Growth Metrics

Shopify (SHOP) Receivables Refunds (2020 - 2023)

Shopify's quarterly Receivables Refunds came in at $61.7 million in Q4 2023, up 46.93% year-on-year from $42.0 million in Q4 2022, and up 46.93% quarter-over-quarter from $42.0 million in Q4 2022.

Shopify has reported Receivables Refunds for 4 years, with the latest figure at $61.7 million in Q4 2023.

  • For the quarter ending Q4 2023, Receivables Refunds rose 46.93% year-over-year to $61.7 million; the trailing twelve-month figure through Dec 2023 stood at $61.7 million (up 46.93% YoY), and the FY2023 full-year result was $61.7 million, up 40.73% from the prior year.
  • Receivables Refunds for Q4 2023 stood at $61.7 million, up from $42.0 million in the prior quarter.
  • The five-year high for Receivables Refunds was $61.7 million in Q4 2023, with the low at $3.4 million in Q1 2022.
  • Average Receivables Refunds over 4 years is $33.2 million, with a median of $42.0 million recorded in 2022.
  • Peak annual rise in Receivables Refunds reached 953.77% in 2022, while the deepest fall reached 92.46% in 2022.
  • Tracing SHOP's Receivables Refunds over 4 years: stood at $43.0 million in 2020, then plunged by 90.73% to $4.0 million in 2021, then jumped by 953.77% to $42.0 million in 2022, then jumped by 46.93% to $61.7 million in 2023.
  • The last three Receivables Refunds figures came in at $61.7 million (Q4 2023), $42.0 million (Q4 2022), and $9.2 million (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Refund Receivables (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 700.11 Mn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn -
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn -
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn -
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn -
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn -
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn -
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn -
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 52.00 Mn
10 Datadog 78.54 Bn 73.78 Bn 797.20 Mn -

Historic Data

Download Data 🔒
DateValue
Dec 31, 2023 61.70 Mn
Dec 31, 2022 41.99 Mn
Sep 30, 2022 9.20 Mn
Jun 30, 2022 10.36 Mn
Mar 31, 2022 3.37 Mn
Dec 31, 2021 3.98 Mn
Sep 30, 2021 45.58 Mn
Jun 30, 2021 56.94 Mn
Mar 31, 2021 44.70 Mn
Dec 31, 2020 43.01 Mn
Sep 30, 2020 53.51 Mn
Jun 30, 2020 35.46 Mn
Mar 31, 2020 21.18 Mn