What is Estee Lauder Companies Inc.'s fragrance — impairment of long-lived assets?

Estee Lauder Companies Inc. (EL) reported fragrance — impairment of long-lived assets of $3.5M in Q2 2021.

What does fragrance — impairment of long-lived assets mean?

The loss in value recognized when physical assets in the fragrance segment are worth less than their book value.

Discontinued — last reported Q4 '21

StatementSegment

CategoryRisk

SignalLower is better

VolatilityVolatile

First reportedQ1 2020

Last reportedQ4 2021Aug 18, 2023

An increase suggests operational challenges, such as underutilized production capacity or obsolete manufacturing technology.

This metric represents the write-down of tangible long-lived assets, such as manufacturing equipment or property, within...

Commonly reported by manufacturing-heavy firms; peers typically report this only during major restructuring or facility closures.

Metric ID: el_segment_fragrance_impairment_of_long_lived_assets

1 years

	FY'21
Value	$14M

What is Estee Lauder Companies Inc.'s fragrance — impairment of long-lived assets?: Estee Lauder Companies Inc. (EL) reported fragrance — impairment of long-lived assets of $3.5M in Q2 2021.
What does fragrance — impairment of long-lived assets mean?: The loss in value recognized when physical assets in the fragrance segment are worth less than their book value.