Newegg Commerce, Inc. (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, Inc. (NEGG) Asset Utilization Ratio (2011 - 2023) Analysis & Trends
Newegg Commerce (NEGG) has 5 years of Asset Utilization Ratio data on file, last reported 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.
- The five-year high for Asset Utilization Ratio was 8.6 in Q3 2022, with the low at 3.28 in Q3 2021.
- Average Asset Utilization Ratio over 3 years is 5.17, with a median of 4.14 recorded in 2021.
- Year-over-year, Asset Utilization Ratio surged 162.1% in 2022 and plunged 52.57% in 2023.
- Newegg Commerce's Asset Utilization Ratio stood at 4.14 in 2021, then jumped by 78.05% to 7.37 in 2022, then sank by 52.57% to 3.5 in 2023.
- Business Quant data shows NEGG's Asset Utilization Ratio at 3.5 in Q4 2023, 4.13 in Q3 2023, and 7.37 in Q4 2022.
Peer Comparison
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 |