Qfin Holdings (QFIN) Change in Receivables (2016 - 2022)
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.
Analysis
Qfin Holdings (QFIN) Change in Receivables (2016 - 2022) Analysis & Trends
Qfin Holdings has reported Change in Receivables for 5 years, with the latest figure 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.
- Over five years, Change in Receivables peaked at $33.8 billion in Q1 2023 and troughed at $24000.0 in Q2 2019.
- A 5-year average of $4.4 billion and a median of $45.0 million in 2020 frame the typical range for Change in Receivables.
- The sharpest annual moves came in 2020 and 2022: Change in Receivables surged 148041.67% in 2020, then tumbled 68.49% in 2022.
- Over 5 years, Change in Receivables stood at $2.8 million in 2019, then jumped by 1578.79% to $46.5 million in 2020, then jumped by 168.25% to $124.6 million in 2021, then tumbled by 68.49% to $39.3 million in 2022, then jumped by 55708.13% to $21.9 billion in 2023.
- According to Business Quant data, Change in Receivables over the past three periods registered $21.9 billion, $23.8 billion, and $33.8 billion for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 131.00 Mn |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | 338.00 Mn |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | - |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | - |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | -80.00 Mn |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | 52.87 Mn |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | - |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | - |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | - |
| 10 | Qfin Holdings | 1.07 Bn | -390.93 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 29.95 Mn |
| Dec 31, 2022 | 29.95 Mn |
| Sep 30, 2022 | 47.96 Mn |
| Sep 30, 2022 | 47.96 Mn |
| Dec 31, 2021 | -131.84 Mn |
| Dec 31, 2021 | -131.84 Mn |
| Sep 30, 2021 | -19.96 Mn |
| Sep 30, 2021 | -19.96 Mn |
| Dec 31, 2016 | 240,886.41 |
| Dec 31, 2016 | 240,886.41 |