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
DateValue
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