Gap (GAP) Asset Writedowns and Impairment (2016 - 2024)

Gap has reported Asset Writedowns and Impairment for 8 years, with the latest figure at $1.0 million in Q1 2024.

• Quarterly Asset Writedowns and Impairment fell 50.0% year-over-year to $1.0 million in Q1 2024, while the trailing twelve-month figure through Feb 2024 was $3.0 million (down 83.33% YoY) and the FY2025 annual result came in at $1.0 million, down 66.67% from the prior year.
• Asset Writedowns and Impairment held at $1.0 million in Q1 2024 per GAP's latest filing, from $1.0 million in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $360.0 million in Q2 2020 and troughed at -$226.0 million in Q1 2021.
• A 5-year average of $14.7 million and a median of $1.0 million in 2021 frame the typical range for Asset Writedowns and Impairment.
• The sharpest annual moves came in 2021 and 2022: Asset Writedowns and Impairment slumped 22500.0% in 2021, then jumped 103.1% in 2022.
• Over 5 years, Asset Writedowns and Impairment stood at $360.0 million in 2020, then plunged by 99.72% to $1.0 million in 2021, then soared by 1200.0% to $13.0 million in 2022, then plunged by 92.31% to $1.0 million in 2023, then changed by 0.0% to $1.0 million in 2024.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $1.0 million, $1.0 million, and $1.0 million for Q1 2024, Q3 2023, and Q2 2023 respectively.