Business Segments · Goodwill, Impairment Loss
Cost of product sold — Goodwill, Impairment Loss
Cardinal Health Cost of product sold — Goodwill, Impairment Loss remained flat by 0.0% to $90.00M in Q2 2024 compared to the prior quarter. Year-over-year, this metric declined by 75.3%, from $364.00M to $90.00M. Over 2 years (FY 2022 to FY 2024), Cost of product sold — Goodwill, Impairment Loss shows a downward trend with a -19.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ3 2021
Last reportedQ2 2024
How to read this metric
An increase signals operational challenges or overpayment for past acquisitions, negatively impacting earnings.
Detailed definition
This metric measures the reduction in the carrying value of goodwill assigned to the cost of product sold segment due to...
Peer comparison
Standard impairment reporting across the healthcare wholesale industry.
Metric ID:
cah_segment_cost_of_product_sold_goodwill_impairment_lossHistorical Data
12 periods
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $525.00M | $525.00M | $525.00M | $525.00M | $154.00M | $709.00M | $0.00 | $364.00M | $581.00M | $585.00M | $90.00M | $90.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -70.7% | +360.4% | -100.0% | — | +59.6% | +0.7% | -84.6% | +0.0% |
| YoY Change | — | — | — | — | -70.7% | +35.0% | -100.0% | -30.7% | +277.3% | -17.5% | — | -75.3% |
Range$0.00 – $709.00M
CAGR-47.3%
Avg YoY Growth+2.6%
Median YoY Growth-30.7%
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Frequently Asked Questions
- What is Cardinal Health's cost of product sold — goodwill, impairment loss?
- Cardinal Health (CAH) reported cost of product sold — goodwill, impairment loss of $90.00M in Q2 2024.
- How has Cardinal Health's cost of product sold — goodwill, impairment loss changed year-over-year?
- Cardinal Health's cost of product sold — goodwill, impairment loss decreased by 75.3% year-over-year, from $364.00M to $90.00M.
- What is the long-term trend for Cardinal Health's cost of product sold — goodwill, impairment loss?
- Over 2 years (2022 to 2024), Cardinal Health's cost of product sold — goodwill, impairment loss has grown at a -19.9% compound annual growth rate (CAGR), from $2.10B to $1.35B.
- What does cost of product sold — goodwill, impairment loss mean?
- The loss in value recorded when goodwill in the cost of product sold segment is deemed impaired.