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Newegg Commerce (Newegg Commerce) Accounts Payable & Accrued Expense : $243.8 Mil (As of Dec. 2023)


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What is Newegg Commerce Accounts Payable & Accrued Expense?

Newegg Commerce's quarterly accounts payable & accrued expense increased from Jun. 2023 ($159.6 Mil) to Sep. 2023 ($174.1 Mil) and increased from Sep. 2023 ($174.1 Mil) to Dec. 2023 ($243.8 Mil).

Newegg Commerce's annual accounts payable & accrued expense declined from Dec. 2021 ($286.4 Mil) to Dec. 2022 ($249.5 Mil) and declined from Dec. 2022 ($249.5 Mil) to Dec. 2023 ($243.8 Mil).


Newegg Commerce Accounts Payable & Accrued Expense Historical Data

The historical data trend for Newegg Commerce's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Newegg Commerce Accounts Payable & Accrued Expense Chart

Newegg Commerce Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
- 312.80 286.36 249.49 243.76

Newegg Commerce Quarterly Data
Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 182.95 249.49 159.60 174.11 243.76

Newegg Commerce Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


Newegg Commerce (Newegg Commerce) Business Description

Traded in Other Exchanges
Address
17560 Rowland Street, City of Industry, CA, USA, 91748
Newegg Commerce Inc is an e-commerce company offering direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home and gaming products and provides certain third-party logistics services globally.