GigaCloud Technology (GCT) Asset Writedowns and Impairment: 2021-2024
Historic Asset Writedowns and Impairment for GigaCloud Technology (GCT) over the last 3 years, with Sep 2024 value amounting to $66,000.
- GigaCloud Technology's Asset Writedowns and Impairment fell 70.80% to $66,000 in Q3 2024 from the same period last year, while for Sep 2024 it was $397,000, marking a year-over-year increase of 123.03%. This contributed to the annual value of $671,000 for FY2023, which is 111.01% up from last year.
- As of Q3 2024, GigaCloud Technology's Asset Writedowns and Impairment stood at $66,000, which was down 72.95% from $244,000 recorded in Q2 2024.
- GigaCloud Technology's 5-year Asset Writedowns and Impairment high stood at $2.1 million for Q2 2022, and its period low was -$2.4 million during Q3 2022.
- For the 3-year period, GigaCloud Technology's Asset Writedowns and Impairment averaged around $102,818, with its median value being $226,000 (2023).
- Per our database at Business Quant, GigaCloud Technology's Asset Writedowns and Impairment tumbled by 523.08% in 2022 and then spiked by 569.23% in 2024.
- Quarterly analysis of 4 years shows GigaCloud Technology's Asset Writedowns and Impairment stood at $670,000 in 2021, then tumbled by 135.52% to -$238,000 in 2022, then grew by 8.82% to -$217,000 in 2023, then plummeted by 70.80% to $66,000 in 2024.
- Its last three reported values are $66,000 in Q3 2024, $244,000 for Q2 2024, and $304,000 during Q1 2024.