What is Sherwin-Williams's consumer brands group — impairment charge?

Sherwin-Williams (SHW) reported consumer brands group — impairment charge of $6.90M in Q3 2023.

What does consumer brands group — impairment charge mean?

A write-down in the value of assets because they are worth less than originally recorded.

Discontinued — last reported Q3 '23

Consumer Brands Group — Impairment charge

Sherwin-Williams Consumer Brands Group — Impairment charge remained flat by 0.0% to $6.90M in Q3 2023 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryProfitability

SignalLower is better

VolatilityVolatile

First reportedQ2 2023

Last reportedQ3 2023

How to read this metric

An increase indicates poor asset performance or a decline in the market value of the segment's investments.

Detailed definition

An accounting charge recognized when the carrying value of an asset or group of assets exceeds its recoverable amount. T...

Peer comparison

Commonly reported by peers during periods of economic downturn or strategic asset portfolio optimization.

Metric ID: shw_segment_consumer_brands_group_impairment_charge

Historical Data

2 periods

	Q2 '23	Q3 '23
Value	$6.90M	$6.90M
QoQ Change	—	+0.0%

Range$6.90M – $6.90M

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Frequently Asked Questions

What is Sherwin-Williams's consumer brands group — impairment charge?: Sherwin-Williams (SHW) reported consumer brands group — impairment charge of $6.90M in Q3 2023.
What does consumer brands group — impairment charge mean?: A write-down in the value of assets because they are worth less than originally recorded.