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

Gap has disclosed Asset Writedowns and Impairment across 8 years of filings, most recently posting $3.0 million for Q1 2024.

• Asset Writedowns and Impairment for Q1 2024 came in at $3.0 million, down 82.35% year-over-year; the trailing twelve-month figure through Feb 2024 was $3.0 million (down 90.91% YoY), and the FY2024 annual result was $3.0 million, down 90.91% from the prior year.
• Asset Writedowns and Impairment came in at $3.0 million for Q1 2024 at Gap, up from -$2.0 million in the prior quarter.
• In the past five years, Asset Writedowns and Impairment ranged from a high of $264.0 million in Q1 2021 to a low of -$5.0 million in Q4 2021.
• The 5-year median for Asset Writedowns and Impairment is $3.0 million (2022), against an average of $30.8 million.
• Across the five-year window, Asset Writedowns and Impairment jumped 26500.0% in 2021 and sank 115.38% in 2023, its largest moves.
• Gap's Asset Writedowns and Impairment stood at $124.0 million in 2020, then sank by 104.03% to -$5.0 million in 2021, then soared by 360.0% to $13.0 million in 2022, then tumbled by 115.38% to -$2.0 million in 2023, then surged by 250.0% to $3.0 million in 2024.
• The last three Asset Writedowns and Impairment figures came in at $3.0 million (Q1 2024), -$2.0 million (Q4 2023), and $1.0 million (Q3 2023), per Business Quant data.