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
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