Dr Reddys Laboratories (RDY) Asset Writedowns and Impairment (2009 - 2023)
Dr Reddys Laboratories (RDY) posted quarterly Asset Writedowns and Impairment of $1.0 million for Q2 2023, down 85.71% on a QoQ basis from $7.0 million in Q4 2022.
Dr Reddys Laboratories (RDY) Asset Writedowns and Impairment (2009 - 2023) Analysis & Trends
Dr Reddys Laboratories (RDY) has reported Asset Writedowns and Impairment for 8 consecutive years, with $1.0 million the latest figure, recorded in Q2 2023.
- Quarterly Asset Writedowns and Impairment changed N/A year-over-year to $1.0 million in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $8.0 million (changed N/A YoY) and the FY2026 annual result came in at $38.0 million, up 90.0% from the prior year.
- Asset Writedowns and Impairment declined to $1.0 million in Q2 2023 per RDY's latest filing, from $7.0 million in the prior quarter.
- Over the last five years, Asset Writedowns and Impairment for RDY reached as high as $185.0 million in Q3 2019 and fell as low as $2.0 in Q3 2022.
- A 5-year average of $55.8 million and a median of $11.0 million in 2020 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment sank 78.0% — and 2021, when it changed 0.0%.
- Year by year, Asset Writedowns and Impairment stood at $185.0 million in 2019, then declined by 2.16% to $181.0 million in 2020, then tumbled by 93.92% to $11.0 million in 2021, then slumped by 36.36% to $7.0 million in 2022, then slumped by 85.71% to $1.0 million in 2023.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $1.0 million, $7.0 million, and $2.0 for Q2 2023, Q4 2022, and Q3 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn |
| 10 | Dr Reddys Laboratories | 9.82 Bn | 9.66 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 1.00 Mn |
| Jun 30, 2023 | 1.00 Mn |
| Dec 31, 2022 | 7.00 Mn |
| Dec 31, 2022 | 7.00 Mn |
| Sep 30, 2022 | 2.00 |
| Sep 30, 2022 | 2.00 |
| Jun 30, 2021 | 11.00 Mn |
| Jun 30, 2021 | 11.00 Mn |
| Sep 30, 2020 | 181.00 Mn |
| Sep 30, 2020 | 181.00 Mn |
| Jun 30, 2020 | 11.00 Mn |
| Jun 30, 2020 | 11.00 Mn |
| Sep 30, 2019 | 185.00 Mn |
| Sep 30, 2019 | 185.00 Mn |
| Jun 30, 2019 | 50.00 Mn |
| Jun 30, 2019 | 50.00 Mn |
| Sep 30, 2013 | -8.00 Mn |
| Sep 30, 2013 | -8.00 Mn |
| Jun 30, 2013 | 507.00 Mn |
| Jun 30, 2013 | 507.00 Mn |