GigaCloud Technology (GCT) Change in Account Payables (2023 - 2024)
GigaCloud Technology (GCT) posted quarterly Change in Account Payables of -$13.0 million for Q3 2024, down 340.08% year-over-year from $5.4 million in Q4 2023, and down 87.24% quarter-over-quarter from -$7.0 million in Q2 2024.
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 for Q3 2024 stood at -$13.0 million, down from -$7.0 million in the prior quarter.
- The five-year high for Change in Account Payables was $17.7 million in Q4 2023, with the low at -$13.0 million in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 2.37 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | - |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 10.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 75.70 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 18.50 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | - |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | - |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 163.50 Mn |
| 10 | GigaCloud Technology | 1.79 Bn | 1.42 Bn | 105.56 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 |