Newegg Commerce (NEGG) Asset Utilization Ratio (2011 - 2023)
Newegg Commerce's (NEGG) quarterly Asset Utilization Ratio came in at 3.5 in Q4 2023, down 52.57% year-on-year from 7.37 in Q4 2022, and down 15.47% quarter-over-quarter from 4.13 in Q3 2023.
Newegg Commerce (NEGG) Asset Utilization Ratio (2011 - 2023) Analysis & Trends
Newegg Commerce has disclosed Asset Utilization Ratio across 5 years of filings, most recently posting 3.5 for Q4 2023.
- Asset Utilization Ratio for Q4 2023 came in at 3.5, down 52.57% year-over-year; the trailing twelve-month figure through Dec 2023 was 3.5 (down 52.57% YoY), and the FY2025 annual result was 3.3, up 20.93% from the prior year.
- Asset Utilization Ratio came in at 3.5 for Q4 2023 at Newegg Commerce, down from 4.13 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 8.6 in Q3 2022 to a low of 3.28 in Q3 2021.
- The 3-year median for Asset Utilization Ratio is 4.14 (2021), against an average of 5.17.
- Across the five-year window, Asset Utilization Ratio jumped 162.1% in 2022 and slumped 52.57% in 2023, its largest moves.
- Newegg Commerce's Asset Utilization Ratio stood at 4.14 in 2021, then jumped by 78.05% to 7.37 in 2022, then plunged by 52.57% to 3.5 in 2023.
- The last three Asset Utilization Ratio figures came in at 3.5 (Q4 2023), 4.13 (Q3 2023), and 7.37 (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 0.79 |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 0.71 |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 0.75 |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 0.00 |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 0.66 |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 2.00 |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 2,865.04 |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | 4.01 |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 1.07 |
| 10 | Newegg Commerce | - | - | - | - |
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 |