What is Azenta's asset turnover?

Azenta (AZTA) reported asset turnover of 0.2× in Q1 2024.

How has Azenta's asset turnover changed year-over-year?

Azenta's asset turnover increased by 39.1% year-over-year, from 0.2× to 0.2×.

What is the long-term trend for Azenta's asset turnover?

Over 3 years (2020 to 2023), Azenta's asset turnover has grown at a -7.3% compound annual growth rate (CAGR), from 0.3× to 0.2×.

What does asset turnover mean?

Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.

Azenta AZTA Asset turnover

Asset turnover at other companies

Thermo Fisher ScientificTMO

0.4×0.0×

DanaherDHR

0.3×0.0×

Labcorp HoldingsLH

0.8×0.0×

IlluminaILMN

0.7×+0.2×

CryoPort, Inc.CYRX

0.3×+0.1×

Twist Bioscience CorporationTWST

0.6×+0.1×

Other financials

Income statement

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Revenue$144.8M+1.0%

Gross profit$62.0M-1.2%

Operating income-$165.8M-811%

Net income-$160.8M-237%

EPS (diluted)-$3.49-236%

Balance sheet

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Cash & equivalents$125.2M—

Total debt$55.7M—

Total equity$1.6B-8.3%

Total assets$1.9B—

Cash flow

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Operating cash flow$13.5M-6.2%

CapEx$7.4M-0.1%

Free cash flow$6.1M-12.7%

Valuation

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Market cap$1.1B-19.0%

Enterprise value$1.03B—

P/S1.8×-0.3×

Profitability

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Gross margin40%-1.0pp

Operating margin-31.6%-59.7pp

Net margin-29.1%-80.7pp

FCF margin8.6%—

Returns & leverage

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Return on equity-10.7%-22.4pp

Debt / equity0×—

Current ratio2.8×—

Where this comes from

Calculated from Azenta’s reported figures.

total revenue/total assets=0.2×

Based on trailing twelve months.

The official record: Azenta’s 10-Q, filed May 9, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Azenta's asset turnover?: Azenta (AZTA) reported asset turnover of 0.2× in Q1 2024.
How has Azenta's asset turnover changed year-over-year?: Azenta's asset turnover increased by 39.1% year-over-year, from 0.2× to 0.2×.
What is the long-term trend for Azenta's asset turnover?: Over 3 years (2020 to 2023), Azenta's asset turnover has grown at a -7.3% compound annual growth rate (CAGR), from 0.3× to 0.2×.
What does asset turnover mean?: Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.