Avalonbay Communities (AVB) Inventory Average (2009 - 2022)
Avalonbay Communities' (AVB) quarterly Inventory Average came in at $35.5 million in Q4 2022, down 77.64% on a YoY basis from $158.8 million in Q4 2021, and down 36.64% quarter-over-quarter from $56.1 million in Q3 2022.
Analysis
Avalonbay Communities (AVB) Inventory Average (2009 - 2022) Analysis & Trends
Avalonbay Communities (AVB) has reported Inventory Average for 5 consecutive years, with $35.5 million the latest figure, recorded in Q4 2022.
- For the quarter ending Q4 2022, Inventory Average fell 77.64% year-over-year to $35.5 million; the trailing twelve-month figure through Dec 2022 stood at $35.5 million (down 77.64% YoY), and the FY2022 full-year result was $89.5 million, down 56.72% from the prior year.
- Inventory Average fell to $35.5 million in Q4 2022 per AVB's latest filing, from $56.1 million in the prior quarter.
- Across five years, Inventory Average topped out at $455.7 million in Q4 2019 and bottomed at $35.5 million in Q4 2022.
- Historically, Inventory Average has averaged $227.5 million across 4 years, with a median of $236.9 million in 2021.
- The sharpest annual moves came in 2021 and 2022: Inventory Average fell 29.94% in 2021, then slumped 77.64% in 2022.
- Over 4 years, Inventory Average stood at $455.7 million in 2019, then sank by 37.94% to $282.8 million in 2020, then tumbled by 43.84% to $158.8 million in 2021, then plunged by 77.64% to $35.5 million in 2022.
- According to Business Quant data, Inventory Average over the past three periods registered $35.5 million, $56.1 million, and $92.2 million for Q4 2022, Q3 2022, and Q2 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vivmark Residential | 24.37 Bn | 24.37 Bn | - | - |
| 2 | Invitation Homes | 16.34 Bn | 16.34 Bn | 705.34 Mn | - |
| 3 | Mid America Apartment Communities | 14.46 Bn | 14.33 Bn | 537.17 Mn | - |
| 4 | Sun Communities | 14.11 Bn | 14.11 Bn | 460.10 Mn | - |
| 5 | Equity Lifestyle Properties | 11.69 Bn | 11.69 Bn | 375.97 Mn | - |
| 6 | American Homes 4 Rent | 11.38 Bn | 11.38 Bn | - | - |
| 7 | Udr | 11.36 Bn | 11.36 Bn | 412.43 Mn | - |
| 8 | Camden Property Trust | 10.49 Bn | 10.49 Bn | - | - |
| 9 | Avalonbay Communities | 9.67 Bn | 9.87 Bn | - | - |
| 10 | Independence Realty Trust | 3.59 Bn | 3.59 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 35.52 Mn |
| Sep 30, 2022 | 56.07 Mn |
| Jun 30, 2022 | 92.19 Mn |
| Mar 31, 2022 | 128.65 Mn |
| Dec 31, 2021 | 158.82 Mn |
| Sep 30, 2021 | 195.57 Mn |
| Jun 30, 2021 | 236.94 Mn |
| Mar 31, 2021 | 260.54 Mn |
| Dec 31, 2020 | 282.82 Mn |
| Sep 30, 2020 | 304.83 Mn |
| Jun 30, 2020 | 338.18 Mn |
| Mar 31, 2020 | 411.46 Mn |
| Dec 31, 2019 | 455.75 Mn |
| Sep 30, 2009 | 6.84 Bn |