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Thermo Fisher Scientific Inc   (TMO)
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Thermo Fisher Scientific Inc 's Working Capital Ratio

TMO's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Thermo Fisher Scientific Inc 's Current Assets grew by 6.48 % in the IV Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in Thermo Fisher Scientific Inc 's Working Capital Ratio to 1.75, Working Capital Ratio remained below Thermo Fisher Scientific Inc average.

Within Scientific & Technical Instruments industry 6 other companies have achieved higher Working Capital Ratio than Thermo Fisher Scientific Inc in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 981, from total ranking in the third quarter 2023 at 3414.

Explain Working Capital Ratio
How much in Current Assets TMO´s has?
What is the value of TMO´s Current Liabilities?


TMO Working Capital Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jul 01 2023)
II. Quarter
(Apr 01 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change -17.62 % 27.34 % 28.33 % 31.6 % 26.6 %
Y / Y Current Assets Change -2.54 % 19.65 % 10.47 % 7.63 % 25.44 %
Working Capital Ratio MRQ 1.75 1.63 1.42 1.27 1.48
TMO's Total Ranking # 981 # 3414 # 1108 # 2803 # 992
Seq. Current Liabilities Change -1.03 % 0.33 % -11.16 % -6.62 % 53 %
Seq. Current Assets Change 6.48 % 15.49 % -1.06 % -19.9 % 30.73 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Scientific & Technical Instruments Industry # 7
Technology Sector # 182
Overall Market # 981


Working Capital Ratio Statistics
High Average Low
3.19 1.92 0.9
(Oct 02 2021)   (March 31, 2015)




Financial Statements
Thermo Fisher Scientific Inc 's Current Liabilities $ 14,012 Millions Visit TMO's Balance sheet
Thermo Fisher Scientific Inc 's Current Assets $ 24,589 Millions Visit TMO's Balance sheet
Source of TMO's Sales Visit TMO's Sales by Geography


Cumulative Thermo Fisher Scientific Inc 's Working Capital Ratio

TMO's Working Capital Ratio for the trailling 12 Months

TMO Working Capital Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jul 01 2023)
II. Quarter
(Apr 01 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -17.62 % 27.34 % 28.33 % 31.6 % 26.6 %
Y / Y Current Assets TTM Growth -2.54 % 19.65 % 10.47 % 7.63 % 25.44 %
Working Capital Ratio TTM 1.51 1.45 1.46 1.51 1.59
Total Ranking TTM # 1401 # 2367 # 2497 # 2598 # 2872
Seq. Current Liabilities TTM Growth -1.03 % 0.33 % -11.16 % -6.62 % 53 %
Seq. Current Assets TTM Growth 6.48 % 15.49 % -1.06 % -19.9 % 30.73 %


On the trailing twelve months basis Current Liabilities decreased faster than Thermo Fisher Scientific Inc 's average Current Assets, this led to increase in in Thermo Fisher Scientific Inc 's Working Capital Ratio to 1.51, Working Capital Ratio remained below TMO average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Scientific & Technical Instruments industry 13 other companies have achieved higher Working Capital Ratio than Thermo Fisher Scientific Inc . While Working Capital Ratio overall ranking has improved so far to 1619, from total ranking during the twelve months ending third quarter 2023 at 2721.

Explain Working Capital Ratio
How much in Current Assets TMO´s has?
What is the value of TMO´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Scientific & Technical Instruments Industry # 14
Technology Sector # 431
Within the Market # 981


trailing twelve months Working Capital Ratio Statistics
High Average Low
2.94 1.91 0.99
(Sep. 30, 2009)   (March 31, 2015)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Scientific & Technical Instruments Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Faro Technologies Inc   4.15 $ 261.608  Millions$ 63.033  Millions
Optex Systems Holdings Inc   3.69 $ 17.900  Millions$ 4.856  Millions
Coherent Corp   2.88 $ 3,421.603  Millions$ 1,187.773  Millions
Nova Ltd   2.25 $ 710.220  Millions$ 316.108  Millions
Mirion Technologies Inc   2.03 $ 538.600  Millions$ 265.700  Millions
Kla Corporation  1.91 $ 8,748.721  Millions$ 4,570.997  Millions
Thermo Fisher Scientific Inc   1.75 $ 24,589.000  Millions$ 14,012.000  Millions
Trimble Inc   1.57 $ 1,830.900  Millions$ 1,166.200  Millions
Know Labs Inc   1.27 $ 4.821  Millions$ 3.787  Millions
Rockwell Automation Inc   1.25 $ 4,135.900  Millions$ 3,310.900  Millions
Owlet Inc   0.89 $ 39.944  Millions$ 45.090  Millions

Date modified: 2024-02-22T21:19:50+00:00



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