Avnet Accounts Payable from 2010 to 2024

AVT Stock  USD 54.71  0.48  0.89%   
Avnet Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable will likely drop to about 1.8 B in 2024. Accounts Payable is the amount Avnet Inc owes to suppliers or vendors for products or services received but not yet paid for. It represents Avnet's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1989-06-30
Previous Quarter
3.3 B
Current Value
3.6 B
Quarterly Volatility
1.2 B
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Avnet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avnet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 97.3 M, Interest Expense of 268.7 M or Selling General Administrative of 1.3 B, as well as many indicators such as Price To Sales Ratio of 0.27, Dividend Yield of 0.0172 or PTB Ratio of 1.1. Avnet financial statements analysis is a perfect complement when working with Avnet Valuation or Volatility modules.
  
Check out the analysis of Avnet Correlation against competitors.

Latest Avnet's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Avnet Inc over the last few years. An accounting item on the balance sheet that represents Avnet obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Avnet Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Avnet's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Avnet's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Pretty Stable
   Accounts Payable   
       Timeline  

Avnet Accounts Payable Regression Statistics

Arithmetic Mean2,582,704,271
Geometric Mean2,159,102,137
Coefficient Of Variation37.31
Mean Deviation796,333,045
Median3,230,765,000
Standard Deviation963,714,226
Sample Variance928745.1T
Range3.3B
R-Value0.13
Mean Square Error984165.4T
R-Squared0.02
Significance0.65
Slope27,273,844
Total Sum of Squares13002431.5T

Avnet Accounts Payable History

20241.8 B
20233.3 B
20223.4 B
20213.4 B
20202.4 B
20191.8 B
20181.9 B

About Avnet Financial Statements

Avnet shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Avnet investors may analyze each financial statement separately, they are all interrelated. The changes in Avnet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Avnet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable3.3 B1.8 B

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Additional Tools for Avnet Stock Analysis

When running Avnet's price analysis, check to measure Avnet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avnet is operating at the current time. Most of Avnet's value examination focuses on studying past and present price action to predict the probability of Avnet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avnet's price. Additionally, you may evaluate how the addition of Avnet to your portfolios can decrease your overall portfolio volatility.