Azenta (AZTA) Change in Working Capital (2021 - 2023)
Azenta's (AZTA) quarterly Change in Working Capital came in at -$9.6 million in Q3 2023, up 53.93% year-on-year from -$6.3 million in Q3 2022, and down 175.38% on a QoQ basis from $12.8 million in Q2 2023.
Azenta (AZTA) Change in Working Capital (2021 - 2023) Analysis & Trends
Azenta (AZTA) has 3 years of Change in Working Capital data on file, last reported at -$9.6 million in Q3 2023.
- On a quarterly basis, Change in Working Capital rose 53.93% year-over-year to -$9.6 million in Q3 2023; TTM through Sep 2023 was $26.9 million, a 3051.15% increase from a year earlier, with the FY2023 full-year figure at $26.9 million, up 3051.15% from the prior year.
- Change in Working Capital for Q3 2023 stood at -$9.6 million, down from $12.8 million in the prior quarter.
- Over the last five years, Change in Working Capital for AZTA reached as high as $23.4 million in Q1 2022 and fell as low as -$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.
- Across the five-year window, Change in Working Capital tumbled 44.0% in 2022 and jumped 190.88% in 2023, its largest moves.
- Year by year, Change in Working Capital stood at $10.7 million in 2021, then slumped by 44.0% to $6.0 million in 2022, then sank by 260.97% to -$9.6 million in 2023.
- Per Business Quant data, the three most recent Change in Working Capital figures were -$9.6 million in Q3 2023, $12.8 million in Q2 2023, and $17.8 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcon | 32,734,969.19 Bn | 32,734,967.53 Bn | 1.53 Bn | -2.00 Mn |
| 2 | Intuitive Surgical | 117.50 Bn | 112.41 Bn | 1.96 Bn | - |
| 3 | Becton Dickinson | 42.93 Bn | 42.11 Bn | 2.15 Bn | - |
| 4 | Medline | 30.82 Bn | 36.66 Bn | 1.84 Bn | - |
| 5 | Resmed | 27.90 Bn | 26.23 Bn | 890.98 Mn | - |
| 6 | West Pharmaceutical Services | 26.76 Bn | 26.23 Bn | 329.20 Mn | - |
| 7 | Cooper Companies | 15.30 Bn | 15.16 Bn | 735.40 Mn | - |
| 8 | Solventum | 13.46 Bn | 12.90 Bn | 1.10 Bn | - |
| 9 | Align Technology | 12.02 Bn | 10.96 Bn | 736.59 Mn | - |
| 10 | Azenta | 1.30 Bn | 1.07 Bn | 125.74 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |