Quidel Corporation (QDEL)
Total asset turnover
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Revenue | US$ in thousands | 2,997,800 | 3,266,000 |
| Total assets | US$ in thousands | 8,563,100 | 8,855,800 |
| Total asset turnover | 0.35 | 0.37 |
December 31, 2023 calculation
Total asset turnover = Revenue ÷ Total assets
= $2,997,800K ÷ $8,563,100K
= 0.35
Peer comparison
Dec 31, 2023
Company name
Symbol
Total asset turnover
Quidel Corporation
QDEL
0.35
IDEXX Laboratories Inc
IDXX
1.12
Lantheus Holdings Inc
LNTH
0.77
Myriad Genetics Inc
MYGN
0.65
Neogen Corporation
NEOG
0.35