Newegg Commerce (NEGG) Asset Utilization Ratio (2020 - 2023)
Historic Asset Utilization Ratio for Newegg Commerce (NEGG) over the last 9 years, with Q4 2024 value amounting to 1.71.
- Newegg Commerce's Asset Utilization Ratio fell 3755.25% to 1.71 in Q4 2024 from the same period last year, while for Dec 2024 it was 1.71, marking a year-over-year decrease of 3755.25%. This contributed to the annual value of 2.73 for FY2024, which is 518.79% down from last year.
- Latest data reveals that Newegg Commerce reported Asset Utilization Ratio of 1.71 as of Q4 2024, which was down 3755.25% from 2.73 recorded in Q4 2023.
- Newegg Commerce's Asset Utilization Ratio's 5-year high stood at 5.89 during Q3 2022, with a 5-year trough of 1.69 in Q2 2023.
- In the last 4 years, Newegg Commerce's Asset Utilization Ratio had a median value of 2.7 in 2023 and averaged 3.08.
- As far as peak fluctuations go, Newegg Commerce's Asset Utilization Ratio surged by 8010.45% in 2022, and later tumbled by 5466.45% in 2023.
- Newegg Commerce's Asset Utilization Ratio (Quarter) stood at 3.19 in 2021, then skyrocketed by 68.41% to 5.37 in 2022, then crashed by 49.13% to 2.73 in 2023, then plummeted by 37.55% to 1.71 in 2024.
- Its Asset Utilization Ratio stands at 1.71 for Q4 2024, versus 2.73 for Q4 2023 and 2.67 for Q3 2023.