Azenta Days Of Inventory On Hand from 2010 to 2024

AZTA Stock  USD 46.21  0.90  1.91%   
Azenta's Days Of Inventory On Hand is decreasing over the years with very volatile fluctuation. Overall, Days Of Inventory On Hand is expected to go to 117.48 this year. From 2010 to 2024 Azenta Days Of Inventory On Hand quarterly data regression line had arithmetic mean of  100.33 and r-squared of  0. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
107.05636254
Current Value
117.48
Quarterly Volatility
13.36380684
 
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Yuan Drop
 
Covid
Check Azenta financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Azenta's main balance sheet or income statement drivers, such as Depreciation And Amortization of 103.3 M, Total Revenue of 504.8 M or Gross Profit of 182.6 M, as well as many indicators such as Price To Sales Ratio of 2.03, Dividend Yield of 0.0026 or PTB Ratio of 2.35. Azenta financial statements analysis is a perfect complement when working with Azenta Valuation or Volatility modules.
  
Check out the analysis of Azenta Correlation against competitors.

Latest Azenta's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Azenta Inc over the last few years. It is Azenta's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Azenta's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Very volatile
   Days Of Inventory On Hand   
       Timeline  

Azenta Days Of Inventory On Hand Regression Statistics

Arithmetic Mean100.33
Geometric Mean99.47
Coefficient Of Variation13.32
Mean Deviation11.32
Median104.11
Standard Deviation13.36
Sample Variance178.59
Range39.4391
R-Value(0.07)
Mean Square Error191.41
R-Squared0
Significance0.81
Slope(0.21)
Total Sum of Squares2,500

Azenta Days Of Inventory On Hand History

2024 117.48
2023 107.06
2022 116.42
2021 104.11
2020 81.68
2019 81.03
2018 78.04

About Azenta Financial Statements

Azenta stakeholders use historical fundamental indicators, such as Azenta's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Azenta investors may analyze each financial statement separately, they are all interrelated. For example, changes in Azenta's assets and liabilities are reflected in the revenues and expenses on Azenta's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Azenta Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 107.06  117.48 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Azenta Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Azenta's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Azenta Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Azenta Inc Stock:
Check out the analysis of Azenta Correlation against competitors.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Life Sciences Tools & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Azenta. If investors know Azenta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Azenta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
87.778
Earnings Share
(3.09)
Revenue Per Share
12.343
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.02)
The market value of Azenta Inc is measured differently than its book value, which is the value of Azenta that is recorded on the company's balance sheet. Investors also form their own opinion of Azenta's value that differs from its market value or its book value, called intrinsic value, which is Azenta's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Azenta's market value can be influenced by many factors that don't directly affect Azenta's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Azenta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Azenta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azenta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.