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

Gap's Asset Writedowns and Impairment history spans 8 years, with the latest figure at $1.0 million for Q3 2023.

  • For Q3 2023, Asset Writedowns and Impairment changed N/A year-over-year to $1.0 million; the TTM value through Jul 2023 reached $32.0 million, up 966.67%, while the annual FY2024 figure was $3.0 million, 90.91% down from the prior year.
  • Asset Writedowns and Impairment for Q3 2023 was $1.0 million at Gap, roughly flat from $1.0 million in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $234.0 million in Q4 2020 and bottomed at -$5.0 million in Q1 2022.
  • The 5-year median for Asset Writedowns and Impairment is $5.0 million (2021), against an average of $35.0 million.
  • The largest annual shift saw Asset Writedowns and Impairment surged 23300.0% in 2020 before it plummeted 233.33% in 2021.
  • A 5-year view of Asset Writedowns and Impairment shows it stood at $1.0 million in 2019, then soared by 23300.0% to $234.0 million in 2020, then crashed by 97.86% to $5.0 million in 2021, then soared by 160.0% to $13.0 million in 2022, then crashed by 92.31% to $1.0 million in 2023.
  • Per Business Quant, the three most recent readings for GAP's Asset Writedowns and Impairment are $1.0 million (Q3 2023), $1.0 million (Q2 2023), and $17.0 million (Q1 2023).