Qorvo (QRVO) Other Gross PP&E Adjustments (2014 - 2024)
Qorvo posted quarterly Other Gross PP&E Adjustments of $23.0 million for Q1 2024, down 10.85% year-on-year from $25.8 million in Q1 2023, and down 10.85% on a QoQ basis from $25.8 million in Q2 2023.
Qorvo (QRVO) has 11 years of Other Gross PP&E Adjustments data on file, last reported at $23.0 million in Q1 2024.
- For the quarter ending Q1 2024, Other Gross PP&E Adjustments fell 10.85% year-over-year to $23.0 million; the trailing twelve-month figure through Mar 2024 stood at $23.0 million (down 10.85% YoY), and the FY2024 full-year result was $23.0 million, down 10.85% from the prior year.
- Other Gross PP&E Adjustments for Q1 2024 stood at $23.0 million, down from $25.8 million in the prior quarter.
- Across five years, Other Gross PP&E Adjustments topped out at $25.8 million in Q2 2021 and bottomed at -$39.3 million in Q1 2020.
- The 5-year median for Other Gross PP&E Adjustments is $25.8 million (2021), against an average of $12.3 million.
- The widest annual swing landed in 2021, when Other Gross PP&E Adjustments surged 165.81%; it then fell 10.85% in 2024.
- A 5-year view of Other Gross PP&E Adjustments shows it stood at -$39.3 million in 2020, then jumped by 165.81% to $25.8 million in 2021, then changed by 0.0% to $25.8 million in 2022, then changed by 0.0% to $25.8 million in 2023, then dropped by 10.85% to $23.0 million in 2024.
- The last three Other Gross PP&E Adjustments figures came in at $23.0 million (Q1 2024), $25.8 million (Q2 2023), and $25.8 million (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Other Gross PP&E Adjustments (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,449.54 Bn | 5,406.06 Bn | 61.16 Bn | -4.95 Bn |
| 2 | Broadcom | 2,169.43 Bn | 2,155.26 Bn | 13.16 Bn | -5.91 Bn |
| 3 | Micron Technology | 1,165.12 Bn | 1,150.53 Bn | 17.76 Bn | 116.88 Bn |
| 4 | Advanced Micro Devices | 831.96 Bn | 819.61 Bn | 5.42 Bn | - |
| 5 | Intel | 549.93 Bn | 530.74 Bn | 5.35 Bn | - |
| 6 | Texas Instruments | 266.58 Bn | 261.48 Bn | 2.80 Bn | 17.87 Bn |
| 7 | Qualcomm | 243.81 Bn | 234.01 Bn | 4.16 Bn | - |
| 8 | Analog Devices | 196.60 Bn | 193.16 Bn | 2.44 Bn | - |
| 9 | Marvell Technology | 188.85 Bn | 188.78 Bn | 1.26 Bn | 1.56 Bn |
| 10 | Qorvo | 9.25 Bn | 8.03 Bn | 395.02 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 30, 2024 | 23.04 Mn |
| Mar 30, 2024 | 23.04 Mn |
| Apr 1, 2023 | 25.84 Mn |
| Apr 1, 2023 | 25.84 Mn |
| Apr 2, 2022 | 25.84 Mn |
| Apr 2, 2022 | 25.84 Mn |
| Apr 3, 2021 | 25.84 Mn |
| Apr 3, 2021 | 25.84 Mn |
| Mar 28, 2020 | -39.27 Mn |
| Mar 28, 2020 | -39.27 Mn |
| Dec 28, 2019 | -58.97 Mn |
| Dec 28, 2019 | -58.97 Mn |
| Sep 28, 2019 | -61.69 Mn |
| Sep 28, 2019 | -61.69 Mn |
| Jun 29, 2019 | -66.23 Mn |
| Jun 29, 2019 | -66.23 Mn |
| Mar 30, 2019 | -91.71 Mn |
| Mar 30, 2019 | -91.71 Mn |
| Mar 31, 2018 | -189.09 Mn |
| Mar 31, 2018 | -189.09 Mn |
| Apr 1, 2017 | -279.02 Mn |
| Apr 1, 2017 | -279.02 Mn |
| Apr 2, 2016 | 1.08 Bn |
| Apr 2, 2016 | 1.08 Bn |
| Mar 28, 2015 | 754.80 Mn |
| Mar 28, 2015 | 754.80 Mn |
| Mar 29, 2014 | 552.18 Mn |
| Mar 29, 2014 | 552.18 Mn |