Lakeland Industries (LAKE) Asset Writedowns and Impairment (2010 - 2023)
Lakeland Industries (LAKE) posted quarterly Asset Writedowns and Impairment of -$31000.0 for Q4 2023, down 206.9% year-over-year from $29000.0 in Q4 2022, and down 122.3% quarter-over-quarter from $139000.0 in Q3 2023.
Lakeland Industries (LAKE) Asset Writedowns and Impairment (2010 - 2023) Analysis & Trends
Lakeland Industries (LAKE) has reported Asset Writedowns and Impairment for 14 consecutive years, with -$31000.0 the latest figure, recorded in Q4 2023.
- In Q4 2023, Asset Writedowns and Impairment fell 206.9% year-over-year to -$31000.0; the TTM figure through Oct 2023 stood at $227000.0 (up 290.8% YoY), while the FY2025 annual figure was $184000.0, up 222.81% from the prior year.
- Asset Writedowns and Impairment declined to -$31000.0 in Q4 2023 per LAKE's latest filing, from $139000.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $173000.0 in Q2 2021 and bottomed at -$152000.0 in Q3 2021.
- Historically, Asset Writedowns and Impairment has averaged $21105.3 across 5 years, with a median of $29000.0 in 2022.
- Annual changes were most pronounced in 2021 — Asset Writedowns and Impairment tumbled 235.71% — and 2023, when it surged 400.0%.
- Lakeland Industries' Asset Writedowns and Impairment stood at $143000.0 in 2019, then slumped by 62.94% to $53000.0 in 2020, then tumbled by 139.78% to -$21086.0 in 2021, then soared by 237.53% to $29000.0 in 2022, then slumped by 206.9% to -$31000.0 in 2023.
- Business Quant data shows LAKE's Asset Writedowns and Impairment at -$31000.0 in Q4 2023, $139000.0 in Q3 2023, and $90000.0 in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ralph Lauren | 22.39 Bn | 20.45 Bn | 1.44 Bn |
| 2 | Gildan Activewear | 10.46 Bn | 10.19 Bn | 459.76 Mn |
| 3 | Levi Strauss | 8.33 Bn | 7.35 Bn | 979.10 Mn |
| 4 | V F | 5.65 Bn | 4.98 Bn | 917.04 Mn |
| 5 | Kontoor Brands | 4.50 Bn | 4.45 Bn | 328.26 Mn |
| 6 | Ermenegildo Zegna | 3.61 Bn | 3.26 Bn | - |
| 7 | Pvh | 3.61 Bn | 3.02 Bn | 1.19 Bn |
| 8 | Columbia Sportswear | 3.09 Bn | 2.46 Bn | 358.43 Mn |
| 9 | Figs | 2.46 Bn | 2.16 Bn | 147.86 Mn |
| 10 | Lakeland Industries | 111.24 Mn | 93.83 Mn | 14.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Oct 31, 2023 | -31,000.00 |
| Oct 31, 2023 | -31,000.00 |
| Jul 31, 2023 | 139,000.00 |
| Jul 31, 2023 | 139,000.00 |
| Apr 30, 2023 | 90,000.00 |
| Apr 30, 2023 | 90,000.00 |
| Oct 31, 2022 | 29,000.00 |
| Oct 31, 2022 | 29,000.00 |
| Jul 31, 2022 | 93,000.00 |
| Jul 31, 2022 | 93,000.00 |
| Apr 30, 2022 | -30,000.00 |
| Apr 30, 2022 | -30,000.00 |
| Jan 31, 2022 | -33,914.00 |
| Jan 31, 2022 | -33,914.00 |
| Oct 31, 2021 | -21,086.00 |
| Oct 31, 2021 | -21,086.00 |
| Jul 31, 2021 | -152,000.00 |
| Jul 31, 2021 | -152,000.00 |
| Apr 30, 2021 | 173,000.00 |
| Apr 30, 2021 | 173,000.00 |