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
DateValue
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