Novan Inc Asset Turnover Ratio (NOVN), as of first quarter 2023, current and historic results, rankings and more - CSIMarket
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Novan Inc   (NASDAQ: NOVN)
 

Novan Inc Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Novan Inc asset turnover ratio, the ability of Novan Inc 's assets to generate revenue in the first quarter 2023, increased sequentially to 0.27 in the first quarter (Mar 31 2023), yet the ratio remained below the average, as NOVN's position remain challenging.

Within sector 228 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 First Quarter 2023 compared to the preceding quarter from 2902 to 3772.

Asset Turnover Ratio Definition



NOVN Asset Turnover Ratio (Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
Y / Y Asset Change -28.27 % 33.72 % 14.48 % 43.19 % 142.44 %
Y / Y Revenue Change 64.21 % 1500.15 % 594.03 % 724.36 % 135.41 %
Asset Turnover Ratio (TTM) 0.27 0.24 0.15 0.1 0.05
NOVN's Total Ranking # 3772 # 2902 # 3710 # 3214 # 3076
Seq. Asset Change -11.59 % 8.42 % -26.54 % 1.87 % 64.8 %
Seq. Revenue Change -69.79 % 104.91 % -16.94 % 219.4 % 194.35 %



Asset Turnover Ratio Company Ranking
Within: No.
Major Pharmaceutical Preparations Industry # 229
Healthcare Sector # 607
Overall Market # 3772

Asset Turnover Ratio Statistics
High Average Low
1.45 1.21 1.02
(Mar 31 2023)   (Mar 31 2022)







Companies with similar Asset Turnover Ratio for the quarter ending Mar 31 2023, within Healthcare Sector Asset Turnover Ratio Revenues for 12 Months ending Mar 31 2023 Assets at quarter ending Mar 31 2023
Skinvisible Inc   0.85 $ 0.224  Millions$ 0.263  Millions
Airsculpt Technologies Inc   0.85 $ 175.063  Millions$ 205.744  Millions
Cardiff Lexington Corporation  0.85 $ 11.918  Millions$ 14.015  Millions
Carlisle Companies Incorporated  0.85 $ 6,274.400  Millions$ 7,411.775  Millions
Acadia Pharmaceuticals Inc   0.85 $ 520.229  Millions$ 614.594  Millions
Pediatrix Medical Group Inc   0.85 $ 1,980.800  Millions$ 2,342.378  Millions
Evolus Inc   0.84 $ 156.429  Millions$ 185.464  Millions
Establishment Labs Holdings Inc   0.84 $ 169.772  Millions$ 201.989  Millions
Select Medical Holdings Corp  0.84 $ 6,398.971  Millions$ 7,617.916  Millions
Elutia Inc   0.83 $ 50.742  Millions$ 60.837  Millions
Rennova Health Inc   0.83 $ 16.808  Millions$ 20.166  Millions
Inari Medical Inc   0.83 $ 412.886  Millions$ 495.692  Millions
National Healthcare Corp  0.83 $ 1,076.318  Millions$ 1,296.708  Millions
Community Health Systems Inc   0.82 $ 12,208.000  Millions$ 14,816.000  Millions
West Pharmaceutical Services Inc   0.82 $ 2,883.500  Millions$ 3,504.725  Millions
Aquestive Therapeutics Inc   0.82 $ 46.544  Millions$ 56.628  Millions
Lakeland Industries Inc   0.81 $ 114.268  Millions$ 141.325  Millions
Pressure Biosciences Inc   0.80 $ 1.990  Millions$ 2.488  Millions
Apyx Medical Corp  0.79 $ 44.159  Millions$ 55.825  Millions
Sonoma Pharmaceuticals Inc   0.79 $ 13.272  Millions$ 16.799  Millions
Camp4 Therapeutics Corporation  0.78 $ 294.949  Millions$ 378.714  Millions
Tandem Diabetes Care Inc   0.78 $ 794.693  Millions$ 1,022.756  Millions
Harvard Bioscience Inc   0.77 $ 114.532  Millions$ 148.306  Millions
Ethema Health Corporation   0.77 $ 5.097  Millions$ 6.608  Millions
Dr Reddy s Laboratories Limited  0.76 $ 2,992.000  Millions$ 3,916.000  Millions
Luna Innovations Inc  0.76 $ 112.061  Millions$ 147.568  Millions
Marpai Inc  0.75 $ 27.795  Millions$ 37.296  Millions
Masimo Corp  0.74 $ 2,295.459  Millions$ 3,085.900  Millions
Bruker Corporation  0.74 $ 2,621.000  Millions$ 3,524.350  Millions
Harmony Biosciences Holdings inc   0.74 $ 471.668  Millions$ 634.365  Millions



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