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GROWLIFE, INC. (PHOT) Asset Utilization Ratio (2016 - 2023)

Growlife (PHOT) has disclosed Asset Utilization Ratio for 11 consecutive years, with 0.94 as the latest value for Q2 2023.

  • On a quarterly basis, Asset Utilization Ratio fell 220.31% to 0.94 in Q2 2023 year-over-year; TTM through Jun 2023 was 0.94, a 220.31% decrease, with the full-year FY2022 number at 0.9, down 161.46% from a year prior.
  • Asset Utilization Ratio was 0.94 for Q2 2023 at Growlife, down from 0.62 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 1.92 in Q1 2020 to a low of 0.94 in Q2 2023.
  • A 5-year average of 1.06 and a median of 1.43 in 2021 define the central range for Asset Utilization Ratio.
  • Peak YoY movement for Asset Utilization Ratio: soared 99.13% in 2020, then plummeted 220.31% in 2023.
  • Growlife's Asset Utilization Ratio stood at 1.89 in 2019, then dropped by 14.57% to 1.62 in 2020, then fell by 11.29% to 1.44 in 2021, then crashed by 120.97% to 0.3 in 2022, then tumbled by 212.16% to 0.94 in 2023.
  • Per Business Quant, the three most recent readings for PHOT's Asset Utilization Ratio are 0.94 (Q2 2023), 0.62 (Q1 2023), and 0.3 (Q4 2022).