Avnet market cap is $2.8 b, and annual revenue was $17.63 b in FY 2020

Avnet Revenue growth (FY, 2019 - FY, 2020), %(10%)

Avnet Gross profit (FY, 2020)2.1 B

Avnet Gross profit margin (FY, 2020), %11.7%

Avnet Net income (FY, 2020)-31.1 M

Avnet EBIT (FY, 2020)-4.6 M

Avnet Cash, 27-Jun-2020477 M

Avnet EV4 B

Avnet revenue was $17.63 b in FY, 2020 which is a 9.7% year over year decrease from the previous period.

Avnet revenue breakdown by business segment: 7.3% from Premier Farnell and 92.7% from Electronic Components

Avnet revenue breakdown by geographic segment: 40.4% from Asia/Pacific, 27.0% from Americas and 32.6% from EMEA

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Revenue | 19.0b | 19.5b | 17.6b |

| 9% | 3% | (10%) |

## Cost of goods sold | 16.5b | 17.0b | 15.6b |

## Gross profit | 2.5b | 2.5b | 2.1b |

| 13% | 13% | 12% |

## General and administrative expense | 2.0b | 1.9b | 1.8b |

## Operating expense total | 2.3b | 2.1b | 2.1b |

## EBIT | 230.5m | 365.9m | (4.6m) |

| 1% | 2% | 0% |

## Interest expense | 102.5m | 134.9m | 122.7m |

## Pre tax profit | 145.1m | 180.1m | (128.1m) |

## Income tax expense | 288.0m | 62.2m | (98.6m) |

## Net Income | (156.4m) | 176.3m | (31.1m) |

## EPS | (1.3) | 1.6 | (0.3) |

USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 4.7b | 4.5b | 4.8b | 5.1b | 5.0b | 4.7b | 4.6b | 4.5b | 4.3b |

## Cost of goods sold | 4.0b | 3.9b | 4.1b | 4.5b | 4.4b | 4.1b | 4.1b | 4.0b | 3.8b |

## Gross profit | 612.6m | 602.5m | 653.5m | 636.8m | 630.0m | 624.2m | 543.8m | 525.6m | 518.9m |

| 13% | 13% | 14% | 13% | 12% | 13% | 12% | 12% | 12% |

## General and administrative expense | 496.2m | 478.7m | 501.4m | 475.1m | 471.7m | 468.2m | 456.5m | 464.9m | 469.6m |

## Operating expense total | 542.6m | 515.4m | 707.9m | 489.9m | 534.0m | 471.1m | 481.1m | 479.1m | 634.7m |

## EBIT | 70.0m | 87.0m | (54.4m) | 146.8m | 96.1m | 153.1m | 62.7m | 46.5m | (115.8m) |

| 2% | 2% | (1%) | 3% | 2% | 3% | 1% | 1% | (3%) |

## Interest expense | 24.1m | 25.6m | 26.0m | 30.1m | 33.7m | 36.3m | 33.6m | 33.9m | 29.7m |

## Pre tax profit | 61.5m | 62.1m | (72.1m) | 31.3m | 64.9m | 125.6m | 34.0m | 12.1m | (158.1m) |

## Income tax expense | 3.3m | 5.3m | 243.5m | 31.3m | 28.1m | 30.6m | (7.7m) | 6.9m | (29.4m) |

## Net Income | 58.3m | 46.7m | (320.1m) | 83.7m | 36.4m | 88.0m | 41.8m | 3.7m | (128.7m) |

## EPS | 0.5 | 0.4 | (2.7) | 0.7 | 0.3 | 0.8 | 0.4 | 0.0 | (1.3) |

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Cash | 621.1m | 546.1m | 477.0m |

## Accounts Receivable | 3.6b | 3.2b | 2.9b |

## Prepaid Expenses | 206.5m | 153.4m | 191.4m |

## Inventories | 3.1b | 3.0b | 2.7b |

## Current Assets | 7.6b | 6.9b | 6.3b |

## PP&E | 522.9m | 452.2m | 404.6m |

## Goodwill | 980.9m | 876.7m | 773.7m |

## Total Assets | 9.6b | 8.6b | 8.1b |

## Accounts Payable | 2.3b | 1.9b | 1.8b |

## Short-term debt | 165.4m | 300.5m | 53.4m |

## Current Liabilities | 3.0b | 2.6b | 2.3b |

## Long-term debt | 1.5b | 1.4b | 1.7b |

## Total Debt | 1.7b | 1.7b | 1.7b |

## Total Liabilities | 4.9b | 4.4b | 4.4b |

## Common Stock | 115.8m | 104.0m | 98.8m |

## Additional Paid-in Capital | 1.5b | 1.6b | 1.6b |

## Retained Earnings | 3.2b | 2.8b | 2.4b |

## Total Equity | 4.7b | 4.1b | 3.7b |

## Debt to Equity Ratio | 0.4 x | 0.4 x | 0.5 x |

## Debt to Assets Ratio | 0.2 x | 0.2 x | 0.2 x |

## Financial Leverage | 2 x | 2.1 x | 2.2 x |

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Net Income | (156.4m) | 176.3m | (31.1m) |

## Depreciation and Amortization | 234.9m | 180.8m | 242.9m |

## Accounts Receivable | (296.2m) | 465.0m | 221.5m |

## Inventories | (308.7m) | 81.9m | 266.8m |

## Accounts Payable | 409.6m | (377.9m) | (107.0m) |

## Cash From Operating Activities | 253.5m | 534.8m | 730.2m |

## Purchases of PP&E | (155.9m) | (122.7m) | (73.5m) |

## Cash From Investing Activities | 71.7m | (25.2m) | (135.0m) |

## Long-term Borrowings | (135.0m) | (61.7m) | (304.2m) |

## Dividends Paid | (88.3m) | (87.2m) | (84.0m) |

## Cash From Financing Activities | (541.9m) | (582.7m) | (644.5m) |

## Net Change in Cash | (215.3m) | (75.0m) | (69.1m) |

USD | Q1, 2018 |
---|---|

## EV/EBIT | 85 x |

## EV/CFO | -46.4 x |

## Revenue/Employee | 296.9k |

## Debt/Equity | 0.3 x |

## Debt/Assets | 0.2 x |

## Financial Leverage | 1.9 x |

## P/E Ratio | 82.9 |

Avnet's Units Shipped was reported to be 117 b in FY, 2017. Avnet's Customers was reported to be 2.1 m in Q3, 2020.

FY, 2014 | Jun, 2015 | FY, 2017 | Jul, 2017 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|

## Customers | 100 k | 110 k | 2.10 m | 2.10 m | 2.10 m | 2.10 m | 2.10 m | 2.10 m | 2.10 m | 2.10 m | ||

## Suppliers | 800 | 600 | 140 k | 1.40 k | 1.40 k | 1.40 k | 1.40 k | 1.40 k | 1.40 k | 1.40 k | ||

## Countries | 90 | 100 | 140 | 140 | 140 | 140 | 140 | 140 | 140 | 140 | ||

## Units Shipped | 87.30 b | 117 b | ||||||||||

## Distribution Centers | 30 |