Asset Turnover ratio Analysis of IDEXX Laboratories Inc - Deep Dive


Asset Turnover of IDXX
Dec-23
149.27
Excellent Asset Turnover
Dec-22
164.96
Excellent Asset Turnover
Growth
-9.51
%
Asset Turnover Analysis of IDEXX Laboratories Inc
Asset Turnover Ratio of IDXX has fallen by -9.51 % Compared to previous Financial Year.
Asset Turnover Ratio with value of 164.96 was highest in Year Dec-22 in last Five Years.
Asset Turnover Ratio with value of 131.17 was lowest in Year Dec-20 in last Five Years.
Latest Asset Turnover Ratio with value of 149.27 is Greater than Average Asset Turnover of 144.83 in last five years.
Other Asset Turnover Related Info of IDXX that may interest you.
IDEXX Laboratories Inc Overview
CodePricePrevious PricePrice ChangeSector
IDXX496.95499.77 0.564 % Diagnostics & Research
Fundamental AnalysisTechnical Analysis
Defination of Asset Turnover
Asset turnover ratio is a profitability ratio that measures how efficiently a company utilizes its assets to generate revenue, and it is based on an annual basis. It is calculated by dividing total sales by average assets.   more ..
Asset Turnover Formula

Asset Turnover Related Ratios
ReturnOnAssetNetProfitMargin

Tsr Profitability Index
Good Profitability
FY - Historical Asset Turnover of IDEXX Laboratories Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Asset Turnover149.27164.96135.91131.17142.85136.17121.39
Change-9.51 %21.38 %3.61 %-8.18 %4.91 %12.17 %2.76 %
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FY Chart of Asset Turnover of IDEXX Laboratories Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)