Company Information

  

Address: 2211 SOUTH 47TH STREET  
City: PHOENIX 
State: AZ 
Zip Code: 85034 
Telephone: 480-643-2000 

Description of Business

Primary SIC Code: 5065
(As filed with the SEC)  

Avnet, Inc., founded in 1921 and incorporated in New York in 1955, together with its consolidated subsidiaries (the "Company" or "Avnet"), is a global value-added distributor of electronic components. Avnet creates a vital link in the technology supply chain that connects the world's leading electronic component manufacturers with a global customer base primarily comprised of original equipment manufacturers ("OEMs"), electronic manufacturing services ("EMS") providers and original design manufacturers ("ODMs"). Avnet distributes electronic components, as received from its suppliers or through a customized integrated solution, and offers assembly and other value-added services. Avnet supports customers of all types and sizes at each stage of the product lifecycle with a comprehensive portfolio of design and supply chain services.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20172.050.18018.97
03/2017-0.530.180N/E
12/2016-0.410.170N/E
09/20160.170.170241.53
06/20160.380.170106.60
03/20164.270.17010.37
12/20154.520.1709.48
09/20154.170.17010.24

Key Financial Ratios and Statistics

FYE: 07/01

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.32Total Liab/Total Assets0.47
Net Inc/Total Assets0.05Total Liab/Inv Cap0.63
Net Inc/Inv Cap0.07Total Liab/Comm Equity2.78
Pretax Inc/Net Sales0.02Interest Coverage Ratio3.91
Net Inc/Net Sales0.03Curr Debt/Equity0.01
Cash Flow/Net Sales-0.02LTD/Equity0.33
SG&A/NetSales0.10Total Debt/Equity0.34
Asset Utilization   Liquidity  
Net Receivables Turnover5.71Quick Ratio1.92
Inventory Turnover5.60Current Ratio3.07
Inventory Day Sales0.01Net Rec/Curr Assets0.44
Net Sales/Work Cap3.43Inv/Curr Assets0.37
Net Sales/PP&E33.57  

Income Statement (Millions)

  7/1/2017 4/1/2017 12/31/2016 10/1/2016
Total Revenues(Net Sales) 4,606.40 4,441.90 4,218.26 4,173.41
Cost of Goods Sold 3,975.79 3,811.91 3,634.90 3,647.92
Selling & Admin Exps 495.21 480.19 430.20 365.03
Operating Income 93.37 114.28 122.75 130.99
Interest Exp 25.17 27.53 26.75 27.24
Pretax Income 54.70 106.19 59.49 90.02
Other Income -13.50 19.44 -36.52 -13.73
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 81.45 271.77 103.22 68.84

Balance Sheet (Millions)

Assets 7/1/2017 4/1/2017 12/31/2016 10/1/2016
Cash & Short Term Investments 1,117.71 1,390.78 1,270.14 1,196.55
Receivables - Total 3,337.62 3,237.44 2,996.11 2,876.35
Inventories - Total 2,824.71 2,771.24 2,697.80 2,418.76
Total Current Assets 7,533.81 7,672.99 11,077.10 9,699.75
Net Property, Plant & Equipment 519.58 526.03 565.11 471.32
Total Assets 9,699.59 9,845.78 13,256.00 11,046.12
Liabilities        
Accounts Payable 2,403.66 2,612.07 2,230.42 1,883.00
Debt in Current Liabilities 50.11 32.57 246.73 98.02
Total Current Liabilities 2,453.77 2,644.64 4,809.79 3,433.87
Long-Term Debt 1,729.21 1,724.23 3,382.43 2,609.62
Total Liabilities 4,517.52 4,746.21 8,544.13 6,257.10
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 123.08 126.24 127.98 127.58
Retained Earnings 3,799.36 3,872.41 3,760.91 3,679.44
Treasury Stock NA -0.13 -0.17 -0.22
Total Stockholders' Equity 5,182.07 5,099.57 4,711.86 4,789.03
Total Liabilities and Stockholders' Equity 9,699.59 9,845.78 13,256.00 11,046.12

Cash Flow Summary (Millions)

Categories 7/1/2017 4/1/2017 12/31/2016 10/1/2016
Net Cash Provided by Operating Activities -184.06 -424.72 240.23 -0.14
Net Cash Provided by Investing Activities -6.19 2,208.78 -829.73 -34.39
Net Cash Provided by Financing Activities -140.94 -1,936.90 695.91 193.79

Annual Summary Data (Millions)

Year Sales Net Income EPS
07/201325,458.92450.073.21
07/201427,499.65545.603.89
07/201517,655.32571.914.12
07/201616,740.60506.530.38
07/201717,439.96525.282.05
Growth Rates-9.023.94-10.61

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17390120,58498.86




Report Date : 10/16/2017

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