Avanos Medical (AVNS) Asset Utilization Ratio (2016 - 2025)
Avanos Medical's Asset Utilization Ratio history spans 11 years, with the latest figure at 0.41 for Q3 2024.
- For Q3 2024, Asset Utilization Ratio rose 8.39% year-over-year to 0.41; the TTM value through Sep 2024 reached 0.41, up 8.39%, while the annual FY2023 figure was 0.39, 4.09% down from the prior year.
- Asset Utilization Ratio for Q3 2024 was 0.41 at Avanos Medical, roughly flat from 0.41 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.45 in Q3 2021 and bottomed at 0.33 in Q3 2022.
- The 5-year median for Asset Utilization Ratio is 0.4 (2020), against an average of 0.39.
- The largest annual shift saw Asset Utilization Ratio dropped 27.18% in 2022 before it rose 16.13% in 2023.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.41 in 2020, then dropped by 10.94% to 0.37 in 2021, then grew by 4.74% to 0.38 in 2022, then rose by 2.59% to 0.39 in 2023, then grew by 4.37% to 0.41 in 2024.
- Per Business Quant, the three most recent readings for AVNS's Asset Utilization Ratio are 0.41 (Q3 2024), 0.41 (Q2 2024), and 0.41 (Q1 2024).