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

Avery Dennison (AVY) has reported Asset Writedowns and Impairment for 14 consecutive years, with $9.6 million the latest figure, recorded in 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 climbed to $9.6 million in Q1 2022 per AVY's latest filing, from $8.6 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $31.2 million in Q1 2020 and bottomed at $7.6 million in Q2 2020.
• Historically, Asset Writedowns and Impairment has averaged $12.8 million across 5 years, with a median of $11.4 million in 2018.
• Annual changes were most pronounced in 2018 — Asset Writedowns and Impairment surged 432.35% — and 2021, when it sank 71.47%.
• Avery Dennison's Asset Writedowns and Impairment stood at $11.3 million in 2018, then surged by 44.25% to $16.3 million in 2019, then fell by 28.83% to $11.6 million in 2020, then fell by 25.86% to $8.6 million in 2021, then rose by 11.63% to $9.6 million in 2022.
• Business Quant data shows AVY's Asset Writedowns and Impairment at $9.6 million in Q1 2022, $8.6 million in Q4 2021, and $8.6 million in Q3 2021.