Newegg Commerce (NEGG) Asset Utilization Ratio (2011 - 2023)
Newegg Commerce (NEGG) posted Asset Utilization Ratio of 3.5 for Q4 2023, down 15.47% sequentially from 4.13 in Q3 2023, and down 52.57% YoY from 7.37 in Q4 2022.
Newegg Commerce (NEGG) Asset Utilization Ratio (2011 - 2023) Analysis & Trends
Newegg Commerce has reported Asset Utilization Ratio for 5 years, with the latest figure at 3.5 in Q4 2023.
- Quarterly Asset Utilization Ratio fell 52.57% year-over-year to 3.5 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 3.5 (down 52.57% YoY) and the FY2025 annual result came in at 3.3, up 20.93% from the prior year.
- Asset Utilization Ratio declined to 3.5 in Q4 2023 per NEGG's latest filing, from 4.13 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 8.6 in Q3 2022 and troughed at 3.28 in Q3 2021.
- A 3-year average of 5.17 and a median of 4.14 in 2021 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio soared 162.1% in 2022, then slumped 52.57% in 2023.
- Over 3 years, Asset Utilization Ratio stood at 4.14 in 2021, then soared by 78.05% to 7.37 in 2022, then plunged by 52.57% to 3.5 in 2023.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 3.5, 4.13, and 7.37 for Q4 2023, Q3 2023, and Q4 2022 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,931.64 Bn | 2,808.66 Bn | 198.88 Bn | 1.38 |
| 2 | PDD Holdings | 506.17 Bn | 446.63 Bn | 9.83 Bn | 0.00 |
| 3 | Mercadolibre | 98.29 Bn | 83.09 Bn | 4.16 Bn | 0.72 |
| 4 | DoorDash | 92.11 Bn | 86.76 Bn | 2.35 Bn | 0.81 |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | 3.27 |
| 6 | Sea | 78.22 Bn | 69.70 Bn | 3.15 Bn | 0.50 |
| 7 | Ebay | 47.18 Bn | 43.87 Bn | 2.30 Bn | 0.67 |
| 8 | Coupang | 29.74 Bn | 23.63 Bn | 2.49 Bn | 2.04 |
| 9 | Zkh | 16.36 Bn | 16.36 Bn | 51.11 Mn | 2,865.04 |
| 10 | Newegg Commerce | 383,976.26 | -108.26 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 3.50 |
| Sep 30, 2023 | 4.13 |
| Dec 31, 2022 | 7.37 |
| Sep 30, 2022 | 8.60 |
| Dec 31, 2021 | 4.14 |
| Sep 30, 2021 | 3.28 |
| Dec 31, 2012 | 0.56 |
| Sep 30, 2012 | 0.57 |
| Jun 30, 2012 | 0.61 |
| Mar 31, 2012 | 0.64 |
| Dec 31, 2011 | 0.55 |
| Sep 30, 2011 | 0.53 |