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 | 20.32 Bn | 19.23 Bn | 1.34 Bn | 3.64 Bn |
| 2 | Arrow Electronics | 10.56 Bn | 10.32 Bn | 1.13 Bn | 237.25 Mn |
| 3 | Avnet | 7.90 Bn | 7.70 Bn | 739.06 Mn | - |
| 4 | Insight Enterprises | 4.59 Bn | 4.23 Bn | 521.60 Mn | 383.59 Mn |
| 5 | Pc Connection | 2.04 Bn | 1.70 Bn | 157.47 Mn | 473,000.00 |
| 6 | Scansource | 1.12 Bn | 995.77 Mn | 107.12 Mn | 68.42 Mn |
| 7 | Climb Global Solutions | 502.13 Mn | 445.57 Mn | 30.16 Mn | 51.70 Mn |
| 8 | Surge Components | 22.13 Mn | 7.09 Mn | 2.89 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |