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Net Rental Expense for Avnet Inc

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AVT: Avnet Inc

Avnet, Inc., distributes electronic component technology. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distribute...

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Metric Usage: Net Rental Expense

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Net Rental Expense

This item represents rental expenses incurred during the period covered by the financial statements on properties leased under operating leases.

Definition of Net Rental Expense

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Avnet reported net rental expense of 93.074 M for the latest twelve months ending December 28, 2024 on its income statement.

The tables below summarizes Avnet’s Net Rental Expense and common size over the last five years:

Fiscal YearNet Rental ExpenseRevenue% Revenue
2020-06-27NA17.634 B0.0%
2021-07-03NA19.535 B0.0%
2022-07-0294.401 M24.311 B0.4%
2023-07-0188.9 M26.537 B0.3%
2024-06-2993.074 M23.757 B0.4%

The tables below summarizes Avnet’s Net Rental Expense and common size over the last four quarters:

Quarter EndingNet Rental ExpenseRevenue% Revenue
2024-03-30NA5.654 B0.0%
2024-06-2993.074 M5.563 B1.7%
2024-09-28NA5.604 B0.0%
2024-12-28NA5.663 B0.0%

Click the link below to download a spreadsheet with an example Net Rental Expense calculation for Avnet Inc below:

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