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

Global Industrial's (GIC) quarterly Asset Writedowns and Impairment came in at $800000.0 in Q3 2022, up 33.33% YoY from $600000.0 in Q3 2021, and up 60.0% on a QoQ basis from $500000.0 in Q2 2022.

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

Global Industrial (GIC) has 12 years of Asset Writedowns and Impairment data on file, last reported at $800000.0 in Q3 2022.

  • Quarterly Asset Writedowns and Impairment rose 33.33% year-over-year to $800000.0 in Q3 2022, while the trailing twelve-month figure through Sep 2022 was $2.4 million (up 4.35% YoY) and the FY2019 annual result came in at $1.0 million, up 42.86% from the prior year.
  • Asset Writedowns and Impairment climbed to $800000.0 in Q3 2022, from $500000.0 in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $800000.0 in Q2 2021 to a low of -$200000.0 in Q1 2018.
  • A 5-year average of $418750.0 and a median of $500000.0 in 2018 frame the typical range for Asset Writedowns and Impairment.
  • Annual changes were most pronounced in 2018 — Asset Writedowns and Impairment sank 300.0% — and 2020, when it soared 400.0%.
  • Tracing GIC's Asset Writedowns and Impairment over 5 years: 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 62.04 Bn 61.46 Bn 1.98 Bn
2 Fastenal 59.03 Bn 58.83 Bn 1.06 Bn
3 Ferguson Enterprises 47.99 Bn 47.17 Bn 2.32 Bn
4 Wesco International 17.78 Bn 16.97 Bn 1.46 Bn
5 Applied Industrial Technologies 13.25 Bn 13.08 Bn 380.80 Mn
6 Watsco 11.97 Bn 11.50 Bn 578.93 Mn
7 Core & Main 8.70 Bn 8.55 Bn 520.00 Mn
8 Pool 7.21 Bn 7.18 Bn 540.76 Mn
9 Msc Industrial Direct 6.76 Bn 6.69 Bn 430.41 Mn
10 Global Industrial 1.49 Bn 1.40 Bn 155.40 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