GDS Holdings Limited Accounts Receivables | GDS

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

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.
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.
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 GDS Holdings Limited

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
2.47 B	3.02 B	2.49 B	2.41 B	1.73 B	1.48 B	881 M	541 M	365 M	199 M	-	-	-	-	-

All numbers in CNY currency

Indicator range from annual reports

Maximum	Minimum	Average
3.02 B	199 M	1.56 B

Quarterly Accounts Receivables GDS Holdings Limited

2025-Q4	2024-Q4	2023-Q4	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
2.47 B	3.02 B	2.49 B	-	-	-	-	1.73 B	-	-	-	1.48 B	-	1.39 B	-	881 M	954 M	-	-	541 M	-	-	-	365 M	306 M	-	-	199 M	-	-	-	111 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in CNY currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
3.02 B	111 M	1.23 B

Accounts Receivables of other stocks in the Information technology industry

Issuer	Accounts Receivables	Price	% 24h	Market Cap	Country
FLEETCOR Technologies FLT	2.15 B	-	-0.83 %	$ 22.2 B	USA
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NCR Corporation NCR	470 M	-	3.24 %	$ 3.7 B	USA
Sabre Corporation Conv. Pref. Shrs Series A SABRP	312 M	-	-0.78 %	$ 23.3 B	USA
Accenture PLC ACN	13.1 B	$ 195.05	15.96 %	$ 121 B	Irlanda
Affirm Holdings AFRM	284 M	$ 74.75	5.62 %	$ 25.1 B	USA
C3.ai AI	137 M	$ 11.09	0.73 %	$ 1.43 B	USA
Broadridge Financial Solutions BR	1.13 B	$ 159.08	1.37 %	$ 18.5 B	USA
CACI International Inc CACI	1.71 B	$ 624.19	1.44 %	$ 13.8 B	USA
Chindata Group Holdings Limited CD	1.94 B	$ 7.51	11.42 %	$ 5.47 B	China
CDW Corporation CDW	7.56 B	$ 133.92	0.47 %	$ 17.6 B	USA
CLPS Incorporation CLPS	44.9 M	$ 1.02	0.96 %	$ 28.1 M	China
Conduent Incorporated CNDT	500 M	$ 1.64	0.61 %	$ 260 M	USA
Concentrix Corporation CNXC	2 B	$ 25.87	3.85 %	$ 1.63 B	USA
CSP CSPI	12 M	$ 7.54	1.32 %	$ 70.1 M	USA
Cognizant Technology Solutions Corporation CTSH	4.44 B	$ 58.17	0.29 %	$ 28.4 B	USA
Crexendo CXDO	4.91 M	$ 6.02	1.69 %	$ 179 B	USA
Digimarc Corporation DMRC	6.51 M	$ 6.1	0.63 %	$ 132 M	USA
DXC Technology Company DXC	2.04 B	$ 11.66	5.05 %	$ 2.11 B	USA
EPAM Systems EPAM	298 M	$ 109.95	1.53 %	$ 6.15 B	USA
ExlService Holdings EXLS	343 M	$ 35.9	0.42 %	$ 5.78 B	USA
Fidelity National Information Services FIS	1.74 B	$ 33.58	3.51 %	$ 17.4 B	USA
Fiserv FISV	3.98 B	$ 46.14	4.01 %	$ 25.2 B	USA
Genpact Limited G	1.24 B	$ 33.52	0.69 %	$ 5.83 B	Bermuda
The Hackett Group HCKT	49.8 M	$ 10.82	0.37 %	$ 295 M	USA
International Money Express IMXI	105 M	$ 11.78	2.35 %	$ 353 M	USA
Innodata INOD	46.5 M	$ 66.97	0.27 %	$ 2.13 B	USA
Gartner IT	1.68 B	$ 187.76	1.6 %	$ 14.1 B	USA
Jack Henry & Associates JKHY	349 M	$ 145.12	1.81 %	$ 10.4 B	USA
Leidos Holdings LDOS	2.71 B	$ 119.45	1.45 %	$ 15.3 B	USA
Insight Enterprises NSIT	5.52 B	$ 159.39	0.12 %	$ 5.02 B	USA
Priority Technology Holdings PRTH	91.3 M	$ 7.78	0.19 %	$ 621 M	USA
LiveRamp Holdings RAMP	213 M	$ 37.71	0.16 %	$ 2.42 B	USA
Research Solutions RSSS	6.96 M	$ 2.09	0.23 %	$ 66.4 M	USA
Sabre Corporation SABR	312 M	$ 1.93	0.25 %	$ 756 M	USA
Science Applications International Corporation SAIC	853 M	$ 126.9	1.31 %	$ 5.88 B	USA
SYNNEX Corporation SNX	11.7 B	$ 277.28	1.03 %	$ 22.8 B	USA
Teradata Corporation TDC	251 M	$ 29.91	0.2 %	$ 2.82 B	USA
Telos Corporation TLS	17 M	$ 4.43	5.73 %	$ 323 M	USA
TTEC Holdings TTEC	456 M	$ 1.38	0.36 %	$ 66.5 M	USA