Culp (CULP) Tax Provisions (2010 - 2023)

Culp's (CULP) quarterly Tax Provisions came in at $768000.0 in Q2 2023, up 168.53% year-on-year from $286000.0 in Q2 2022, and up 168.53% quarter-over-quarter from $286000.0 in Q1 2023.

Culp (CULP) Tax Provisions (2010 - 2023) Analysis & Trends

Culp has disclosed Tax Provisions across 14 years of filings, most recently posting $768000.0 for Q2 2023.

  • Tax Provisions for Q2 2023 came in at $768000.0, up 168.53% year-over-year; the trailing twelve-month figure through Apr 2023 was $3.1 million (up 6.2% YoY), and the FY2023 annual result was $3.1 million, up 7.42% from the prior year.
  • Tax Provisions came in at $768000.0 for Q2 2023 at Culp, up from $286000.0 in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $7.0 million in Q3 2020 to a low of $286000.0 in Q2 2022.
  • The 5-year median for Tax Provisions is $1.0 million (2021), against an average of $1.5 million.
  • Across the five-year window, Tax Provisions soared 311.76% in 2020 and tumbled 87.07% in 2021, its largest moves.
  • Culp's Tax Provisions stood at $2.3 million in 2019, then declined by 29.22% to $1.6 million in 2020, then slumped by 72.47% to $444000.0 in 2021, then soared by 159.01% to $1.2 million in 2022, then plunged by 33.22% to $768000.0 in 2023.
  • The last three Tax Provisions figures came in at $768000.0 (Q2 2023), $286000.0 (Q1 2023), and $1.2 million (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Albany International 1.97 Bn 1.85 Bn 99.79 Mn 7.65 Mn
2 Unifi 74.74 Mn 46.27 Mn 9.12 Mn 836,000.00
3 Ping An Biomedical 476,878.78 -4.65 Mn - -
4 Culp - - 5.32 Mn -

Historic Data

Download Data
DateValue
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 286,000.00
Jan 30, 2022 1.28 Mn
Oct 31, 2021 444,000.00
Aug 1, 2021 905,000.00
May 2, 2021 857,000.00
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 1.70 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