Growth Metrics

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

Gap (GAP) has disclosed Asset Writedowns and Impairment for 8 consecutive years, with $1.0 million as the latest value for Q1 2024.

  • Quarterly Asset Writedowns and Impairment fell 95.65% to $1.0 million in Q1 2024 from the year-ago period, while the trailing twelve-month figure was $3.0 million through Feb 2024, down 90.91% year-over-year, with the annual reading at $3.0 million for FY2024, 90.91% down from the prior year.
  • Asset Writedowns and Impairment hit $1.0 million in Q1 2024 for Gap, roughly flat from $1.0 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $238.0 million in Q1 2020 to a low of -$4.0 million in Q3 2021.
  • Historically, Asset Writedowns and Impairment has averaged $37.0 million across 5 years, with a median of $5.0 million in 2021.
  • Biggest five-year swings in Asset Writedowns and Impairment: tumbled 96.64% in 2021 and later tumbled 40.0% in 2022.
  • Year by year, Asset Writedowns and Impairment stood at $124.0 million in 2020, then crashed by 103.23% to -$4.0 million in 2021, then surged by 275.0% to $7.0 million in 2022, then plummeted by 85.71% to $1.0 million in 2023, then changed by 0.0% to $1.0 million in 2024.
  • Business Quant data shows Asset Writedowns and Impairment for GAP at $1.0 million in Q1 2024, $1.0 million in Q3 2023, and $1.0 million in Q2 2023.