Twist Bioscience (TWST) Asset Writedowns and Impairment (2017 - 2024)

Twist Bioscience (TWST) posted quarterly Asset Writedowns and Impairment of $293000.0 for Q3 2024, down 80.89% year-over-year from $1.5 million in Q4 2023, and up 103.47% quarter-over-quarter from $144000.0 in Q2 2024.

Twist Bioscience (TWST) Asset Writedowns and Impairment (2017 - 2024) Analysis & Trends

Twist Bioscience (TWST) has reported Asset Writedowns and Impairment for 8 consecutive years, with $293000.0 the latest figure, recorded in Q3 2024.

  • In Q3 2024, Asset Writedowns and Impairment fell 80.89% year-over-year to $293000.0; the TTM figure through Sep 2024 stood at $940000.0 (down 63.47% YoY), while the FY2025 annual figure was -$20000.0, down 102.13% from the prior year.
  • Asset Writedowns and Impairment rose to $293000.0 in Q3 2024 per TWST's latest filing, from $144000.0 in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $17.5 million in Q3 2022 and bottomed at -$1.0 million in Q3 2020.
  • Historically, Asset Writedowns and Impairment has averaged $1.3 million across 5 years, with a median of $255000.0 in 2024.
  • Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment tumbled 2145.1% — and 2021, when it surged 4596.0%.
  • Twist Bioscience's Asset Writedowns and Impairment stood at $25000.0 in 2020, then soared by 4596.0% to $1.2 million in 2021, then plunged by 78.36% to $254000.0 in 2022, then retreated by 2.36% to $248000.0 in 2023, then grew by 18.15% to $293000.0 in 2024.
  • Business Quant data shows TWST's Asset Writedowns and Impairment at $293000.0 in Q3 2024, $144000.0 in Q2 2024, and $255000.0 in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn
10 Twist Bioscience 7.18 Bn 7.02 Bn 62.45 Mn

Historic Data

Download Data
DateValue
Sep 30, 2024 293,000.00
Sep 30, 2024 293,000.00
Jun 30, 2024 144,000.00
Jun 30, 2024 144,000.00
Mar 31, 2024 255,000.00
Mar 31, 2024 255,000.00
Dec 31, 2023 248,000.00
Dec 31, 2023 248,000.00
Sep 30, 2023 1.53 Mn
Sep 30, 2023 1.53 Mn
Jun 30, 2023 454,000.00
Jun 30, 2023 454,000.00
Mar 31, 2023 332,000.00
Mar 31, 2023 332,000.00
Dec 31, 2022 254,000.00
Dec 31, 2022 254,000.00
Sep 30, 2022 17.53 Mn
Sep 30, 2022 17.53 Mn
Jun 30, 2022 985,000.00
Jun 30, 2022 985,000.00