268.41% to $119.5 million in 2022, then sank by 102.26% to -$2.7 million in 2023.
- Business Quant data shows COIN's Change in Receivables at -$2.7 million in Q4 2023, -$117.9 million in Q3 2023, and -$30.5 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn | -39.00 Mn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn | -182.90 Mn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - | -511.00 Mn |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn | -127.00 Mn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn | 199.00 Mn |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn | - |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn | 2.40 Mn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn | 66.00 Mn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn | 4.90 Mn |
| 10 | Factset Research Systems | 10.82 Bn | 10.52 Bn | 310.73 Mn | -26.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -2.70 Mn |
| Dec 31, 2023 | -2.70 Mn |
| Sep 30, 2023 | -117.90 Mn |
| Sep 30, 2023 | -117.90 Mn |
| Jun 30, 2023 | -30.55 Mn |
| Jun 30, 2023 | -30.55 Mn |
| Mar 31, 2023 | 67.13 Mn |
| Mar 31, 2023 | 67.13 Mn |
| Dec 31, 2022 | 119.50 Mn |
| Dec 31, 2022 | 119.50 Mn |
| Sep 30, 2022 | 28.88 Mn |
| Sep 30, 2022 | 28.88 Mn |
| Jun 30, 2022 | 1.00 Mn |
| Jun 30, 2022 | 1.00 Mn |
| Mar 31, 2022 | -8.36 Mn |
| Mar 31, 2022 | -8.36 Mn |
| Dec 31, 2021 | 8.73 Mn |
| Dec 31, 2021 | 8.73 Mn |
| Sep 30, 2021 | 46.51 Mn |
| Sep 30, 2021 | 46.51 Mn |