AVNET INC company info

CIK 8858
IRS Number 111890605
State of incorporation NY
Business address 2211 SOUTH 47TH STREET
None
PHOENIX
AZ
85034
Mail address 2211 SOUTH 47TH STREET
None
PHOENIX
AZ
85034

Short summary

AVNET INC is a Arizona company, with head office located at 2211 South 47Th Street Phoenix, Arizona 85034. The company achieved a record breaking net income in 2011 - 567.02 million USD. In 2018 the company owned a total of 8.56 billion USD worth of assets, including 6.88 billion USD worth of current assets. 2013 was the year when the company amassed the most assets.

AVNET INC Income Statement

Name [in Millions USD]2006200720082009201020112012201320142015201620172018Trends
Revenue, Net 17,952.7116,229.9019,160.1725,707.5225,458.9227,499.6517,655.3217,439.9619,036.89
Gross Profit 2,313.722,022.992,280.223,050.562,979.803,225.733,193.122,369.442,527.182,486.10
Selling, General and Administrative Expense 1,564.001,531.521,619.202,092.812,204.322,341.172,274.641,788.331,991.401,874.65
Operating Income (Loss) 710.77-1,019.00635.60884.17625.98789.94653.15443.70209.20365.91
Interest expense 88.2278.6761.7590.86107.65104.8287.08106.6992.75134.87
Other Nonoperating Income (Expense) 20.95-11.622.48-5.44-0.07-6.095.45-44.3128.6111.23
Income Tax Expense (Benefit) 203.8334.74174.71223.7699.19155.52141.0547.05287.9762.16
Net income 489.58-1,129.71410.37567.02450.07545.60525.28-156.42176.34

AVNET INC Balance Sheet

Name [in Millions USD]2006200720082009201020112012201320142015201620172018Trends
Cash and cash equivalents 557.35640.45943.92754.57781.751,006.861,009.34928.97932.551,036.49836.38621.13546.11
Accounts Receivable, Net, Current 2,618.703,323.954,706.564,607.324,868.975,220.535,054.314,874.183,337.623,641.143,168.37
Inventories 1,411.761,747.722,514.162,388.642,264.342,613.362,482.182,826.862,824.713,141.823,008.42
Property, Plant and Equipment, Gross 844.171,079.641,184.591,217.081,213.931,081.561,116.161,253.67
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 541.59618.41691.98783.49773.01667.70758.04886.06
Goodwill 550.12566.19908.281,100.621,261.291,348.471,278.761,295.411,148.35980.87876.73
Intangible Assets, Net (Excluding Goodwill) 42.76172.21184.31152.27
Other Assets, Noncurrent 273.46294.31320.41351.58363.91233.54210.61194.22220.57262.55215.80
Total assets 6,273.527,157.799,839.9810,167.8710,474.7011,255.5210,799.9511,125.469,699.599,596.858,564.56
Current assets 5,144.255,994.708,215.748,254.448,356.888,954.208,642.078,938.107,533.817,610.606,876.34
Accounts payable 1,957.992,534.613,412.853,230.773,278.153,402.373,338.053,297.981,861.642,269.481,864.34
Total current liabilities 2,455.863,110.374,725.024,798.654,821.444,978.834,272.304,564.422,453.772,969.462,578.58
Long-term Debt, Excluding Current Maturities 946.57937.521,250.521,271.991,206.991,213.811,646.501,610.541,729.211,489.221,419.92
Long-term Debt 2,045.182,078.901,977.62
Total liabilities 3,512.664,136.796,105.506,262.136,185.566,365.326,114.936,365.264,517.524,911.764,424.08
Common Stock, Value, Issued 151.10151.83152.80142.59137.13138.29135.50128.54123.08115.83104.04
Retained Earnings (Accumulated Deficit) 1,214.071,483.322,054.682,545.862,802.973,257.413,582.603,602.703,799.363,235.892,767.47
Accumulated Other Comprehensive Income (Loss), Net of Tax 218.09185.26299.04-45.8328.90139.51-441.04-413.67-243.87-195.35-304.04

AVNET INC Cash Flow

Name [in Millions USD]2006200720082009201020112012201320142015201620172018Trends
Net income 489.58-1,129.71410.37567.02450.07545.60525.28-156.42176.34
Depreciation and amortization 120.70137.2082.20155.40234.90180.80
Amortization of Intangible Assets 27.7932.3444.7251.6753.9591.4883.68
Depreciation and amortization 58.8565.7860.6473.55120.6892.46
Deferred Income Tax Expense (Benefit) 101.10-92.7946.4211.78-10.02-15.6422.52-18.25-68.83-6.74
Accounts receivable -46.10-709.911,070.30-72.2794.20306.87204.11371.82296.18-464.98
Inventories -36.45-483.45459.92-133.18-225.67226.1478.34-84.41308.66-81.93
Net Cash Provided by (Used in) Operating Activities 453.621,118.04-30.42528.72696.20237.42583.88-368.69253.49534.77
Payments to Acquire Property, Plant, and Equipment 89.66110.2266.89128.6597.38123.24174.37120.40155.87122.69
Payments to Acquire Businesses, Net of Cash Acquired 369.39314.9469.33313.22262.31116.88802.7415.2556.42
Net Cash Provided by (Used in) Investing Activities -378.38-397.69-112.42-440.82-353.05-237.46-186.341,338.4771.73-25.21
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -353.05-237.46-145.06-904.49-164.47-148.69
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 34.3936.2254.1953.1426.1245.42
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 34.3936.2254.1953.1426.1245.42
Payments for Repurchase of Common Stock 0318.33207.198.62159.98275.88323.52568.71
Payments of Ordinary Dividends, Common Stock 0082.7687.3388.6688.2687.16
Net Cash Provided by (Used in) Financing Activities -33.05-405.24296.77283.07-344.08-88.50-340.99-1,188.14-541.89-582.68
Cash and Cash Equivalents, Period Increase (Decrease) 83.10303.47148.18331.532.48-80.373.58-195.09