The9 Limited Receivables

Receivables of NCTY for past 10 years: annual, quarterly and twelve month trailing (TTM) including Receivables growth rates and interactive chart. Accounts receivable (AR) is the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers. Accounts receivables are listed on the balance sheet as a current asset. AR is any amount of money owed by customers for purchases made on credit. When a company makes a sale, it records revenues and a corresponding balance in accounts receivable. When an invoice is paid, the accounts payable account is reduced and cash is received. Receivables should grow in-line with revenue over time, if they are growing much faster, a company might be booking revenue too aggressively.

Highlights and Quick Summary

  • Receivables for the quarter ending June 29, 2021 was $2.08 Million (a 50.55% increase compared to previous quarter)
  • Year-over-year quarterly Receivables increased by 109.11%
  • Annual Receivables for 2020 was $1.38 Million (a 38.9% increase from previous year)
  • Annual Receivables for 2019 was $995 Thousand (a -44.25% decrease from previous year)
  • Annual Receivables for 2018 was $1.79 Million (a 27.99% increase from previous year)
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Historical Receivables of The9 Limited

Most recent Receivablesof NCTY including historical data for past 10 years.

Interactive Chart of Receivables of The9 Limited

The9 Limited Receivables for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 – – – $2.08 –
2020 – – $1.38 $0.21 $1.38
2019 – – $1.0 $0.88 $1.0
2018 – – – $0.99 $1.79
2017 – – – – $1.39
2016 – – – – $4.09
2015 – – – – $1.1
2014 – – – – $1.9
2013 – – $3.26 $3.17 $3.16
2012 $2.51 $2.3 $2.8 $2.45 $2.51
2011 $1.6 $2.74 $1.9 $2.84 $1.6

Business Profile of The9 Limited

Sector: Communication Services
Industry: Electronic Gaming & Multimedia
The9 Limited, together with its subsidiaries, operates as an Internet company in the People's Republic of China. The company primarily focuses on developing cryptocurrencies mining business. It also operates and develops proprietary or licensed online games, primarily mobile games and TV games. The company was formerly known as GameNow.net Limited and changed its name to The9 Limited in February 2004. The9 Limited was incorporated in 1999 and is headquartered in Shanghai, the People's Republic of China.
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