GigaCloud Technology (GCT) Asset Writedowns and Impairment (2023 - 2024)
GigaCloud Technology (GCT) posted Asset Writedowns and Impairment of $66000.0 for Q3 2024, down 72.95% on a QoQ basis from $244000.0 in Q2 2024, and down 70.8% year-over-year from $226000.0 in Q4 2023.
Analysis
GigaCloud Technology (GCT) Asset Writedowns and Impairment (2023 - 2024) Analysis & Trends
GigaCloud Technology has reported Asset Writedowns and Impairment for 2 years, with the latest figure at $66000.0 in Q3 2024.
- On a quarterly basis, Asset Writedowns and Impairment fell 70.8% year-over-year to $66000.0 in Q3 2024; TTM through Sep 2024 was $397000.0, a N/A change from a year earlier, with the FY2023 full-year figure at $671000.0, up 111.01% from the prior year.
- Asset Writedowns and Impairment was $66000.0 for Q3 2024 at GigaCloud Technology, down from $244000.0 in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $304000.0 in Q1 2024, with the low at -$217000.0 in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,716.16 Bn | 2,593.17 Bn | 198.88 Bn |
| 2 | JD.com | 38.53 Bn | 5.98 Bn | 16.50 Bn |
| 3 | Coupang | 26.53 Bn | 20.42 Bn | 2.49 Bn |
| 4 | Wayfair | 13.21 Bn | 12.07 Bn | 1.05 Bn |
| 5 | Pattern | 3.50 Bn | 3.15 Bn | 384.36 Mn |
| 6 | GigaCloud Technology | 1.91 Bn | 1.53 Bn | 105.56 Mn |
| 7 | Revolve | 1.40 Bn | 1.07 Bn | 196.67 Mn |
| 8 | Yunji | 1.00 Bn | 975.85 Mn | - |
| 9 | ATRenew | 650.91 Mn | 389.79 Mn | -705.59 Mn |
| 10 | Stitch Fix | 391.79 Mn | 204.98 Mn | 148.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 66,000.00 |
| Jun 30, 2024 | 244,000.00 |
| Mar 31, 2024 | 304,000.00 |
| Dec 31, 2023 | -217,000.00 |
| Sep 30, 2023 | 226,000.00 |
| Jun 30, 2023 | -52,000.00 |
| Mar 31, 2023 | 242,000.00 |