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Newegg Commerce (NEGG) Asset Utilization Ratio: 2009-2024

Historic Asset Utilization Ratio for Newegg Commerce (NEGG) over the last 12 years, with FY2024 value amounting to 2.73.

  • Newegg Commerce's Asset Utilization Ratio fell 3623.2% to 0.42 in Q4 2024 from the same period last year, while for Dec 2024 it was 0.42, marking a year-over-year decrease of 3623.2%. 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 2.73 as of FY2024, which was down 518.79% from 2.88 recorded in FY2023.
  • Newegg Commerce's Asset Utilization Ratio's 5-year high stood at 7.56 during FY2020, with a 5-year trough of 2.73 in FY2024.
  • Over the past 5 years, Newegg Commerce's median Asset Utilization Ratio value was 2.94 (recorded in 2022), while the average stood at 4.02.
  • Per our database at Business Quant, Newegg Commerce's Asset Utilization Ratio tumbled by 9802.17% in 2020 and then crashed by 232.17% in 2023.
  • Over the past 5 years, Newegg Commerce's Asset Utilization Ratio (Annual) stood at 7.56 in 2020, then plummeted by 46.88% to 4.01 in 2021, then decreased by 26.65% to 2.94 in 2022, then fell by 2.32% to 2.88 in 2023, then fell by 5.19% to 2.73 in 2024.
  • Its Asset Utilization Ratio was 2.73 in FY2024, compared to 2.88 in FY2023 and 2.94 in FY2022.