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

QuidelOrtho (QDEL) has 3 years of Asset Utilization Ratio data on file, last reported at 0.39 in Q1 2024.

• For the quarter ending Q1 2024, Asset Utilization Ratio fell 1.93% year-over-year to 0.39; the trailing twelve-month figure through Mar 2024 stood at 0.39 (down 1.93% YoY), and the FY2024 full-year result was 0.37, up 7.9% from the prior year.
• Asset Utilization Ratio retreated to 0.39 in Q1 2024, 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.
• A 3-year average of 0.39 and a median of 0.4 in 2023 frame the typical range for Asset Utilization Ratio.
• Across the five-year window, Asset Utilization Ratio grew 16.75% in 2023 and decreased 1.93% in 2024, its largest moves.
• Tracing QDEL's Asset Utilization Ratio over 3 years: stood at 0.34 in 2022, then increased by 16.75% to 0.4 in 2023, then decreased by 2.92% to 0.39 in 2024.
• Business Quant data shows QDEL's Asset Utilization Ratio at 0.39 in Q1 2024, 0.4 in Q4 2023, and 0.4 in Q3 2023.