GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Avient Corp (NYSE:AVNT) » Definitions » Capex-to-Revenue

Avient (Avient) Capex-to-Revenue : 0.06 (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Avient Capex-to-Revenue?

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue.

Avient's Capital Expenditure for the three months ended in Dec. 2023 was $-44.40 Mil. Its Revenue for the three months ended in Dec. 2023 was $719.00 Mil.

Hence, Avient's Capex-to-Revenue for the three months ended in Dec. 2023 was 0.06.


Avient Capex-to-Revenue Historical Data

The historical data trend for Avient's Capex-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Avient Capex-to-Revenue Chart

Avient Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.02 0.03 0.03 0.04

Avient Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Capex-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.02 0.03 0.04 0.06

Competitive Comparison of Avient's Capex-to-Revenue

For the Specialty Chemicals subindustry, Avient's Capex-to-Revenue, along with its competitors' market caps and Capex-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Avient's Capex-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Avient's Capex-to-Revenue distribution charts can be found below:

* The bar in red indicates where Avient's Capex-to-Revenue falls into.



Avient Capex-to-Revenue Calculation

Avient's Capex-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Revenue=- Capital Expenditure / Revenue
=- (-119.4) / 3142.8
=0.04

Avient's Capex-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Revenue=- Capital Expenditure / Revenue
=- (-44.4) / 719
=0.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Avient  (NYSE:AVNT) Capex-to-Revenue Explanation

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue. The ratio shows how aggressively the company reinvests its revenue back into productive assets. However, a high ratio potentially indicates that the company has invested too much in innovation and infrastructure, taking up funds that could be used to boost productivity and increase revenue. Therefore, a high Capex to Revenue Ratio could be a positive or a negative sign depending on how effectively a company converts those investments into future earnings.


Avient Capex-to-Revenue Related Terms

Thank you for viewing the detailed overview of Avient's Capex-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Avient (Avient) Business Description

Traded in Other Exchanges
Address
33587 Walker Road, Avon Lake, OH, USA, 44012
Avient Corp manufactures and sells a variety of chemical and plastic-based products to designers and processors of plastics. The firm operates in three segments: Specialty Engineered Materials; Distribution; and Color, Additives, & Ink. The company's product portfolio includes concentrated color and ink blends, plastic resins, and various specialized polymer materials used in industries such as food packaging, construction, transportation, cosmetics, and healthcare. The color, additives, & ink segment and the distribution segment together generate a vast majority of revenue. More than half of the total revenue is derived from the United States.
Executives
Robert M Patterson director, officer: Chairman, President & CEO 33587 WALKER ROAD, AVON LAKE OH 44012
Joel R. Rathbun officer: SVP, Mergers & Acquisitions 33587 WALKER ROAD, AVON LAKE OH 44012
Kristen Gajewski officer: SVP & CHRO 33587 WALKER ROAD, AVON LAKE OH 44012
Lisa K. Kunkle officer: SVP Gnrl Counsel & Secretary 33587 WALKER ROAD, AVON LAKE OH 44012
Neil Green director 33587 WALKER ROAD, AVON LAKE OH 44012
Ernest Nicolas director 1201 S. 2ND STREET, MILWAUKEE WI 53204
Michael A Garratt officer: SVP, Chief Commercial Officer 33587 WALKER ROAD, AVON LAKE OH 44012
Robert Vinod Purayath officer: SVP & Chief Technology Officer 33587 WALKER ROAD, AVON LAKE OH 44012
Jamie A. Beggs officer: SVP & Chief Financial Officer 33587 WALKER ROAD, AVON LAKE OH 44012
Cathy Dodd officer: SVP, Chief Commercial Officer 33587 WALKER ROAD, AVON LAKE OH 44012
J Scott Horn officer: SVP, President Distribution 33587 WALKER ROAD, AVON LAKE OH 44012
Richard H Fearon director 1239 GERBING ROAD, AMELIA ISLAND FL 32034
Midea M. John Jr. officer: SVP, Glbl Ops & Process Imprv 33587 WALKER ROAD, AVON LAKE OH 44012
Woon Keat Moh officer: SVP, President of CAI 33587 WALKER ROAD, AVON LAKE OH 44012
Patricia Verduin director ONE CONAGRA DRIVE, OMAHA NE 68102

Avient (Avient) Headlines

From GuruFocus

Avient Announces Quarterly Dividend

By PRNewswire PRNewswire 07-01-2022

Avient To Hold Fourth Quarter 2022 Conference Call

By PRNewswire PRNewswire 01-06-2023

Avient To Hold Second Quarter 2022 Conference Call

By PRNewswire PRNewswire 07-07-2022

Avient Announces Quarterly Dividend

By PRNewswire PRNewswire 06-21-2022