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Newegg Commerce (Newegg Commerce) Gross-Profit-to-Asset % : 43.10% (As of Dec. 2023)


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What is Newegg Commerce Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Newegg Commerce's annualized Gross Profit for the quarter that ended in Dec. 2023 was $197.7 Mil. Newegg Commerce's average Total Assets over the quarter that ended in Dec. 2023 was $458.8 Mil. Therefore, Newegg Commerce's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 43.10%.


Newegg Commerce Gross-Profit-to-Asset % Historical Data

The historical data trend for Newegg Commerce's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

Newegg Commerce Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
- 49.08 55.06 37.07 32.19

Newegg Commerce Quarterly Data
Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.81 46.37 - 34.33 43.10

Competitive Comparison of Newegg Commerce's Gross-Profit-to-Asset %

For the Internet Retail subindustry, Newegg Commerce's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Newegg Commerce's Gross-Profit-to-Asset % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Newegg Commerce's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Newegg Commerce's Gross-Profit-to-Asset % falls into.



Newegg Commerce Gross-Profit-to-Asset % Calculation

Newegg Commerce's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=167.557/( (542.095+499.047)/ 2 )
=167.557/520.571
=32.19 %

Newegg Commerce's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=197.72/( (418.518+499.047)/ 2 )
=197.72/458.7825
=43.10 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Newegg Commerce Gross-Profit-to-Asset % Related Terms

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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.