Avery Dennison (AVY) Asset Writedowns and Impairment (2009 - 2022)

Avery Dennison has disclosed Asset Writedowns and Impairment across 14 years of filings, most recently posting $9.6 million for Q1 2022.

• In Q1 2022, Asset Writedowns and Impairment fell 29.41% year-over-year to $9.6 million; the TTM figure through Jan 2022 stood at $35.7 million (down 44.22% YoY), while the FY2022 annual figure was $35.7 million, down 44.22% from the prior year.
• Asset Writedowns and Impairment advanced to $9.6 million in Q1 2022, from $8.6 million in the prior quarter.
• Over the last five years, Asset Writedowns and Impairment for AVY reached as high as $31.2 million in Q1 2020 and fell as low as $7.6 million in Q2 2020.
• The 5-year median for Asset Writedowns and Impairment is $11.4 million (2018), against an average of $12.8 million.
• Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment surged 110.81% — and 2021, when it tumbled 71.47%.
• A 5-year view of Asset Writedowns and Impairment shows it stood at $11.3 million in 2018, then jumped by 44.25% to $16.3 million in 2019, then declined by 28.83% to $11.6 million in 2020, then declined by 25.86% to $8.6 million in 2021, then increased by 11.63% to $9.6 million in 2022.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $9.6 million, $8.6 million, and $8.6 million for Q1 2022, Q4 2021, and Q3 2021 respectively.