Concentrix (CNXC) Amortizatization of Intangibles (2020 - 2024)
Concentrix (CNXC) posted Amortizatization of Intangibles of $116.3 million for Q1 2024, up 194.36% sequentially from $39.5 million in Q3 2023, and up 196.24% YoY from $39.3 million in Q1 2023.
Concentrix (CNXC) Amortizatization of Intangibles (2020 - 2024) Analysis & Trends
Concentrix has reported Amortizatization of Intangibles for 5 years, with the latest figure at $116.3 million in Q1 2024.
- Quarterly Amortizatization of Intangibles rose 196.24% year-over-year to $116.3 million in Q1 2024, while the trailing twelve-month figure through Feb 2024 was $234.5 million (up 43.09% YoY) and the FY2022 annual result came in at $162.7 million, up 18.79% from the prior year.
- Amortizatization of Intangibles advanced to $116.3 million in Q1 2024 per CNXC's latest filing, from $39.5 million in the prior quarter.
- Over five years, Amortizatization of Intangibles peaked at $116.3 million in Q1 2024 and troughed at $33.7 million in Q4 2021.
- A 5-year average of $42.6 million and a median of $37.6 million in 2020 frame the typical range for Amortizatization of Intangibles.
- The sharpest annual moves came in 2021 and 2024: Amortizatization of Intangibles declined 9.03% in 2021, then jumped 196.24% in 2024.
- Over 5 years, Amortizatization of Intangibles stood at $37.1 million in 2020, then slipped by 9.03% to $33.7 million in 2021, then grew by 23.42% to $41.6 million in 2022, then fell by 5.13% to $39.5 million in 2023, then surged by 194.36% to $116.3 million in 2024.
- According to Business Quant data, Amortizatization of Intangibles over the past three periods registered $116.3 million, $39.5 million, and $39.4 million for Q1 2024, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortizatization of Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | - |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | - |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | - |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | - |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | - |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | - |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | - |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | - |
| 10 | Concentrix | 1.55 Bn | 1.29 Bn | 823.35 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 29, 2024 | 116.30 Mn |
| Feb 29, 2024 | 116.30 Mn |
| Aug 31, 2023 | 39.51 Mn |
| Aug 31, 2023 | 39.51 Mn |
| May 31, 2023 | 39.43 Mn |
| May 31, 2023 | 39.43 Mn |
| Feb 28, 2023 | 39.26 Mn |
| Feb 28, 2023 | 39.26 Mn |
| Nov 30, 2022 | 41.65 Mn |
| Nov 30, 2022 | 41.65 Mn |
| Aug 31, 2022 | 41.50 Mn |
| Aug 31, 2022 | 41.50 Mn |
| May 31, 2022 | 41.47 Mn |
| May 31, 2022 | 41.47 Mn |
| Feb 28, 2022 | 38.06 Mn |
| Feb 28, 2022 | 38.06 Mn |
| Nov 30, 2021 | 33.75 Mn |
| Nov 30, 2021 | 33.75 Mn |
| Aug 31, 2021 | 34.00 Mn |
| Aug 31, 2021 | 34.00 Mn |