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