Azenta (AZTA) Change in Working Capital (2021 - 2023)
Azenta (AZTA) posted quarterly Change in Working Capital of -$9.6 million for Q3 2023, up 53.93% year-over-year from -$6.3 million in Q3 2022, and down 175.38% quarter-over-quarter from $12.8 million in Q2 2023.
Azenta (AZTA) Change in Working Capital (2021 - 2023) Analysis & Trends
Azenta (AZTA) has reported Change in Working Capital for 3 consecutive years, with -$9.6 million the latest figure, recorded in 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 declined to -$9.6 million in Q3 2023 per AZTA's latest filing, from $12.8 million in the prior quarter.
- Across five years, Change in Working Capital topped out at $23.4 million in Q1 2022 and bottomed at -$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.
- Annual changes were most pronounced in 2022 — Change in Working Capital sank 44.0% — and 2023, when it soared 190.88%.
- Azenta's 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.
- Business Quant data shows AZTA's Change in Working Capital at -$9.6 million in Q3 2023, $12.8 million in Q2 2023, and $17.8 million in Q1 2023.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.13 Bn | 128.91 Bn | 1.96 Bn | - |
| 2 | Becton Dickinson | 52.76 Bn | 51.90 Bn | 2.32 Bn | - |
| 3 | Alcon | 35.81 Bn | 34.46 Bn | 1.68 Bn | - |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | - |
| 5 | Medline | 29.38 Bn | 26.70 Bn | 2.22 Bn | - |
| 6 | West Pharmaceutical Services | 25.00 Bn | 24.57 Bn | 329.20 Mn | - |
| 7 | Solventum | 15.46 Bn | 15.06 Bn | 1.29 Bn | - |
| 8 | Cooper Companies | 14.88 Bn | 14.74 Bn | 735.40 Mn | - |
| 9 | Baxter International | 13.58 Bn | 11.43 Bn | 1.03 Bn | - |
| 10 | Azenta | 1.69 Bn | 1.37 Bn | 198.10 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 |