Avinger Inc Asset Turnover Ratio (AVGR), as of third quarter 2024, current and historic results, rankings and more - CSIMarket
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Avinger Inc   (NASDAQ: AVGR)
 

Avinger Inc Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Avinger Inc asset turnover ratio, the ability of Avinger Inc 's assets to generate revenue in the third quarter 2024, increased sequentially to 0.38 in the third quarter (Sep 30 2024), AVGR's balance sheet remain strong.

Within sector 147 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the Third Quarter 2024 compared to the preceding quarter from 1683 to 2406.

Asset Turnover Ratio Definition



AVGR Asset Turnover Ratio (Sep 30 2024)
III. Quarter
(Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
Y / Y Asset Change -23.78 % 2.08 % -18.69 % -43.59 % -36.16 %
Y / Y Revenue Change 2.74 % -32.48 % -28.87 % -15.74 % -38.37 %
Asset Turnover Ratio (TTM) 0.38 0.35 0.4 0.41 0.37
AVGR's Total Ranking # 2406 # 1683 # 2360 # 1375 # 1599
Seq. Asset Change -21.36 % 3.91 % 21.94 % -23.51 % 5.32 %
Seq. Revenue Change 3.48 % 2.61 % -20.34 % 21.47 % -31.99 %



Asset Turnover Ratio Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 148
Healthcare Sector # 361
Overall Market # 2406

Asset Turnover Ratio Statistics
High Average Low
0.41 0.34 0.26
(Sep 30 2018)   (Mar 31 2021)







Companies with similar Asset Turnover Ratio for the quarter ending Sep 30 2024, within Healthcare Sector Asset Turnover Ratio Revenues for 12 Months ending Sep 30 2024 Assets at quarter ending Sep 30 2024
Nrc Health  1.17 $ 144.154  Millions$ 123.561  Millions
Electromed Inc   1.17 $ 57.060  Millions$ 48.964  Millions
Koru Medical Systems Inc   1.16 $ 31.994  Millions$ 27.664  Millions
Idexx Laboratories Inc  1.15 $ 3,843.430  Millions$ 3,344.768  Millions
Regen Biopharma Inc   1.15 $ 0.237  Millions$ 0.206  Millions
Dynatronics Corporation  1.14 $ 30.784  Millions$ 27.017  Millions
Mettler toledo International Inc   1.14 $ 3,762.226  Millions$ 3,301.916  Millions
Nephros Inc   1.13 $ 12.683  Millions$ 11.191  Millions
Evolus Inc   1.13 $ 248.326  Millions$ 219.639  Millions
Vaso Corporation  1.12 $ 81.861  Millions$ 72.802  Millions
Puma Biotechnology Inc   1.12 $ 243.569  Millions$ 217.600  Millions
Sunshine Biopharma Inc   1.11 $ 32.959  Millions$ 29.651  Millions
Exagen Inc   1.11 $ 55.751  Millions$ 50.166  Millions
Medpace Holdings Inc   1.11 $ 2,070.866  Millions$ 1,864.182  Millions
Nuwellis Inc   1.11 $ 8.119  Millions$ 7.337  Millions
Amedisys Inc  1.10 $ 2,321.060  Millions$ 2,101.631  Millions
The Pennant Group Inc   1.10 $ 652.302  Millions$ 591.790  Millions
Universal Health Services Inc   1.09 $ 15,417.759  Millions$ 14,109.752  Millions
Pro dex Inc   1.09 $ 56.798  Millions$ 52.190  Millions
Precision Optics Corporation Inc   1.08 $ 18.980  Millions$ 17.530  Millions
Phibro Animal Health Corporation  1.07 $ 1,045.861  Millions$ 974.726  Millions
Equillium Inc   1.07 $ 45.914  Millions$ 42.861  Millions
Acadia Pharmaceuticals Inc   1.06 $ 929.236  Millions$ 873.757  Millions
Qhslab Inc   1.06 $ 1.821  Millions$ 1.719  Millions
Lifeloc Technologies Inc   1.06 $ 8.817  Millions$ 8.344  Millions
Inogen Inc   1.06 $ 331.520  Millions$ 314.221  Millions
Adma Biologics Inc   1.05 $ 381.124  Millions$ 361.769  Millions
Addus Homecare Corp  1.05 $ 1,132.106  Millions$ 1,076.970  Millions
Reshape Lifesciences Inc  1.05 $ 8.113  Millions$ 7.725  Millions
Inspire Medical Systems inc   1.04 $ 753.402  Millions$ 721.809  Millions



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