Avnet (FRA:VNI) Change In Inventory : €-421 Mil (TTM As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Avnet Change In Inventory?

Avnet's change in inventory for the quarter that ended in Mar. 2024 was €275 Mil. It means Avnet's inventory declined by €275 Mil from Dec. 2023 to Mar. 2024 .

Avnet's change in inventory for the fiscal year that ended in Jun. 2023 was €-1,083 Mil. It means Avnet's inventory increased by €1,083 Mil from Jun. 2022 to Jun. 2023 .

Avnet's Total Inventories for the quarter that ended in Mar. 2024 was €5,292 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avnet's Days Inventory for the quarter that ended in Mar. 2024 was 108.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Avnet's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.84.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Avnet's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.05.

Avnet Change In Inventory Historical Data

The historical data trend for Avnet's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Avnet Change In Inventory Chart

Avnet Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

Get a 7-Day Free Trial

72.51

236.91

-339.53

-1,153.05

-1,082.79

Avnet Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-323.63	-128.98	-348.19	-218.62	274.99

Avnet Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-421 Mil.

Avnet (FRA:VNI) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Avnet's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	5450.0465	/	4585.573	*	365 / 4
	=	108.45

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Avnet's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4585.573	/	5450.0465
	=	0.84

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Avnet's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5450.0465	/	5201.304
	=	1.05

Avnet Change In Inventory Related Terms

Thank you for viewing the detailed overview of Avnet's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Avnet (FRA:VNI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Avnet Inc (FRA:VNI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

AVT:USA

Address

2211 South 47th Street, Phoenix, AZ, USA, 85034

Website

https://www.avnet.com

Avnet Inc is a global distributor of electronic components, connecting suppliers of semiconductors and other components to a base of 2.1 million small- and mid-sized customers in 140 countries. Avnet is the third largest semiconductor distributor in the world, and the largest for European chip distribution. Avnet services all levels of electronics design and development, servicing engineers with design tools, test kits, and services alongside its high-volume distribution for final designs.

Avnet (FRA:VNI) Headlines

No Headlines