Growth Metrics

GROWLIFE, INC. (PHOT) Depreciation Expense (2021 - 2023)

Growlife (PHOT) has disclosed Depreciation Expense for 3 consecutive years, with $9832.0 as the latest value for Q2 2023.

  • On a quarterly basis, Depreciation Expense fell 29.71% to $9832.0 in Q2 2023 year-over-year; TTM through Jun 2023 was $47639.0, a N/A change, with the full-year FY2021 number at $18226.0, changed N/A from a year prior.
  • Depreciation Expense was $9832.0 for Q2 2023 at Growlife, roughly flat from $9832.0 in the prior quarter.
  • In the past five years, Depreciation Expense ranged from a high of $13988.0 in Q1 2022 to a low of -$18926.0 in Q4 2021.
  • A 3-year average of $7116.8 and a median of $11909.5 in 2022 define the central range for Depreciation Expense.
  • Biggest YoY gain for Depreciation Expense was 29.71% in 2023; the steepest drop was 29.71% in 2023.
  • Growlife's Depreciation Expense stood at -$18926.0 in 2021, then skyrocketed by 173.9% to $13987.0 in 2022, then decreased by 29.71% to $9832.0 in 2023.
  • Per Business Quant, the three most recent readings for PHOT's Depreciation Expense are $9832.0 (Q2 2023), $9832.0 (Q1 2023), and $13987.0 (Q3 2022).