Avnet Inc (AVT)
Current ratio
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 10,018,700 | 9,795,360 | 10,072,400 | 10,679,200 | 10,370,600 | 10,485,800 | 11,139,000 | 10,911,100 | 10,750,900 | 10,443,500 | 10,303,600 | 9,509,900 | 8,876,630 | 8,217,640 | 7,944,210 | 7,465,070 | 7,163,420 | 6,604,600 | 6,454,450 | 6,602,190 |
| Total current liabilities | US$ in thousands | 4,128,100 | 4,014,380 | 4,206,060 | 4,747,880 | 4,465,270 | 4,492,670 | 4,765,560 | 4,290,380 | 4,249,380 | 3,969,750 | 4,057,660 | 4,659,190 | 4,251,650 | 4,065,790 | 3,688,500 | 3,113,340 | 3,055,240 | 2,885,940 | 2,826,320 | 2,766,410 |
| Current ratio | 2.43 | 2.44 | 2.39 | 2.25 | 2.32 | 2.33 | 2.34 | 2.54 | 2.53 | 2.63 | 2.54 | 2.04 | 2.09 | 2.02 | 2.15 | 2.40 | 2.34 | 2.29 | 2.28 | 2.39 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $10,018,700K ÷ $4,128,100K
= 2.43
The current ratio of Avnet Inc has exhibited relative stability over the analyzed period from September 2020 through June 2025. Throughout this timeline, the ratio has generally remained within a narrow range, fluctuating between a high of approximately 2.63 in March 2023 and a low of about 2.02 in March 2022.
Initially, the current ratio demonstrated a slight decline from levels above 2.39 in September 2020 and December 2020 to around 2.15 at the end of 2021. The most notable dip occurred in March 2022, when the ratio dropped to approximately 2.02, suggesting a modest decrease in liquidity during that period. Subsequently, the ratio increased again, reaching a peak of approximately 2.63 in March 2023, indicating an improvement in short-term liquidity.
Following this peak, the current ratio experienced a slight downward trend, settling around 2.53 in June 2023 and maintaining similar levels into September 2023. In late 2023, the ratio decreased to about 2.34 before stabilizing around 2.33 to 2.44 through March 2025.
Overall, the stability of the current ratio within this range suggests that Avnet Inc has maintained a consistent capacity to meet its short-term obligations through current assets relative to current liabilities. The fluctuations appear to be modest and within a reasonable margin, pointing to stable liquidity management practices over the examined period.
Peer comparison
Jun 30, 2025