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.
Analysis
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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,742.86 Bn | 2,619.88 Bn | 198.88 Bn | 1.38 |
| 2 | PDD Holdings | 116.24 Bn | -48,010.17 Bn | 9.45 Bn | 0.00 |
| 3 | Mercadolibre | 99.45 Bn | 84.25 Bn | 4.16 Bn | 0.72 |
| 4 | DoorDash | 98.02 Bn | 92.67 Bn | 2.35 Bn | 0.81 |
| 5 | Sea | 67.10 Bn | 58.70 Bn | 3.55 Bn | 0.89 |
| 6 | Ebay | 46.73 Bn | 43.42 Bn | 2.30 Bn | 0.67 |
| 7 | JD.com | 39.68 Bn | 7.13 Bn | 16.50 Bn | 3.19 |
| 8 | Coupang | 28.45 Bn | 22.34 Bn | 2.49 Bn | 2.04 |
| 9 | Wayfair | 12.37 Bn | 11.23 Bn | 1.05 Bn | 4.41 |
| 10 | Newegg Commerce | 2.70 Mn | -80.39 Mn | 39.75 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 4.10 |
| Sep 30, 2022 | 5.63 |
| Sep 30, 2021 | 2.07 |
| 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 |