Azenta (AZTA) Change in Working Capital (2021 - 2023)
Azenta's 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% quarter-over-quarter from $12.8 million in Q2 2023.
Azenta has reported Change in Working Capital for 3 years, with the latest figure at -$9.6 million in Q3 2023.
- For the quarter ending Q3 2023, Change in Working Capital rose 53.93% year-over-year to -$9.6 million; the trailing twelve-month figure through Sep 2023 stood at $26.9 million (up 3051.15% YoY), and the FY2023 full-year result was $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.
- The five-year high for Change in Working Capital was $23.4 million in Q1 2022, with the low at -$20.9 million in Q3 2022.
- Average Change in Working Capital over 3 years is $3.3 million, with a median of $8.3 million recorded in 2021.
- Year-over-year, Change in Working Capital slumped 44.0% in 2022 and soared 190.88% in 2023.
- Tracing AZTA's Change in Working Capital over 3 years: 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.
- 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 | 156.17 Bn | 151.78 Bn | 1.83 Bn | - |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | - |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | - |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | - |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | - |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | - |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | - |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | - |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | - |
| 10 | Azenta | 899.66 Mn | 519.15 Mn | 62.04 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 |