Backblaze (BLZE) Accounts Payables (2020 - 2024)
Backblaze (BLZE) posted Accounts Payables of $1.5 million for Q4 2024, down 12.63% on a QoQ basis from $1.7 million in Q3 2024, and down 26.05% year-over-year from $2.0 million in Q1 2024.
Analysis
Backblaze (BLZE) Accounts Payables (2020 - 2024) Analysis & Trends
Backblaze has reported Accounts Payables for 5 years, with the latest figure at $1.5 million in Q4 2024.
- On a quarterly basis, Accounts Payables fell 26.05% year-over-year to $1.5 million in Q4 2024; TTM through Dec 2024 was $1.5 million, a 26.05% decrease from a year earlier, with the FY2024 full-year figure at $1.5 million, down 26.05% from the prior year.
- Accounts Payables was $1.5 million for Q4 2024 at Backblaze, down from $1.7 million in the prior quarter.
- The five-year high for Accounts Payables was $3.4 million in Q1 2023, with the low at $1.1 million in Q2 2024.
- Average Accounts Payables over 5 years is $2.1 million, with a median of $2.0 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Accounts Payables surged 93.73% in 2022, then tumbled 57.01% in 2024.
- Over 5 years, Accounts Payables stood at $1.7 million in 2020, then advanced by 21.35% to $2.1 million in 2021, then soared by 58.22% to $3.3 million in 2022, then sank by 39.9% to $2.0 million in 2023, then decreased by 26.05% to $1.5 million in 2024.
- The last three Accounts Payables figures came in at $1.5 million (Q4 2024), $1.7 million (Q3 2024), and $1.1 million (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,711.27 Bn | 3,578.52 Bn | 60.48 Bn | 42.42 Bn |
| 2 | International Business Machines | 221.25 Bn | 209.98 Bn | 9.91 Bn | 4.40 Bn |
| 3 | Nebius | 57.28 Bn | 49.24 Bn | 448.70 Mn | 1.30 Bn |
| 4 | CoreWeave | 49.24 Bn | 43.70 Bn | 1.70 Bn | 3.63 Bn |
| 5 | Nutanix | 18.40 Bn | 16.38 Bn | 610.79 Mn | 84.38 Mn |
| 6 | DigitalOcean Holdings | 11.81 Bn | 11.04 Bn | 154.66 Mn | 10.39 Mn |
| 7 | Kingsoft Cloud Holdings | 3.27 Bn | 2.57 Bn | 68.71 Mn | 357.44 Mn |
| 8 | SharonAI Holdings | 2.00 Bn | 139.21 Mn | 1.17 Mn | 32.41 Mn |
| 9 | Tuya | 1.16 Bn | 182.03 Mn | 43.05 Mn | 36.78 Mn |
| 10 | Backblaze | 776.06 Mn | 724.68 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 1.46 Mn |
| Sep 30, 2024 | 1.67 Mn |
| Jun 30, 2024 | 1.15 Mn |
| Mar 31, 2024 | 1.44 Mn |
| Dec 31, 2023 | 1.97 Mn |
| Sep 30, 2023 | 1.99 Mn |
| Jun 30, 2023 | 2.46 Mn |
| Mar 31, 2023 | 3.35 Mn |
| Dec 31, 2022 | 3.28 Mn |
| Sep 30, 2022 | 2.72 Mn |
| Jun 30, 2022 | 1.97 Mn |
| Mar 31, 2022 | 2.53 Mn |
| Dec 31, 2021 | 2.08 Mn |
| Sep 30, 2021 | 1.40 Mn |
| Dec 31, 2020 | 1.71 Mn |