Culp (CULP) Tax Provisions (2010 - 2023)
Culp (CULP) posted Tax Provisions of $768000.0 for Q2 2023, up 168.53% sequentially from $286000.0 in Q1 2023, and up 187.64% YoY from $267000.0 in Q2 2022.
Culp (CULP) Tax Provisions (2010 - 2023) Analysis & Trends
Culp has reported Tax Provisions for 14 years, with the latest figure at $768000.0 in Q2 2023.
- Quarterly Tax Provisions rose 187.64% year-over-year to $768000.0 in Q2 2023, while the trailing twelve-month figure through Apr 2023 was $3.1 million (up 6.9% YoY) and the FY2023 annual result came in at $3.1 million, up 6.9% from the prior year.
- Tax Provisions rose to $768000.0 in Q2 2023 per CULP's latest filing, from $286000.0 in the prior quarter.
- Over five years, Tax Provisions peaked at $7.0 million in Q3 2020 and troughed at $267000.0 in Q2 2022.
- A 5-year average of $1.5 million and a median of $1.0 million in 2021 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2020 and 2021: Tax Provisions jumped 313.71% in 2020, then tumbled 87.07% in 2021.
- Over 5 years, Tax Provisions stood at $2.3 million in 2019, then retreated by 29.22% to $1.6 million in 2020, then slumped by 72.47% to $444000.0 in 2021, then surged by 159.01% to $1.2 million in 2022, then plunged by 33.22% to $768000.0 in 2023.
- According to Business Quant data, Tax Provisions over the past three periods registered $768000.0, $286000.0, and $1.2 million for Q2 2023, Q1 2023, and Q4 2022 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Albany International | 1.68 Bn | 1.60 Bn | 107.90 Mn | 8.33 Mn |
| 2 | SMJ International Holdings | 292.82 Mn | 273.18 Mn | - | - |
| 3 | Unifi | 148.39 Mn | 119.92 Mn | 9.12 Mn | 836,000.00 |
| 4 | Culp | 42.82 Mn | 42.82 Mn | - | - |
| 5 | Ping An Biomedical | 2.51 Mn | -2.61 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2023 | 768,000.00 |
| Jan 29, 2023 | 286,000.00 |
| Oct 30, 2022 | 1.15 Mn |
| Jul 31, 2022 | 896,000.00 |
| May 1, 2022 | 267,000.00 |
| Jan 30, 2022 | 1.28 Mn |
| Oct 31, 2021 | 444,000.00 |
| Aug 1, 2021 | 905,000.00 |
| May 2, 2021 | 864,000.00 |
| Jan 31, 2021 | 899,000.00 |
| Nov 1, 2020 | 1.61 Mn |
| Aug 2, 2020 | 7.00 Mn |
| May 3, 2020 | 704,000.00 |
| Feb 2, 2020 | 1.62 Mn |
| Nov 3, 2019 | 2.28 Mn |
| Aug 4, 2019 | 1.69 Mn |
| Apr 28, 2019 | 3.09 Mn |
| Jan 27, 2019 | 1.27 Mn |
| Oct 28, 2018 | 1.27 Mn |
| Jul 29, 2018 | 906,000.00 |