Newegg Commerce (NEGG) Change in Accured Expenses (2010 - 2023)
Newegg Commerce (NEGG) posted Change in Accured Expenses of $14.5 million for Q4 2023, up 303.21% sequentially from -$7.1 million in Q3 2023, and up 1407.66% YoY from $962751.7 in Q4 2022.
Newegg Commerce (NEGG) Change in Accured Expenses (2010 - 2023) Analysis & Trends
Newegg Commerce has reported Change in Accured Expenses for 9 years, with the latest figure at $14.5 million in Q4 2023.
- Quarterly Change in Accured Expenses rose 1407.66% year-over-year to $14.5 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was -$2.6 million (down 106.08% YoY) and the FY2025 annual result came in at -$4.4 million, up 47.99% from the prior year.
- Change in Accured Expenses climbed to $14.5 million in Q4 2023 per NEGG's latest filing, from -$7.1 million in the prior quarter.
- Over five years, Change in Accured Expenses peaked at $53.5 million in Q4 2021 and troughed at -$8.9 million in Q3 2022.
- A 4-year average of $12.2 million and a median of $3.2 million in 2020 frame the typical range for Change in Accured Expenses.
- The sharpest annual moves came in 2022 and 2023: Change in Accured Expenses tumbled 1208.26% in 2022, then soared 1407.66% in 2023.
- Over 4 years, Change in Accured Expenses stood at $40.4 million in 2020, then jumped by 32.55% to $53.5 million in 2021, then sank by 102.07% to -$1.1 million in 2022, then jumped by 1407.66% to $14.5 million in 2023.
- According to Business Quant data, Change in Accured Expenses over the past three periods registered $14.5 million, -$7.1 million, and -$1.1 million for Q4 2023, Q3 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,932.72 Bn | 2,809.73 Bn | 198.88 Bn | -10.06 Bn |
| 2 | PDD Holdings | 506.17 Bn | 446.63 Bn | 9.83 Bn | - |
| 3 | Mercadolibre | 98.11 Bn | 82.91 Bn | 4.16 Bn | 698.00 Mn |
| 4 | DoorDash | 93.31 Bn | 87.96 Bn | 2.35 Bn | 111.00 Mn |
| 5 | JD.com | 87.04 Bn | 57.85 Bn | 7.66 Bn | - |
| 6 | Sea | 78.13 Bn | 69.61 Bn | 3.15 Bn | - |
| 7 | Ebay | 47.28 Bn | 43.97 Bn | 2.30 Bn | - |
| 8 | Coupang | 29.64 Bn | 23.53 Bn | 2.49 Bn | -297.00 Mn |
| 9 | Zkh | 16.25 Bn | 16.25 Bn | 51.11 Mn | - |
| 10 | Newegg Commerce | 375,427.83 | -108.27 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 14.52 Mn |
| Dec 31, 2023 | 14.52 Mn |
| Sep 30, 2023 | -7.14 Mn |
| Sep 30, 2023 | -7.14 Mn |
| Dec 31, 2022 | -1.11 Mn |
| Dec 31, 2022 | -1.11 Mn |
| Sep 30, 2022 | -8.87 Mn |
| Sep 30, 2022 | -8.87 Mn |
| Dec 31, 2021 | 53.53 Mn |
| Dec 31, 2021 | 53.53 Mn |
| Sep 30, 2021 | -678,000.00 |
| Sep 30, 2021 | -678,000.00 |
| Dec 31, 2020 | 40.38 Mn |
| Dec 31, 2020 | 40.38 Mn |
| Sep 30, 2020 | 7.11 Mn |
| Sep 30, 2020 | 7.11 Mn |
| Jun 30, 2018 | 584,829.00 |
| Jun 30, 2018 | 584,829.00 |
| Dec 31, 2017 | 762,873.00 |
| Dec 31, 2017 | 762,873.00 |