Vnet (VNET) Change in Receivables (2014 - 2024)
Vnet's (VNET) quarterly Change in Receivables came in at $22.1 million in Q4 2024, down 49.52% year-over-year from $43.8 million in Q1 2024, and up 211.67% quarter-over-quarter from -$19.8 million in Q3 2024.
Analysis
Vnet (VNET) Change in Receivables (2014 - 2024) Analysis & Trends
Vnet has disclosed Change in Receivables across 11 years of filings, most recently posting $22.1 million for Q4 2024.
- In Q4 2024, Change in Receivables fell 49.52% year-over-year to $22.1 million; the TTM figure through Dec 2024 stood at -$9.5 million (down 434.78% YoY), while the FY2025 annual figure was -$94.9 million, down 1016.51% from the prior year.
- Change in Receivables came in at $22.1 million for Q4 2024 at Vnet, up from -$19.8 million in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $43.8 million in Q4 2023 to a low of -$38.0 million in Q3 2021.
- Average Change in Receivables over 5 years is -$4.8 million, with a median of -$4.3 million recorded in 2023.
- Year-over-year, Change in Receivables tumbled 447.52% in 2021 and soared 1594.38% in 2024.
- Over 5 years, Change in Receivables stood at $5.4 million in 2020, then jumped by 230.16% to $17.9 million in 2021, then sank by 189.01% to -$15.9 million in 2022, then surged by 375.18% to $43.8 million in 2023, then sank by 49.52% to $22.1 million in 2024.
- Per Business Quant data, the three most recent Change in Receivables figures were $22.1 million in Q4 2024, -$19.8 million in Q3 2024, and $19.6 million in Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 152.00 Mn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | 7.62 Mn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | - |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | 35.35 Mn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | - |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | - |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | - |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | - |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | -615,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 22.12 Mn |
| Sep 30, 2024 | -19.80 Mn |
| Jun 30, 2024 | 19.60 Mn |
| Mar 31, 2024 | -31.44 Mn |
| Dec 31, 2023 | 43.81 Mn |
| Sep 30, 2023 | -9.72 Mn |
| Jun 30, 2023 | 1.16 Mn |
| Mar 31, 2023 | -37.03 Mn |
| Dec 31, 2022 | -15.92 Mn |
| Sep 30, 2022 | 9.04 Mn |
| Jun 30, 2022 | -20.56 Mn |
| Mar 31, 2022 | -31.23 Mn |
| Dec 31, 2021 | 17.89 Mn |
| Sep 30, 2021 | -38.05 Mn |
| Jun 30, 2021 | -30.77 Mn |
| Mar 31, 2021 | -31.05 Mn |
| Dec 31, 2020 | 5.42 Mn |
| Sep 30, 2020 | 10.95 Mn |
| Jun 30, 2020 | 11.25 Mn |
| Mar 31, 2020 | 28.57 Mn |