Azenta (AZTA) Change in Working Capital (2021 - 2023)

Azenta (AZTA) recorded quarterly Change in Working Capital of -$9.6 million in Q3 2023, down 175.38% quarter-over-quarter from $12.8 million in Q2 2023, and up 53.93% on a YoY basis from -$6.3 million in Q3 2022.

Azenta (AZTA) Change in Working Capital (2021 - 2023) Analysis & Trends

Azenta's Change in Working Capital history runs 3 years deep, the most recent figure standing at -$9.6 million for Q3 2023.

  • In Q3 2023, Change in Working Capital rose 53.93% year-over-year to -$9.6 million; the TTM figure through Sep 2023 stood at $26.9 million (up 3051.15% YoY), while the FY2023 annual figure was $26.9 million, up 3051.15% from the prior year.
  • Change in Working Capital was -$9.6 million for Q3 2023 at Azenta, down from $12.8 million in the prior quarter.
  • In the past five years, Change in Working Capital ranged from a high of $23.4 million in Q1 2022 to a low of -$20.9 million in Q3 2022.
  • Historically, Change in Working Capital has averaged $3.3 million across 3 years, with a median of $8.3 million in 2021.
  • The sharpest annual moves came in 2022 and 2023: Change in Working Capital slumped 44.0% in 2022, then jumped 190.88% in 2023.
  • A 3-year view of Change in Working Capital shows it stood at $10.7 million in 2021, then tumbled by 44.0% to $6.0 million in 2022, then slumped by 260.97% to -$9.6 million in 2023.
  • The last three Change in Working Capital figures came in at -$9.6 million (Q3 2023), $12.8 million (Q2 2023), and $17.8 million (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Working Capital (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn -
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn -
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn -
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn -
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn -
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn -
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn -
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn -
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn -
10 Azenta 1.06 Bn 682.62 Mn 62.04 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2023 -9.63 Mn
Sep 30, 2023 -9.63 Mn
Jun 30, 2023 12.78 Mn
Jun 30, 2023 12.78 Mn
Mar 31, 2023 17.81 Mn
Mar 31, 2023 17.81 Mn
Dec 31, 2022 5.99 Mn
Dec 31, 2022 5.99 Mn
Sep 30, 2022 -20.91 Mn
Sep 30, 2022 -20.91 Mn
Jun 30, 2022 -14.06 Mn
Jun 30, 2022 -14.06 Mn
Mar 31, 2022 23.37 Mn
Mar 31, 2022 23.37 Mn
Dec 31, 2021 10.69 Mn
Dec 31, 2021 10.69 Mn