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| Date | Value |
|---|---|
| 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 |