Inotiv (NOTV) Asset Utilization Ratio (2016 - 2025)
Inotiv (NOTV) has disclosed Asset Utilization Ratio for 14 consecutive years, with 0.67 as the latest value for Q1 2024.
- For the quarter ending Q1 2024, Asset Utilization Ratio fell 2.49% year-over-year to 0.67, compared with a TTM value of 0.67 through Mar 2024, down 2.49%, and an annual FY2024 reading of 0.6, down 4.77% over the prior year.
- Asset Utilization Ratio was 0.67 for Q1 2024 at Inotiv, down from 0.69 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.07 in Q1 2021 and bottomed at 0.24 in Q4 2021.
- Average Asset Utilization Ratio over 5 years is 0.67, with a median of 0.67 recorded in 2024.
- The sharpest move saw Asset Utilization Ratio tumbled 77.64% in 2021, then skyrocketed 171.76% in 2022.
- Year by year, Asset Utilization Ratio stood at 1.05 in 2020, then crashed by 77.64% to 0.24 in 2021, then surged by 171.76% to 0.64 in 2022, then increased by 8.2% to 0.69 in 2023, then decreased by 3.19% to 0.67 in 2024.
- Business Quant data shows Asset Utilization Ratio for NOTV at 0.67 in Q1 2024, 0.69 in Q4 2023, and 0.67 in Q3 2023.