Rayont Inc Asset Turnover Ratio (RAYT), as of third quarter 2023, current and historic results, rankings and more - CSIMarket
CSIMarket Company Name, Ticker, Industry, else..
 


• Sales per Employee
• Income per Employee
• Inventory Turnover
• Asset Turnover
• Receivables Turnover
Rayont Inc   (RAYT)
    Sector • Healthcare    Industry • Healthcare Facilities
   Industry • Healthcare Facilities
   Sector • Healthcare
 

Rayont Inc Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Rayont Inc asset turnover ratio, the ability of Rayont Inc 's assets to generate revenue in the third quarter 2023, increased sequentially to 0.44 in the third quarter (Mar 31 2023), yet the ratio remained below the average, as RAYT's position remain challenging.

Within sector 47 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 2023 compared to the preceding quarter from 1558 to 3778.

Asset Turnover Ratio Definition


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RAYT Asset Turnover Ratio (Mar 31 2023)
III. Quarter		 (Dec 31 2022)
II. Quarter		 (Sep 30 2022)
I. Quarter		 (Jun 30 2022)
IV. Quarter		 (Mar 31 2022)
III. Quarter
Y / Y Asset Change 20.27 % 28.93 % 13.85 % 66.96 % 50.57 %
Y / Y Revenue Change 110.98 % 110.48 % 99.07 % 109.12 % -51.16 %
Asset Turnover Ratio (TTM) 0.44 0.41 0.36 0.3 0.28
RAYT's Total Ranking # 3778 # 1558 # 3547 # 3709 # 3613
Seq. Asset Change -3.25 % 14.22 % -36.73 % 72.01 % 3.72 %
Seq. Revenue Change -30.93 % 3.71 % 35.14 % 117.94 % -31.09 %



Asset Turnover Ratio Company Ranking
Within: No.
Healthcare Facilities Industry # 48
Healthcare Sector # 610
Overall Market # 3778

Asset Turnover Ratio Statistics
High Average Low
15.81 5.69 1.4
(Jun 30 2017)   (Mar 31 2023)




RAYT Company Profile • Back to RAYT Efficiency Comparisons • Compare RAYT Asset Turnover Ratio to its Competitors



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
Option Care Health Inc   1.32 $ 4,044.799  Millions$ 3,075.628  Millions
Vaso Corporation  1.29 $ 82.229  Millions$ 63.570  Millions
Procyon Corporation  1.29 $ 4.694  Millions$ 3.638  Millions
Iridex Corp  1.29 $ 55.860  Millions$ 43.469  Millions
Idexx Laboratories Inc  1.27 $ 3,430.970  Millions$ 2,700.604  Millions
Psychemedics Corporation  1.27 $ 24.591  Millions$ 19.392  Millions
Dynatronics Corporation  1.25 $ 43.363  Millions$ 34.711  Millions
Bionexus Gene Lab Corp   1.24 $ 10.277  Millions$ 8.273  Millions
Zeo Scientifix Inc   1.24 $ 5.072  Millions$ 4.103  Millions
Alimera Sciences Inc  1.23 $ 55.777  Millions$ 45.461  Millions
Viemed Healthcare Inc   1.23 $ 146.133  Millions$ 119.250  Millions
Cadre Holdings inc   1.22 $ 465.179  Millions$ 381.395  Millions
Cerus Corporation  1.22 $ 261.326  Millions$ 214.822  Millions
Innovage Holding Corp   1.21 $ 684.074  Millions$ 564.025  Millions
Lftd Partners Inc   1.20 $ 51.789  Millions$ 43.022  Millions
Precision Optics Corporation Inc   1.20 $ 20.814  Millions$ 17.382  Millions
Myomo Inc   1.20 $ 15.134  Millions$ 12.654  Millions
Hca Healthcare Inc   1.17 $ 60,879.000  Millions$ 52,054.250  Millions
Mettler toledo International Inc   1.17 $ 3,950.656  Millions$ 3,383.298  Millions
Puma Biotechnology Inc   1.16 $ 235.070  Millions$ 202.684  Millions
Medpace Holdings Inc   1.16 $ 1,563.123  Millions$ 1,348.024  Millions
Cv Sciences Inc   1.15 $ 15.906  Millions$ 13.786  Millions
Adm Tronics Unlimited Inc   1.14 $ 3.677  Millions$ 3.221  Millions
Infusystem Holdings Inc  1.14 $ 113.521  Millions$ 99.862  Millions
Amedisys Inc  1.13 $ 2,234.331  Millions$ 1,976.579  Millions
Thorne Healthtech Inc   1.12 $ 239.301  Millions$ 212.813  Millions
Oak Street Health Inc   1.12 $ 2,399.100  Millions$ 2,134.950  Millions
Biolase Inc   1.12 $ 48.763  Millions$ 43.462  Millions
Nrc Health  1.12 $ 149.600  Millions$ 133.996  Millions
Warby Parker Inc   1.11 $ 616.862  Millions$ 555.074  Millions



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