Avnet (AVT) Amortizatization of Intangibles (2012 - 2023)
Avnet (AVT) reported Amortizatization of Intangibles of $878,000 for fiscal Q1 2024 (quarter ended Sep 30, 2023), down 68.1% from $2.76 million a year earlier but up 3.5% from the prior quarter.
Avnet (AVT) Amortizatization of Intangibles (2012 - 2023) Analysis & Trends
Over the twelve months ended Sep 30, 2023, Avnet's Amortizatization of Intangibles came in at $4.13 million, down 67.3% year-over-year; for FY2023 (ended Jul 1, 2023), it came in at $6.05 million, down 59.7% from FY2022.
- Amortizatization of Intangibles has declined for five consecutive fiscal years, with a five-year compound annual growth rate of -41.9% (FY2018 to FY2023).
- By fiscal year, Amortizatization of Intangibles came in at $15 million in FY2022 (-63.4%), $41.03 million in FY2021 (-49.4%), $81.14 million in FY2020 (-3.1%) and $83.7 million in FY2019 (-8.5%).
- Five-year quarterly Amortizatization of Intangibles spans a low of $848,000 in fiscal Q4 2023 and a high of $21.9 million in fiscal Q3 2019.
- Year over year, Amortizatization of Intangibles has now declined in each of the last 12 quarters, with an average decline of 58.4% over the last eight quarters.
- The high point for year-over-year Amortizatization of Intangibles in five years was fiscal Q2 2020 (growth of 4.4%); the low point was fiscal Q3 2021 (a decline of 74.8%).
- Per Business Quant data, the three fiscal quarters before Q1 2024 came in at $848,000 (Q4 2023), $900,000 (Q3 2023) and $1.5 million (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amort. of Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.24 Bn | 36.74 Bn | 1.60 Bn | - |
| 2 | Cognizant Technology Solutions | 31.12 Bn | 24.28 Bn | 1.83 Bn | - |
| 3 | Wipro | 20.11 Bn | 14.81 Bn | 738.00 Mn | - |
| 4 | Td Synnex | 19.66 Bn | 13.82 Bn | 1.43 Bn | - |
| 5 | Cdw | 19.39 Bn | 17.38 Bn | 1.32 Bn | - |
| 6 | Cgi | 16.87 Bn | 14.67 Bn | - | - |
| 7 | Arrow Electronics | 11.10 Bn | 10.05 Bn | 1.13 Bn | - |
| 8 | Avnet | 7.54 Bn | 6.72 Bn | 865.03 Mn | - |
| 9 | EPAM Systems | 6.64 Bn | 2.28 Bn | 429.57 Mn | - |
| 10 | Ingram Micro Holding | 6.19 Bn | 1.79 Bn | 958.68 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 878,000.00 |
| Jul 1, 2023 | 848,000.00 |
| Apr 1, 2023 | 900,000.00 |
| Dec 31, 2022 | 1.50 Mn |
| Oct 1, 2022 | 2.76 Mn |
| Jul 2, 2022 | 2.97 Mn |
| Apr 2, 2022 | 3.10 Mn |
| Jan 1, 2022 | 3.80 Mn |
| Oct 2, 2021 | 5.21 Mn |
| Jul 3, 2021 | 5.30 Mn |
| Apr 3, 2021 | 5.30 Mn |
| Jan 2, 2021 | 10.40 Mn |
| Oct 3, 2020 | 20.12 Mn |
| Jun 27, 2020 | 18.90 Mn |
| Mar 28, 2020 | 21.00 Mn |
| Dec 28, 2019 | 21.30 Mn |
| Sep 28, 2019 | 19.91 Mn |
| Jun 29, 2019 | 20.58 Mn |
| Mar 30, 2019 | 21.90 Mn |
| Dec 29, 2018 | 20.40 Mn |
Avnet Amortizatization of Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=amortizatization-of-intangibles&ticker=AVT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "amortizatization-of-intangibles", "ticker": "AVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=amortizatization-of-intangibles&ticker=AVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();