Welsis (WLSS) Asset Utilization Ratio (2022 - 2024)
Welsis (WLSS) posted quarterly Asset Utilization Ratio of 1.36 for Q2 2024, up 407.76% year-over-year from 0.27 in Q3 2023, and down 2.52% quarter-over-quarter from 1.4 in Q1 2024.
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 for Q2 2024 stood at 1.36, down from 1.4 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.4 in Q1 2024, with the low at 0.07 in Q4 2022.
- The 3-year median for Asset Utilization Ratio is 0.97 (2023), against an average of 0.75.
- Peak annual rise in Asset Utilization Ratio reached 1337.26% in 2024, while the deepest fall reached 407.76% in 2024.
- Welsis' Asset Utilization Ratio stood at 0.07 in 2022, then jumped by 1308.23% to 1.05 in 2023, then climbed by 29.57% to 1.36 in 2024.
- Business Quant data shows WLSS's Asset Utilization Ratio at 1.36 in Q2 2024, 1.4 in Q1 2024, and 1.05 in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 0.37 |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 2.36 |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 0.40 |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 0.60 |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 0.93 |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 0.68 |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 0.21 |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 0.59 |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 0.58 |
| 10 | Welsis | 1.65 Mn | 1.65 Mn | - | - |
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 |