Avnet (AVT) Depreciation and Depletion (2014 - 2023)
Avnet's Depreciation and Depletion was $20.64 million in fiscal Q1 2024 (quarter ended Sep 30, 2023), up 5.1% from $19.64 million a year earlier but down 9.2% from the prior quarter.
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Analysis
Avnet (AVT) Depreciation and Depletion (2014 - 2023) Analysis & Trends
On a trailing twelve-month basis, Avnet's Depreciation and Depletion was $83.6 million through Sep 30, 2023, down 1.9% year-over-year; for FY2023 (ended Jul 1, 2023), it came in at $82.6 million, down 5.5% from FY2022.
- Depreciation and Depletion has now declined for three consecutive fiscal years, with a five-year compound annual growth rate of -10.4% (FY2018 to FY2023).
- In earlier fiscal years, Depreciation and Depletion was $87.4 million in FY2022 (-3.9%), $90.9 million in FY2021 (-10.1%), $101.1 million in FY2020 (+4.0%) and $97.2 million in FY2019 (-32.2%).
- Quarterly Depreciation and Depletion has moved between $19.64 million (fiscal Q1 2023) and $25.71 million (fiscal Q3 2020) over five years.
- Compared with a year earlier, Depreciation and Depletion was higher in two of the last eight quarters, with an average decline of 4.0%.
- The best year-over-year quarter for Depreciation and Depletion over five years was fiscal Q2 2020 (growth of 10.6%); the worst was fiscal Q2 2019 (a decline of 42.1%).
- Per Business Quant data, AVT's Depreciation and Depletion in the three fiscal quarters before Q1 2024 was $22.73 million (Q4 2023), $20.46 million (Q3 2023) and $19.77 million (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 53.66 Bn | 40.21 Bn | 1.60 Bn | - |
| 2 | Cognizant Technology Solutions | 33.32 Bn | 26.49 Bn | 1.83 Bn | - |
| 3 | Wipro | 22.86 Bn | 18.03 Bn | 745.00 Mn | - |
| 4 | Cdw | 20.63 Bn | 18.61 Bn | 1.32 Bn | - |
| 5 | Td Synnex | 19.71 Bn | 13.87 Bn | 1.43 Bn | - |
| 6 | Cgi | 18.28 Bn | 16.08 Bn | - | - |
| 7 | Arrow Electronics | 10.66 Bn | 9.69 Bn | 1.13 Bn | - |
| 8 | Avnet | 7.27 Bn | 6.46 Bn | 865.03 Mn | - |
| 9 | EPAM Systems | 7.15 Bn | 2.79 Bn | 429.57 Mn | - |
| 10 | ExlService Holdings | 6.51 Bn | 5.26 Bn | 225.96 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 20.64 Mn |
| Jul 1, 2023 | 22.73 Mn |
| Apr 1, 2023 | 20.46 Mn |
| Dec 31, 2022 | 19.77 Mn |
| Oct 1, 2022 | 19.64 Mn |
| Jul 2, 2022 | 21.68 Mn |
| Apr 2, 2022 | 21.84 Mn |
| Jan 1, 2022 | 22.04 Mn |
| Oct 2, 2021 | 21.83 Mn |
| Jul 3, 2021 | 23.44 Mn |
| Apr 3, 2021 | 23.46 Mn |
| Jan 2, 2021 | 22.16 Mn |
| Oct 3, 2020 | 21.85 Mn |
| Jun 27, 2020 | 25.57 Mn |
| Mar 28, 2020 | 25.71 Mn |
| Dec 28, 2019 | 25.15 Mn |
| Sep 28, 2019 | 24.67 Mn |
| Jun 29, 2019 | 24.51 Mn |
| Mar 30, 2019 | 24.57 Mn |
| Dec 29, 2018 | 22.74 Mn |
API Access
Avnet Depreciation and Depletion 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=depreciation-and-depletion&ticker=AVT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=AVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();