GigaCloud Technology (GCT) Asset Writedowns and Impairment (2023 - 2024)
GigaCloud Technology (GCT) recorded quarterly Asset Writedowns and Impairment of $66000.0 in Q3 2024, down 72.95% quarter-over-quarter from $244000.0 in Q2 2024, and down 70.8% on a YoY basis from $226000.0 in Q4 2023.
GigaCloud Technology (GCT) Asset Writedowns and Impairment (2023 - 2024) Analysis & Trends
GigaCloud Technology's Asset Writedowns and Impairment history runs 2 years deep, the most recent figure standing at $66000.0 for Q3 2024.
- In Q3 2024, Asset Writedowns and Impairment fell 70.8% year-over-year to $66000.0; the TTM figure through Sep 2024 stood at $1.1 million (changed N/A YoY), while the FY2023 annual figure was $671000.0, up 680.23% 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.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $442000.0 in Q4 2023 to a low of -$52000.0 in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn |
| 10 | GigaCloud Technology | 1.20 Bn | 837.09 Mn | 85.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 66,000.00 |
| Sep 30, 2024 | 66,000.00 |
| Jun 30, 2024 | 244,000.00 |
| Jun 30, 2024 | 244,000.00 |
| Mar 31, 2024 | 304,000.00 |
| Mar 31, 2024 | 304,000.00 |
| Dec 31, 2023 | 442,000.00 |
| Dec 31, 2023 | 442,000.00 |
| Sep 30, 2023 | 226,000.00 |
| Sep 30, 2023 | 226,000.00 |
| Jun 30, 2023 | -52,000.00 |
| Jun 30, 2023 | -52,000.00 |
| Mar 31, 2023 | 55,000.00 |
| Mar 31, 2023 | 55,000.00 |