NEGG (Newegg Commerce) Change In Inventory : $0.0 Mil (TTM As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Newegg Commerce Change In Inventory?

Newegg Commerce's change in inventory for the quarter that ended in Jun. 2024 was $0.0 Mil. It means Newegg Commerce's inventory stayed the same from Dec. 2023 to Jun. 2024 .

Newegg Commerce's change in inventory for the fiscal year that ended in Dec. 2023 was $16.8 Mil. It means Newegg Commerce's inventory declined by $16.8 Mil from Dec. 2022 to Dec. 2023 .

Newegg Commerce's Total Inventories for the quarter that ended in Jun. 2024 was $132.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory Turnover measures how fast the company turns over its inventory within a year. Newegg Commerce's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.00.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Newegg Commerce Change In Inventory Historical Data

The historical data trend for Newegg Commerce's Change In Inventory 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.

* Premium members only.

Newegg Commerce Change In Inventory Chart

Newegg Commerce Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

110.14

-76.24

-70.83

78.77

16.78

Newegg Commerce Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial									-	-	-	-	-

Newegg Commerce Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

Newegg Commerce (NAS:NEGG) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Newegg Commerce's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	134.075	/	0	*	365 / 4
	=	N/A

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Newegg Commerce's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	134.075
	=	0.00

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Newegg Commerce's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	134.075	/	0
	=	N/A

Newegg Commerce Change In Inventory Related Terms

Thank you for viewing the detailed overview of Newegg Commerce's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Newegg Commerce Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Newegg Commerce Inc (NAS:NEGG) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

17560 Rowland Street, City of Industry, CA, USA, 91748

Website

https://www.newegg.com

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.