| Address:
|
1345 AVENUE OF THE AMERICAS
|
| City: |
NEW YORK |
|
State: |
NY |
|
Zip Code: |
10105-0196 |
| Telephone: |
212-282-5000 |
|
Description of Business
|
Primary SIC Code:
2844 |
| (As filed with the SEC)
|
|
|
When used in this report, the terms "Avon," "Company," "we," "our" or "us" mean,
unless the context otherwise indicates, Avon Products, Inc. and its majority and
wholly owned subsidiaries.
General
We are a global manufacturer and marketer of beauty and related products. We
commenced operations in 1886 and were incorporated in the State of New York on
January 27, 1916. We conduct our business in the highly competitive beauty
industry and compete against other consumer packaged goods ("CPG") and
direct-selling companies to create, manufacture and market beauty and
non-beauty-related products. Our product categories are Beauty, Fashion and
Home. Beauty consists of color cosmetics, fragrances, skin care and personal
care. Fashion consists of fashion jewelry, watches, apparel, footwear,
accessories and children's products. Home consists of gift and decorative
products, housewares, entertainment and leisure products and nutritional
products. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 1.70 | 0.230 | 11.53 | | 06/2011 | 1.71 | 0.230 | 16.37 | | 03/2011 | 1.61 | 0.230 | 16.80 | | 12/2010 | 1.36 | NA | 21.37 | | 09/2010 | 1.49 | 0.220 | 21.55 | | 06/2010 | 1.47 | 0.220 | 18.03 | | 03/2010 | 1.28 | 0.220 | 26.46 | | 12/2009 | 1.45 | 0.210 | 21.72 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -0.26 | Total Liab/Total Assets | 0.79 | | Net Inc/Total Assets | 0.08 | Total Liab/Inv Cap | 1.48 | | Net Inc/Inv Cap | 0.14 | Total Liab/Comm Equity | -2.65 | | Pretax Inc/Net Sales | 0.09 | Interest Coverage Ratio | 11.85 | | Net Inc/Net Sales | 0.06 | Curr Debt/Equity | 0.44 | | Cash Flow/Net Sales | 0.06 | LTD/Equity | 1.45 | | SG&A/NetSales | 0.53 | Total Debt/Equity | 1.89 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 13.65 | Quick Ratio | 1.03 | | Inventory Turnover | 3.67 | Current Ratio | 1.42 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.20 | | Net Sales/Work Cap | 8.85 | Inv/Curr Assets | 0.28 | | Net Sales/PP&E | 6.67 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
2,762.40
|
2,856.40
|
2,629.10
|
3,175.60
|
|
Cost of Goods Sold
|
998.30
|
1,018.00
|
949.80
|
1,211.50
|
|
Selling & Admin Exps
|
1,485.50
|
1,521.80
|
1,432.80
|
1,608.20
|
|
Operating Income
|
278.60
|
316.60
|
246.50
|
355.90
|
|
Interest Exp
|
22.90
|
23.90
|
22.70
|
23.80
|
|
Pretax Income
|
241.30
|
293.70
|
224.90
|
333.90
|
|
Other Income
|
-14.40
|
1.00
|
1.10
|
1.80
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
164.20
|
206.20
|
143.60
|
229.50
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
988.20
|
1,011.00
|
1,015.30
|
1,179.90
|
|
Receivables - Total
|
783.20
|
828.80
|
803.50
|
826.30
|
|
Inventories - Total
|
1,361.20
|
1,341.00
|
1,293.50
|
1,152.90
|
|
Total Current Assets
|
4,141.20
|
4,285.00
|
4,165.00
|
4,184.30
|
|
Net Property, Plant & Equipment
|
1,567.00
|
1,691.80
|
1,646.90
|
1,627.40
|
|
Total Assets
|
7,879.40
|
8,116.80
|
7,887.10
|
7,873.70
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
2,086.30
|
2,111.90
|
2,182.30
|
2,228.70
|
|
Debt in Current Liabilities
|
785.70
|
807.40
|
726.40
|
727.60
|
|
Total Current Liabilities
|
2,872.00
|
2,919.30
|
2,908.70
|
2,956.30
|
|
Long-Term Debt
|
2,464.80
|
2,417.30
|
2,391.10
|
2,408.60
|
|
Total Liabilities
|
6,050.10
|
6,092.50
|
6,063.80
|
6,217.20
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
14.40
|
14.00
|
16.30
|
16.10
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
187.30
|
187.30
|
187.10
|
186.60
|
|
Retained Earnings
|
4,825.70
|
4,761.40
|
4,655.00
|
4,610.80
|
|
Treasury Stock
|
-4,565.50
|
-4,565.70
|
-4,564.80
|
-4,559.30
|
|
Total Stockholders' Equity
|
1,829.30
|
2,024.30
|
1,823.30
|
1,656.50
|
|
Total Liabilities and Stockholders' Equity
|
7,879.40
|
8,116.80
|
7,887.10
|
7,873.70
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
146.00
|
119.80
|
-31.60
|
377.50
|
|
Net Cash Provided by Investing Activities
|
-22.50
|
-108.80
|
-49.40
|
-103.50
|
|
Net Cash Provided by Financing Activities
|
-120.20
|
-19.60
|
-103.30
|
-4.40
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 8,763.90 | 477.60 | 1.06 | | 12/2007 | 9,938.70 | 530.70 | 1.21 | | 12/2008 | 10,690.10 | 875.30 | 2.04 | | 12/2009 | 10,205.20 | 625.80 | 1.45 | | 12/2010 | 10,862.80 | 606.30 | 1.36 | | Growth Rates | 5.51 | 6.15 | 6.43 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 484 | 364,520 | 84.62 |
|
Report Date :
2/6/2012
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2012, EDGAR Online, Inc. All
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