Avnet (AVT) Intangibles (2013 - 2023)

Avnet (AVT) posted quarterly Intangibles of $6.5 million for Q3 2023, down 48.62% year-over-year from $12.7 million in Q3 2022, and down 12.16% quarter-over-quarter from $7.4 million in Q2 2023.

Avnet (AVT) Intangibles (2013 - 2023) Analysis & Trends

Avnet (AVT) has reported Intangibles for 11 consecutive years, with $6.5 million the latest figure, recorded in Q3 2023.

  • In Q3 2023, Intangibles fell 48.62% year-over-year to $6.5 million; the TTM figure through Jul 2023 stood at $6.5 million (down 48.62% YoY), while the FY2023 annual figure was $6.5 million, down 48.62% from the prior year.
  • Intangibles eased to $6.5 million in Q3 2023 per AVT's latest filing, from $7.4 million in the prior quarter.
  • Across five years, Intangibles topped out at $440.9 million in Q1 2021 and bottomed at $6.5 million in Q3 2023.
  • Historically, Intangibles has averaged $143.9 million across 5 years, with a median of $40.6 million in 2020.
  • Annual changes were most pronounced in 2021 — Intangibles soared 269.95% — and 2022, when it plunged 98.1%.
  • Avnet's Intangibles stood at $119.2 million in 2019, then slumped by 60.19% to $47.4 million in 2020, then plunged by 51.37% to $23.1 million in 2021, then sank by 64.46% to $8.2 million in 2022, then decreased by 20.73% to $6.5 million in 2023.
  • Business Quant data shows AVT's Intangibles at $6.5 million in Q3 2023, $7.4 million in Q2 2023, and $8.2 million in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 Td Synnex 20.20 Bn 19.11 Bn 1.34 Bn 3.64 Bn
2 Arrow Electronics 10.58 Bn 10.33 Bn 1.13 Bn 237.25 Mn
3 Avnet 7.87 Bn 7.67 Bn 739.06 Mn -
4 Insight Enterprises 4.53 Bn 4.17 Bn 521.60 Mn 383.59 Mn
5 Pc Connection 2.04 Bn 1.70 Bn 157.47 Mn 473,000.00
6 Scansource 1.10 Bn 982.66 Mn 107.12 Mn 68.42 Mn
7 Climb Global Solutions 506.43 Mn 449.87 Mn 30.16 Mn 51.70 Mn
8 Surge Components 22.13 Mn 7.09 Mn 2.89 Mn -

Historic Data

Download Data
DateValue
Jul 1, 2023 6.50 Mn
Apr 1, 2023 7.40 Mn
Dec 31, 2022 8.20 Mn
Oct 1, 2022 9.60 Mn
Jul 2, 2022 12.65 Mn
Apr 2, 2022 15.98 Mn
Jan 1, 2022 431.34 Mn
Oct 2, 2021 23.07 Mn
Jul 3, 2021 28.54 Mn
Apr 3, 2021 33.77 Mn
Jan 2, 2021 440.93 Mn
Oct 3, 2020 47.45 Mn
Jun 27, 2020 65.44 Mn
Mar 28, 2020 393.50 Mn
Dec 28, 2019 119.19 Mn
Sep 28, 2019 120.14 Mn
Jun 29, 2019 408.78 Mn
Mar 30, 2019 418.16 Mn
Dec 29, 2018 408.42 Mn
Sep 29, 2018 199.38 Mn