Avnet Inc financial data

Symbol
AVT on Nasdaq
Industry
Wholesale-Electronic Parts & Equipment, NEC
Location
2211 South 47 Th Street, Phoenix, Arizona
State of incorporation
New York
Fiscal year end
June 29
Latest financial report
Q1 2024 - May 3, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 243 % +5.27%
Quick Ratio 130 % +14.3%
Debt-to-equity 158 % -3.09%
Return On Equity 11.7 % -41.5%
Return On Assets 4.53 % -40.4%
Operating Margin 3.89 % -13.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 90.4 M shares -1.12%
Entity Public Float 3.75 B USD -6.91%
Common Stock, Value, Issued 90.4 M USD -1.12%
Weighted Average Number of Shares Outstanding, Basic 90.4 M shares -1.1%
Weighted Average Number of Shares Outstanding, Diluted 91.3 M shares -1.3%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 24.7 B USD -6.09%
Cost of Revenue 21.8 B USD -6.05%
Operating Income (Loss) 964 M USD -18.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 721 M USD -30.7%
Income Tax Expense (Benefit) 150 M USD -16%
Net Income (Loss) Attributable to Parent 571 M USD -33.8%
Earnings Per Share, Basic 6.27 USD/shares -31.8%
Earnings Per Share, Diluted 6.17 USD/shares -32.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 218 M USD +17.5%
Accounts Receivable, after Allowance for Credit Loss, Current 4.32 B USD -7.61%
Inventory, Net 5.75 B USD +7.43%
Assets, Current 10.5 B USD +0.41%
Property, Plant and Equipment, Net 562 M USD +40.3%
Operating Lease, Right-of-Use Asset 220 M USD -1.47%
Goodwill 781 M USD +1.25%
Other Assets, Noncurrent 278 M USD +2.23%
Assets 12.3 B USD +1.78%
Accounts Payable, Current 3.32 B USD +5.97%
Employee-related Liabilities, Current 254 M USD +4.48%
Accrued Liabilities, Current 565 M USD -19.8%
Liabilities, Current 4.49 B USD +13.2%
Operating Lease, Liability, Noncurrent 183 M USD -4.72%
Other Liabilities, Noncurrent 254 M USD -8.96%
Liabilities 7.34 B USD -1.84%
Accumulated Other Comprehensive Income (Loss), Net of Tax -436 M USD -13.4%
Retained Earnings (Accumulated Deficit) 3.63 B USD +11.5%
Stockholders' Equity Attributable to Parent 4.99 B USD +7.63%
Liabilities and Equity 12.3 B USD +1.78%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -41.3 M USD +93.6%
Net Cash Provided by (Used in) Financing Activities 100 M USD -83%
Net Cash Provided by (Used in) Investing Activities -75.8 M USD -263%
Common Stock, Shares Authorized 300 M shares 0%
Common Stock, Shares, Issued 90.4 M shares -1.12%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -9.55 M USD +86.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 218 M USD +17.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 81.4 M USD +148%
Deferred Tax Assets, Valuation Allowance 208 M USD -0.07%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 450 M USD +7.34%
Operating Lease, Liability 238 M USD -2.41%
Payments to Acquire Property, Plant, and Equipment 76.1 M USD +170%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 520 M USD -32%
Lessee, Operating Lease, Liability, to be Paid 279 M USD -3.87%
Property, Plant and Equipment, Gross 1.39 B USD +4.81%
Operating Lease, Liability, Current 55.1 M USD +6.16%
Lessee, Operating Lease, Liability, to be Paid, Year Two 47.9 M USD +8.65%
Lessee, Operating Lease, Liability, to be Paid, Year One 58.9 M USD +6.58%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) -33.5 M USD +36.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 40.9 M USD -11.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 29.4 M USD -15.2%
Deferred Tax Assets, Operating Loss Carryforwards 212 M USD -6.35%
Deferred Federal Income Tax Expense (Benefit) -15.4 M USD +52.4%
Current Income Tax Expense (Benefit) 246 M USD +26.6%
Unrecognized Tax Benefits 103 M USD -5.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 23.2 M USD +1.56%
Operating Lease, Payments 13.9 M USD -1.47%
Current State and Local Tax Expense (Benefit) 7.87 M USD -11.3%
Current Federal Tax Expense (Benefit) 64.2 M USD +9.76%
Amortization of Intangible Assets 4.17 M USD -66.6%
Deferred Tax Assets, Net of Valuation Allowance 242 M USD +14.6%
Share-based Payment Arrangement, Expense 38.8 M USD +5.72%
Deferred State and Local Income Tax Expense (Benefit) 2.61 M USD
Interest Expense 294 M USD +42.7%