GigaCloud Technology (GCT) Asset Writedowns and Impairment (2023 - 2024)
GigaCloud Technology (GCT) posted quarterly Asset Writedowns and Impairment of $66000.0 for Q3 2024, down 70.8% year-over-year from $226000.0 in Q4 2023, and down 72.95% on a QoQ basis from $244000.0 in Q2 2024.
GigaCloud Technology (GCT) Asset Writedowns and Impairment (2023 - 2024) Analysis & Trends
GigaCloud Technology (GCT) has reported Asset Writedowns and Impairment for 2 consecutive years, with $66000.0 the latest figure, recorded in 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 came in at $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 $442000.0 in Q4 2023, with the low at -$52000.0 in Q2 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn |
| 10 | GigaCloud Technology | 1.21 Bn | 851.76 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 |