QuidelOrtho (QDEL) Asset Utilization Ratio (2022 - 2024)

QuidelOrtho has disclosed Asset Utilization Ratio across 3 years of filings, most recently posting 0.39 for Q1 2024.

• Asset Utilization Ratio for Q1 2024 came in at 0.39, down 1.93% year-over-year; the trailing twelve-month figure through Mar 2024 was 0.39 (down 1.93% YoY), and the FY2024 annual result was 0.37, up 7.9% from the prior year.
• Asset Utilization Ratio came in at 0.39 for Q1 2024 at QuidelOrtho, down from 0.4 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 0.42 in Q1 2023 to a low of 0.34 in Q4 2022.
• The 3-year median for Asset Utilization Ratio is 0.4 (2023), against an average of 0.39.
• Across the five-year window, Asset Utilization Ratio grew 16.75% in 2023 and decreased 1.93% in 2024, its largest moves.
• QuidelOrtho's Asset Utilization Ratio stood at 0.34 in 2022, then rose by 16.75% to 0.4 in 2023, then slipped by 2.92% to 0.39 in 2024.
• The last three Asset Utilization Ratio figures came in at 0.39 (Q1 2024), 0.4 (Q4 2023), and 0.4 (Q3 2023), per Business Quant data.