Qfin Holdings (QFIN) Change in Receivables (2019 - 2023)
Qfin Holdings (QFIN) posted Change in Receivables of $21.9 billion for Q3 2023, down 7.81% sequentially from $23.8 billion in Q2 2023, and up 45606.68% YoY from N/an in Q3 2022.
Qfin Holdings (QFIN) Change in Receivables (2019 - 2023) Analysis & Trends
Qfin Holdings (QFIN) has 5 years of Change in Receivables data on file, last reported at $21.9 billion in Q3 2023.
- Quarterly Change in Receivables rose 45606.68% year-over-year to $21.9 billion in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $21.9 billion (changed N/A YoY) and the FY2025 annual result came in at -$133.1 million, down 164.12% from the prior year.
- Change in Receivables slipped to $21.9 billion in Q3 2023 per QFIN's latest filing, from $23.8 billion in the prior quarter.
- The five-year high for Change in Receivables was $33.8 billion in Q1 2023, with the low at $24000.0 in Q2 2019.
- Average Change in Receivables over 5 years is $4.4 billion, with a median of $45.0 million recorded in 2020.
- Year-over-year, Change in Receivables jumped 148041.67% in 2020 and sank 68.49% in 2022.
- Qfin Holdings' Change in Receivables stood at $2.8 million in 2019, then surged by 1578.79% to $46.5 million in 2020, then surged by 168.25% to $124.6 million in 2021, then plunged by 68.49% to $39.3 million in 2022, then surged by 55708.13% to $21.9 billion in 2023.
- Business Quant data shows QFIN's Change in Receivables at $21.9 billion in Q3 2023, $23.8 billion in Q2 2023, and $33.8 billion in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 128.00 Mn |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 110.00 Mn |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | - |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 2.00 Mn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | -35.55 Mn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | - |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | - |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | - |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | - |
| 10 | Qfin Holdings | 3.99 Bn | -935.70 Bn | 498.57 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 21.92 Bn |
| Sep 30, 2023 | 21.92 Bn |
| Jun 30, 2023 | 23.78 Bn |
| Jun 30, 2023 | 23.78 Bn |
| Mar 31, 2023 | 33.76 Bn |
| Mar 31, 2023 | 33.76 Bn |
| Dec 31, 2022 | 39.28 Mn |
| Dec 31, 2022 | 39.28 Mn |
| Sep 30, 2022 | 47.96 Mn |
| Sep 30, 2022 | 47.96 Mn |
| Jun 30, 2022 | 43.58 Mn |
| Jun 30, 2022 | 43.58 Mn |
| Mar 31, 2022 | 36.54 Mn |
| Mar 31, 2022 | 36.54 Mn |
| Dec 31, 2021 | 124.65 Mn |
| Dec 31, 2021 | 124.65 Mn |
| Sep 30, 2021 | 67.47 Mn |
| Sep 30, 2021 | 67.47 Mn |
| Jun 30, 2021 | 48.08 Mn |
| Jun 30, 2021 | 48.08 Mn |