Avery Dennison (AVY) Asset Writedowns and Impairment (2009 - 2022)
Avery Dennison's (AVY) quarterly Asset Writedowns and Impairment came in at $9.6 million in Q1 2022, down 29.41% year-over-year from $13.6 million in Q1 2021, and up 11.63% quarter-over-quarter from $8.6 million in Q4 2021.
Analysis
Avery Dennison (AVY) Asset Writedowns and Impairment (2009 - 2022) Analysis & Trends
Avery Dennison (AVY) has reported Asset Writedowns and Impairment for 14 consecutive years, with $9.6 million the latest figure, recorded in Q1 2022.
- On a quarterly basis, Asset Writedowns and Impairment fell 29.41% year-over-year to $9.6 million in Q1 2022; TTM through Jan 2022 was $35.7 million, a 44.22% decrease from a year earlier, with the FY2022 full-year figure at $35.7 million, down 44.22% from the prior year.
- Asset Writedowns and Impairment was $9.6 million for Q1 2022 at Avery Dennison, up from $8.6 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $31.2 million in Q1 2020 and troughed at $7.6 million in Q2 2020.
- A 5-year average of $12.8 million and a median of $11.4 million in 2018 frame the typical range for Asset Writedowns and Impairment.
- Across the five-year window, Asset Writedowns and Impairment jumped 110.81% in 2020 and slumped 71.47% in 2021, its largest moves.
- Over 5 years, Asset Writedowns and Impairment stood at $11.3 million in 2018, then soared by 44.25% to $16.3 million in 2019, then dropped by 28.83% to $11.6 million in 2020, then dropped by 25.86% to $8.6 million in 2021, then grew by 11.63% to $9.6 million in 2022.
- The last three Asset Writedowns and Impairment figures came in at $9.6 million (Q1 2022), $8.6 million (Q4 2021), and $8.6 million (Q3 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Corning | 143.12 Bn | 140.61 Bn | 1.63 Bn |
| 2 | Ati | 27.12 Bn | 26.34 Bn | 309.80 Mn |
| 3 | Qnity Electronics | 26.42 Bn | 25.46 Bn | 666.00 Mn |
| 4 | International Flavors & Fragrances | 21.37 Bn | 20.80 Bn | 853.00 Mn |
| 5 | DuPont de Nemours | 17.24 Bn | 15.50 Bn | 639.00 Mn |
| 6 | Avery Dennison | 12.90 Bn | 12.67 Bn | 729.40 Mn |
| 7 | Solstice Advanced Materials | 9.79 Bn | 9.04 Bn | 370.00 Mn |
| 8 | Element Solutions | 8.33 Bn | 8.14 Bn | 334.00 Mn |
| 9 | Eastman Chemical | 7.75 Bn | 7.06 Bn | 560.00 Mn |
| 10 | Hexcel | 6.99 Bn | 6.93 Bn | 138.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 1, 2022 | 9.60 Mn |
| Oct 2, 2021 | 8.60 Mn |
| Jul 3, 2021 | 8.60 Mn |
| Apr 3, 2021 | 8.90 Mn |
| Jan 2, 2021 | 13.60 Mn |
| Sep 26, 2020 | 11.60 Mn |
| Jun 27, 2020 | 7.60 Mn |
| Mar 28, 2020 | 31.20 Mn |
| Dec 28, 2019 | 16.30 Mn |
| Sep 28, 2019 | 15.60 Mn |
| Jun 29, 2019 | 12.00 Mn |
| Mar 30, 2019 | 14.80 Mn |
| Dec 29, 2018 | 11.30 Mn |
| Sep 29, 2018 | 11.20 Mn |
| Jun 30, 2018 | 10.20 Mn |
| Mar 31, 2018 | 12.90 Mn |
| Dec 30, 2017 | 9.50 Mn |
| Sep 30, 2017 | 8.30 Mn |
| Jul 1, 2017 | 8.30 Mn |
| Apr 1, 2017 | 11.50 Mn |