Insight Enterprises (NSIT) Long-Term Deferred Tax (2010 - 2019)
Insight Enterprises (NSIT) posted quarterly Long-Term Deferred Tax of $3.0 million for Q3 2019, down 78.13% year-over-year from $13.8 million in Q3 2018, and down 54.4% quarter-over-quarter from $6.6 million in Q2 2019.
Insight Enterprises (NSIT) Long-Term Deferred Tax (2010 - 2019) Analysis & Trends
Insight Enterprises (NSIT) has reported Long-Term Deferred Tax for 10 consecutive years, with $3.0 million the latest figure, recorded in Q3 2019.
- In Q3 2019, Long-Term Deferred Tax fell 78.13% year-over-year to $3.0 million; the TTM figure through Sep 2019 stood at $3.0 million (down 78.13% YoY), while the FY2018 annual figure was $8.0 million, down 53.31% from the prior year.
- Long-Term Deferred Tax declined to $3.0 million in Q3 2019 per NSIT's latest filing, from $6.6 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $63.0 million in Q4 2015 and bottomed at $3.0 million in Q3 2019.
- Historically, Long-Term Deferred Tax has averaged $36.3 million across 5 years, with a median of $40.4 million in 2017.
- Annual changes were most pronounced in 2016 — Long-Term Deferred Tax grew 7.7% — and 2019, when it slumped 78.13%.
- Insight Enterprises' Long-Term Deferred Tax stood at $63.0 million in 2015, then dropped by 16.89% to $52.3 million in 2016, then tumbled by 67.4% to $17.1 million in 2017, then plunged by 53.31% to $8.0 million in 2018, then slumped by 62.01% to $3.0 million in 2019.
- Business Quant data shows NSIT's Long-Term Deferred Tax at $3.0 million in Q3 2019, $6.6 million in Q2 2019, and $7.3 million in Q1 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Td Synnex | 20.32 Bn | 19.23 Bn | 1.34 Bn |
| 2 | Arrow Electronics | 10.56 Bn | 10.32 Bn | 1.13 Bn |
| 3 | Avnet | 7.90 Bn | 7.70 Bn | 739.06 Mn |
| 4 | Insight Enterprises | 4.59 Bn | 4.23 Bn | 521.60 Mn |
| 5 | Pc Connection | 2.04 Bn | 1.70 Bn | 157.47 Mn |
| 6 | Scansource | 1.12 Bn | 995.77 Mn | 107.12 Mn |
| 7 | Climb Global Solutions | 502.13 Mn | 445.57 Mn | 30.16 Mn |
| 8 | Surge Components | 22.13 Mn | 7.09 Mn | 2.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2019 | 3.03 Mn |
| Jun 30, 2019 | 6.64 Mn |
| Mar 31, 2019 | 7.35 Mn |
| Dec 31, 2018 | 7.97 Mn |
| Sep 30, 2018 | 13.84 Mn |
| Jun 30, 2018 | 14.94 Mn |
| Mar 31, 2018 | 16.02 Mn |
| Dec 31, 2017 | 17.06 Mn |
| Sep 30, 2017 | 40.18 Mn |
| Jun 30, 2017 | 40.43 Mn |
| Mar 31, 2017 | 49.51 Mn |
| Dec 31, 2016 | 52.35 Mn |
| Sep 30, 2016 | 59.03 Mn |
| Jun 30, 2016 | 61.21 Mn |
| Mar 31, 2016 | 62.93 Mn |
| Dec 31, 2015 | 62.99 Mn |
| Sep 30, 2015 | 57.14 Mn |
| Jun 30, 2015 | 57.96 Mn |
| Mar 31, 2015 | 58.43 Mn |
| Dec 31, 2014 | 71.72 Mn |