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| 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 |