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% quarter-over-quarter from $244000.0 in Q2 2024.
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 for Q3 2024 stood at $66000.0, 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | GigaCloud Technology | 1.79 Bn | 1.42 Bn | 105.56 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 | 242,000.00 |
| Mar 31, 2023 | 242,000.00 |