Global Industrial (GIC) Asset Writedowns and Impairment (2011 - 2022)

Global Industrial (GIC) reported Asset Writedowns and Impairment of $800000.0 for Q3 2022, up 33.33% on a YoY basis from $600000.0 in Q3 2021, and up 60.0% quarter-over-quarter from $500000.0 in Q2 2022.

Global Industrial (GIC) Asset Writedowns and Impairment (2011 - 2022) Analysis & Trends

Global Industrial has reported Asset Writedowns and Impairment for 12 years, with the latest figure at $800000.0 in Q3 2022.

  • For the quarter ending Q3 2022, Asset Writedowns and Impairment rose 33.33% year-over-year to $800000.0; the trailing twelve-month figure through Sep 2022 stood at $2.4 million (up 4.35% YoY), and the FY2019 full-year result was $1.0 million, up 42.86% from the prior year.
  • Asset Writedowns and Impairment for Q3 2022 stood at $800000.0, up from $500000.0 in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $800000.0 in Q2 2021, with the low at -$200000.0 in Q1 2018.
  • Historically, Asset Writedowns and Impairment has averaged $418750.0 across 5 years, with a median of $500000.0 in 2018.
  • Annual changes were most pronounced in 2018 — Asset Writedowns and Impairment sank 300.0% — and 2020, when it soared 400.0%.
  • Global Industrial's Asset Writedowns and Impairment stood at $500000.0 in 2018, then rose by 20.0% to $600000.0 in 2019, then fell by 16.67% to $500000.0 in 2020, then rose by 20.0% to $600000.0 in 2021, then jumped by 33.33% to $800000.0 in 2022.
  • The last three Asset Writedowns and Impairment figures came in at $800000.0 (Q3 2022), $500000.0 (Q2 2022), and $500000.0 (Q1 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 W.W. Grainger 63.64 Bn 63.46 Bn 1.75 Bn
2 Fastenal 53.18 Bn 52.87 Bn 982.90 Mn
3 Ferguson Enterprises 45.51 Bn 44.69 Bn 2.32 Bn
4 Wesco International 17.33 Bn 16.62 Bn 1.29 Bn
5 Watsco 14.65 Bn 14.51 Bn 427.56 Mn
6 Qxo 12.24 Bn 9.19 Bn 409.30 Mn
7 Applied Industrial Technologies 11.99 Bn 11.82 Bn 380.80 Mn
8 Core & Main 9.98 Bn 9.84 Bn 428.00 Mn
9 Pool 7.00 Bn 6.92 Bn 329.87 Mn
10 Global Industrial 1.19 Bn 1.13 Bn 121.90 Mn

Historic Data

Download Data
DateValue
Sep 30, 2022 800,000.00
Sep 30, 2022 800,000.00
Jun 30, 2022 500,000.00
Jun 30, 2022 500,000.00
Mar 31, 2022 500,000.00
Mar 31, 2022 500,000.00
Sep 30, 2021 600,000.00
Sep 30, 2021 600,000.00
Jun 30, 2021 800,000.00
Jun 30, 2021 800,000.00
Mar 31, 2021 400,000.00
Mar 31, 2021 400,000.00
Sep 30, 2020 500,000.00
Sep 30, 2020 500,000.00
Jun 30, 2020 700,000.00
Jun 30, 2020 700,000.00
Mar 31, 2020 200,000.00
Mar 31, 2020 200,000.00
Dec 31, 2019 600,000.00
Dec 31, 2019 600,000.00