Welsis (WLSS) Asset Utilization Ratio (2022 - 2024)
Welsis (WLSS) recorded quarterly Asset Utilization Ratio of 1.36 in Q2 2024, down 2.52% quarter-over-quarter from 1.4 in Q1 2024, and up 407.76% on a YoY basis from 0.27 in Q3 2023.
Welsis (WLSS) Asset Utilization Ratio (2022 - 2024) Analysis & Trends
Welsis' Asset Utilization Ratio history runs 3 years deep, the most recent figure standing at 1.36 for Q2 2024.
- In Q2 2024, Asset Utilization Ratio rose 407.76% year-over-year to 1.36; the TTM figure through Jun 2024 stood at 1.36 (up 407.76% YoY), while the FY2023 annual figure was 0.74, changed N/A from the prior year.
- Asset Utilization Ratio was 1.36 for Q2 2024 at Welsis, down from 1.4 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.4 in Q1 2024 to a low of 0.07 in Q4 2022.
- Historically, Asset Utilization Ratio has averaged 0.75 across 3 years, with a median of 0.97 in 2023.
- Biggest YoY gain for Asset Utilization Ratio was 1337.26% in 2024; the steepest drop was 407.76% in 2024.
- A 3-year view of Asset Utilization Ratio shows it stood at 0.07 in 2022, then surged by 1308.23% to 1.05 in 2023, then grew by 29.57% to 1.36 in 2024.
- The last three Asset Utilization Ratio figures came in at 1.36 (Q2 2024), 1.4 (Q1 2024), and 1.05 (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 0.37 |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 2.16 |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 0.40 |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 0.88 |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | 0.62 |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 0.57 |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 0.20 |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 1.61 |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 0.62 |
| 10 | Welsis | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 1.36 |
| Mar 31, 2024 | 1.40 |
| Dec 31, 2023 | 1.05 |
| Sep 30, 2023 | 0.97 |
| Jun 30, 2023 | 0.27 |
| Mar 31, 2023 | 0.10 |
| Dec 31, 2022 | 0.07 |