Discontinued — last reported Q4 '23
Business Segments · Restructuring Reserve
LabCorp Diagnostics — Restructuring Reserve
Labcorp Holdings LabCorp Diagnostics — Restructuring Reserve increased by 38.3% to $13.00M in Q4 2023 compared to the prior quarter.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ4 2023
Rolls up toRestructuring Reserve
How to read this metric
A high reserve suggests upcoming significant organizational changes or cost-reduction initiatives.
Detailed definition
This represents the liability balance set aside to cover future costs associated with organizational restructuring, such...
Peer comparison
Standard liability account for companies undergoing operational transformation or integration.
Metric ID:
lh_segment_labcorp_diagnostics_restructuring_reserveHistorical Data
3 periods
| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | $3.70M | $9.40M | $13.00M |
| QoQ Change | — | +154.1% | +38.3% |
| YoY Change | — | +154.1% | +38.3% |
Range$3.70M – $13.00M
Avg YoY Growth+96.2%
Median YoY Growth+96.2%
Current Streak2+ quarters growth
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Frequently Asked Questions
- What is Labcorp Holdings's labcorp diagnostics — restructuring reserve?
- Labcorp Holdings (LH) reported labcorp diagnostics — restructuring reserve of $13.00M in Q4 2023.
- What does labcorp diagnostics — restructuring reserve mean?
- The amount of money the company has set aside to pay for future restructuring activities.