GigaCloud Technology (GCT) Change in Account Payables (2023 - 2024)
GigaCloud Technology (GCT) recorded quarterly Change in Account Payables of -$13.0 million in Q3 2024, down 87.24% quarter-over-quarter from -$7.0 million in Q2 2024, and down 340.08% on a YoY basis from $5.4 million in Q4 2023.
GigaCloud Technology (GCT) Change in Account Payables (2023 - 2024) Analysis & Trends
GigaCloud Technology's Change in Account Payables history runs 2 years deep, the most recent figure standing at -$13.0 million for Q3 2024.
- In Q3 2024, Change in Account Payables fell 340.08% year-over-year to -$13.0 million; the TTM figure through Sep 2024 stood at $14.6 million (changed N/A YoY), while the FY2023 annual figure was $26.0 million, up 293.17% from the prior year.
- Change in Account Payables was -$13.0 million for Q3 2024 at GigaCloud Technology, down from -$7.0 million in the prior quarter.
- In the past five years, Change in Account Payables ranged from a high of $17.7 million in Q4 2023 to a low of -$13.0 million in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 2.32 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 819.00 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | - |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 42.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | -1.64 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | -26.00 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | - |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -17.30 Mn |
| 10 | GigaCloud Technology | 1.20 Bn | 837.09 Mn | 85.85 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -13.04 Mn |
| Sep 30, 2024 | -13.04 Mn |
| Jun 30, 2024 | -6.97 Mn |
| Jun 30, 2024 | -6.97 Mn |
| Mar 31, 2024 | 16.88 Mn |
| Mar 31, 2024 | 16.88 Mn |
| Dec 31, 2023 | 17.68 Mn |
| Dec 31, 2023 | 17.68 Mn |
| Sep 30, 2023 | 5.43 Mn |
| Sep 30, 2023 | 5.43 Mn |
| Jun 30, 2023 | 1.18 Mn |
| Jun 30, 2023 | 1.18 Mn |
| Mar 31, 2023 | 1.74 Mn |
| Mar 31, 2023 | 1.74 Mn |