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Annual report 2024
added 02-21-2026

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Cango Accounts Receivables 2011-2026 | CANG

Accounts receivable — is the amount of money owed to a company by other organizations, individuals, or the government. It arises when a company has already delivered goods, performed work, or provided services, but has not yet received payment for them.
Examples of accounts receivable
  • Customers have not paid invoices for delivered products
  • An advance has been paid to a supplier, but goods have not yet been received
  • Employees have not reported on accountable amounts
  • The government must refund tax overpayments
  • Outstanding loans issued
Importance of accounts receivable in company analysis
  1. Asset quality
    Accounts receivable are part of current assets. But they are not cash — they are promises. Investors assess how realistic these promises are to be collected. The higher the share of overdue or doubtful receivables, the greater the risk of asset impairment.
  2. Impact on cash flow
    Even if a company shows a profit, the money can be "tied up" in receivables. This means profit does not turn into actual cash, and the company may face liquidity shortages.
  3. Assessment of management efficiency
    The following accounts receivable turnover ratios are commonly used:
    Receivables turnover = Revenue / Average accounts receivable
    (the higher — the better)

    Days Sales Outstanding (DSO) = 365 / Turnover
    (the fewer days — the faster customers pay)

    If the DSO is constantly increasing — this is a red flag — customers are delaying payments, and money gets stuck in settlements.

Annual Accounts Receivables Cango

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
- - - - 142 M 149 M 86.5 M - - - - - - -

All numbers in CNY currency

Indicator range from annual reports

Maximum Minimum Average
149 M 86.5 M 126 M

Quarterly Accounts Receivables Cango

2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1
- - - - 224 M - - - 142 M - - - 149 M - - - 86.5 M - - - 85.6 M - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in CNY currency

Indicator range from quarterly reporting

Maximum Minimum Average
224 M 85.6 M 137 M

Accounts Receivables of other stocks in the Social internet industry

Issuer Accounts Receivables Price % 24h Market Cap Country
Despegar.com, Corp. Despegar.com, Corp.
DESP
252 M - - $ 1.59 B argentinaArgentina
Baidu Baidu
BIDU
8.67 B $ 118.49 -4.1 % $ 40.7 B chinaChina
Yandex N.V. Yandex N.V.
YNDX
25.4 B - - - niderlandNiderland
Lizhi Lizhi
LIZI
8.36 M - 2.19 % $ 2.9 B chinaChina
JOYY JOYY
YY
762 M - -2.53 % $ 54.4 B chinaChina
Luokung Technology Corp. Luokung Technology Corp.
LKCO
3.31 M - -46.36 % $ 1.8 M chinaChina
CarGurus CarGurus
CARG
41.9 M $ 32.13 2.62 % $ 3.06 B usaUSA
DouYu International Holdings Limited DouYu International Holdings Limited
DOYU
200 M $ 5.26 -6.33 % $ 162 M chinaChina
Meta (Facebook) Meta (Facebook)
META
14 B $ 653.87 0.05 % $ 1.65 T usaUSA
IAC/InterActiveCorp IAC/InterActiveCorp
IAC
449 M $ 37.59 0.62 % $ 3.01 B usaUSA
Youdao Youdao
DAO
269 M $ 10.27 -3.88 % $ 1.21 B -
AutoWeb AutoWeb
AUTO
11.4 M - 0.78 % $ 5.38 M usaUSA
IZEA Worldwide IZEA Worldwide
IZEA
5 M $ 3.57 -4.29 % $ 60.9 M usaUSA
BlueCity Holdings Limited BlueCity Holdings Limited
BLCT
5.59 M - 1.33 % $ 56.9 M chinaChina
Lindblad Expeditions Holdings Lindblad Expeditions Holdings
LIND
6.53 K $ 18.98 -2.19 % $ 1.01 B usaUSA
Liberty TripAdvisor Holdings Liberty TripAdvisor Holdings
LTRPA
177 M - -20.83 % $ 19.8 M usaUSA
Remark Holdings Remark Holdings
MARK
1.29 M - -15.19 % $ 4.46 M usaUSA
MediaAlpha MediaAlpha
MAX
123 M $ 10.26 1.08 % $ 577 M usaUSA
Qutoutiao Qutoutiao
QTT
194 M - -38.43 % $ 6.99 M chinaChina
Norwegian Cruise Line Holdings Ltd. Norwegian Cruise Line Holdings Ltd.
NCLH
292 M $ 21.4 -3.5 % $ 9.6 B usaUSA
Booking Holdings Booking Holdings
BKNG
3.82 B $ 4 149.78 -0.72 % $ 135 B usaUSA
DoorDash DoorDash
DASH
1.11 B $ 175.44 -0.55 % $ 74.9 B usaUSA
Phoenix New Media Limited Phoenix New Media Limited
FENG
567 M $ 1.71 -1.72 % $ 20.5 M chinaChina
Pinterest Pinterest
PINS
998 M $ 18.92 8.3 % $ 12.8 B usaUSA
Royal Caribbean Group Royal Caribbean Group
RCL
317 M $ 303.9 1.01 % $ 82.4 B usaUSA
Gaia Gaia
GAIA
4.11 M $ 3.16 -4.82 % $ 67.9 M usaUSA
Autohome Autohome
ATHM
3.12 B $ 18.39 -4.12 % $ 8.92 B -
ANGI Homeservices ANGI Homeservices
ANGI
33.1 M $ 8.26 6.17 % $ 378 M usaUSA
Jiayin Group Jiayin Group
JFIN
2.67 B $ 6.14 -4.81 % $ 1.3 B chinaChina
36Kr Holdings 36Kr Holdings
KRKR
305 M $ 3.27 -0.2 % $ 3.45 B chinaChina
iQIYI iQIYI
IQ
3.34 B $ 1.5 -5.38 % $ 1.44 B chinaChina
Carnival Corporation & plc Carnival Corporation & plc
CCL
678 M $ 28.69 -1.51 % $ 37.6 B usaUSA
Momo Momo
MOMO
201 M $ 6.24 -4.08 % $ 2.3 B chinaChina
Snap Snap
SNAP
1.07 B $ 5.23 -0.48 % $ 8.86 B usaUSA
EverQuote EverQuote
EVER
75.1 M $ 16.48 3.13 % $ 596 M usaUSA
NetEase NetEase
NTES
4.58 B $ 115.62 0.37 % $ 370 B chinaChina
Expedia Group Expedia Group
EXPE
1.26 B $ 215.29 0.96 % $ 32.2 B usaUSA
Perion Network Ltd. Perion Network Ltd.
PERI
81.2 M $ 8.69 -0.57 % $ 411 M israelIsrael