Coinbase Global (COIN) Change in Receivables (2020 - 2023)
Coinbase Global's (COIN) quarterly Change in Receivables came in at -$2.7 million in 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.
Analysis
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.
- On a quarterly basis, Change in Receivables fell 102.26% year-over-year to -$2.7 million in Q4 2023; TTM through Dec 2023 was -$84.0 million, a 159.58% decrease from a year earlier, with the FY2025 full-year figure at $2.0 million, down 98.03% from the prior year.
- Change in Receivables was -$2.7 million for Q4 2023 at Coinbase Global, up from -$117.9 million in the prior quarter.
- Over five years, Change in Receivables peaked at $119.5 million in Q4 2022 and troughed at -$117.9 million in Q3 2023.
- A 4-year average of $9.1 million and a median of $6.9 million in 2020 frame the typical range for Change in Receivables.
- Across the five-year window, Change in Receivables jumped 1268.41% in 2022 and plunged 3151.65% in 2023, its largest moves.
- Over 4 years, Change in Receivables stood at $108.3 million in 2020, then tumbled by 91.94% to $8.7 million in 2021, then jumped by 1268.41% to $119.5 million in 2022, then sank by 102.26% to -$2.7 million in 2023.
- The last three Change in Receivables figures came in at -$2.7 million (Q4 2023), -$117.9 million (Q3 2023), and -$30.5 million (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 45.40 Bn | 36.62 Bn | 1.16 Bn | - |
| 2 | Bullish | 4.32 Bn | 4.21 Bn | 15.53 Mn | - |
| 3 | Canton Strategic Holdings | 465.18 Mn | 465.18 Mn | - | - |
| 4 | Cypherpunk Technologies | 406.44 Mn | 406.44 Mn | - | - |
| 5 | Coincheck | 268.46 Mn | 166.86 Mn | 11.20 Mn | 700,000.00 |
| 6 | Wewards | 214.97 Mn | 214.97 Mn | - | - |
| 7 | Usbc | 178.08 Mn | 174.42 Mn | - | - |
| 8 | Universal Token | 174.68 Mn | 174.68 Mn | - | - |
| 9 | TON Strategy | 173.75 Mn | 173.73 Mn | - | - |
| 10 | Streamex | 123.26 Mn | 104.79 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -2.70 Mn |
| Sep 30, 2023 | -117.90 Mn |
| Jun 30, 2023 | -30.55 Mn |
| Mar 31, 2023 | 67.13 Mn |
| Dec 31, 2022 | 119.50 Mn |
| Sep 30, 2022 | 28.88 Mn |
| Jun 30, 2022 | 1.00 Mn |
| Mar 31, 2022 | -8.36 Mn |
| Dec 31, 2021 | 8.73 Mn |
| Sep 30, 2021 | 46.51 Mn |
| Jun 30, 2021 | -95.73 Mn |
| Mar 31, 2021 | 11.98 Mn |
| Dec 31, 2020 | 108.31 Mn |
| Sep 30, 2020 | -9.09 Mn |
| Jun 30, 2020 | 5.16 Mn |
| Mar 31, 2020 | 12.78 Mn |