Azenta Inc (AZTA)
Working capital turnover
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 604,933 | 633,800 | 649,516 | 656,323 | 658,617 | 651,756 | 641,023 | 665,072 | 630,283 | 597,070 | 594,213 | 555,499 | 554,870 | 737,484 | 878,526 | 988,377 | 1,097,634 | 1,002,635 | 936,276 | 897,273 |
| Total current assets | US$ in thousands | 678,478 | 710,596 | 846,282 | 832,807 | 967,658 | 1,190,070 | 1,382,800 | 1,418,960 | 1,510,840 | 1,585,730 | 1,619,980 | 2,459,350 | 2,575,300 | 3,043,090 | 796,729 | 777,366 | 717,217 | 724,490 | 675,156 | 649,453 |
| Total current liabilities | US$ in thousands | 245,435 | 220,713 | 202,467 | 204,839 | 202,574 | 202,999 | 235,620 | 210,928 | 203,627 | 212,644 | 249,026 | 230,546 | 194,927 | 615,968 | 341,800 | 345,088 | 311,060 | 265,646 | 225,770 | 211,118 |
| Working capital turnover | 1.40 | 1.29 | 1.01 | 1.05 | 0.86 | 0.66 | 0.56 | 0.55 | 0.48 | 0.43 | 0.43 | 0.25 | 0.23 | 0.30 | 1.93 | 2.29 | 2.70 | 2.19 | 2.08 | 2.05 |
June 30, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $604,933K ÷ ($678,478K – $245,435K)
= 1.40
Peer comparison
Jun 30, 2025
Company name
Symbol
Working capital turnover
Azenta Inc
AZTA
1.40
Becton Dickinson and Company
BDX
23.11
Hologic Inc
HOLX
1.67