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
DateValue
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