Avnet (AVT) Depreciation and Depletion (2014 - 2023)
Avnet (AVT) reported Depreciation and Depletion of $20.6 million for Q3 2023, up 5.09% year-over-year from $19.6 million in Q3 2022, and down 9.06% quarter-over-quarter from $22.7 million in Q3 2023.
Avnet (AVT) Depreciation and Depletion (2014 - 2023) Analysis & Trends
Avnet (AVT) has 10 years of Depreciation and Depletion data on file, last reported at $20.6 million in Q3 2023.
- Depreciation and Depletion for Q3 2023 came in at $20.6 million, up 5.09% year-over-year; the trailing twelve-month figure through Sep 2023 was $83.6 million (down 1.89% YoY), and the FY2023 annual result was $82.6 million, down 5.5% from the prior year.
- Depreciation and Depletion slipped to $20.6 million in Q3 2023 per AVT's latest filing, from $22.7 million in the prior quarter.
- Over five years, Depreciation and Depletion peaked at $25.7 million in Q1 2020 and troughed at $19.6 million in Q4 2022.
- A 5-year average of $22.7 million and a median of $22.2 million in 2021 frame the typical range for Depreciation and Depletion.
- On a YoY basis, Depreciation and Depletion climbed as much as 10.64% in 2019 and fell as far as 32.88% in 2019.
- A 5-year view of Depreciation and Depletion shows it stood at $25.2 million in 2019, then retreated by 13.15% to $21.8 million in 2020, then fell by 0.05% to $21.8 million in 2021, then decreased by 9.44% to $19.8 million in 2022, then advanced by 4.39% to $20.6 million in 2023.
- Business Quant data shows AVT's Depreciation and Depletion at $20.6 million in Q3 2023, $22.7 million in Q3 2023, and $20.5 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Td Synnex | 22.21 Bn | 20.64 Bn | 1.25 Bn | - |
| 2 | Arrow Electronics | 11.40 Bn | 11.19 Bn | 1.09 Bn | - |
| 3 | Avnet | 7.25 Bn | 7.04 Bn | 739.06 Mn | - |
| 4 | Insight Enterprises | 3.40 Bn | 2.96 Bn | 462.15 Mn | 7.42 Mn |
| 5 | Pc Connection | 1.80 Bn | 1.39 Bn | 132.74 Mn | - |
| 6 | Scansource | 1.08 Bn | 954.90 Mn | 107.12 Mn | - |
| 7 | Climb Global Solutions | 422.06 Mn | 380.29 Mn | 26.50 Mn | 500,000.00 |
| 8 | Iczoom | 5.33 Mn | -3.05 Mn | - | - |
| 9 | Surge Components | - | - | 2.41 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 20.64 Mn |
| Sep 30, 2023 | 20.64 Mn |
| Jul 1, 2023 | 22.70 Mn |
| Jul 1, 2023 | 22.70 Mn |
| Apr 1, 2023 | 20.46 Mn |
| Apr 1, 2023 | 20.46 Mn |
| Dec 31, 2022 | 19.77 Mn |
| Dec 31, 2022 | 19.77 Mn |
| Oct 1, 2022 | 19.64 Mn |
| Oct 1, 2022 | 19.64 Mn |
| Jul 2, 2022 | 21.65 Mn |
| Jul 2, 2022 | 21.65 Mn |
| Apr 2, 2022 | 21.84 Mn |
| Apr 2, 2022 | 21.84 Mn |
| Jan 1, 2022 | 22.04 Mn |
| Jan 1, 2022 | 22.04 Mn |
| Oct 2, 2021 | 21.83 Mn |
| Oct 2, 2021 | 21.83 Mn |
| Jul 3, 2021 | 23.44 Mn |
| Jul 3, 2021 | 23.44 Mn |