Mesa Laboratories Inc

NASDAQ MLAB

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Mesa Laboratories Inc Accounts Payable Turnover Ratio 3 year CAGR for the quarter ending December 31, 2023: 8.83%

Mesa Laboratories Inc Accounts Payable Turnover Ratio 3 year CAGR is 8.83% for the quarter ending December 31, 2023, a 764.76% change year over year. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Mesa Laboratories Inc Accounts Payable Turnover Ratio for the quarter ending December 31, 2022 was 8.63, a 23.54% change year over year.
  • Mesa Laboratories Inc Accounts Payable Turnover Ratio for the quarter ending December 31, 2021 was 6.99, a -23.29% change year over year.
  • Mesa Laboratories Inc Accounts Payable Turnover Ratio for the quarter ending December 31, 2020 was 9.11, a 8.79% change year over year.
  • Mesa Laboratories Inc Accounts Payable Turnover Ratio for the quarter ending December 31, 2019 was 8.37, a -23.86% change year over year.
NASDAQ: MLAB

Mesa Laboratories Inc

CEO Mr. Gary M. Owens
IPO Date Jan. 25, 1995
Location United States
Headquarters 12100 West Sixth Avenue, Lakewood, CO, United States, 80228
Employees 698
Sector Technology
Industry Scientific & technical instruments
Description

Mesa Laboratories, Inc. develops, manufactures, and sells life sciences tools and quality control products and services in North America, Europe, the Asia Pacific, and internationally. It operates in four segments: Clinical Genomics, Sterilization and Disinfection Control, Biopharmaceutical Development, and Calibration Solutions. The Clinical Genomics segment develops, manufactures, and sells genetic analysis tools that include MassARRAY system and consumables, including chips, panels, and chemical reagent solutions used by clinical labs to perform genomic clinical testing in various therapeutic areas, such as screenings for hereditary diseases, pharmacogenetics, and oncology related applications. The Sterilization and Disinfection Control segment manufactures and sells biological, cleaning, and chemical indicators that are used to assess the effectiveness of sterilization and disinfection processes in the hospital, dental, medical device, and pharmaceutical industries. This segment also provides testing and laboratory services primarily to the dental industry. The Biopharmaceutical Development segment develops, manufactures, and sells automated systems for protein analysis and peptide synthesis solutions. This segment's solutions include protein analysis comprising analysis equipment, CDs, kits, and buffers; and peptide synthesizers that enable customers to automate chemical synthesis of peptides that are used in the creation of peptide therapies, biomaterials, cosmetics, and general research. The Calibration Solutions segment designs, manufactures, and markets quality control products to measure or calibrate temperature, pressure, pH, and humidity for health and safety purposes in the hospital, medical device manufacturing, pharmaceutical manufacturing, and various laboratory environments. This segment's products include continuous monitoring systems, dialysate meters and consumables, data loggers, gas flow calibration and air sampling equipment, and torque testing systems. The company was incorporated in 1982

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StockViz Staff

September 20, 2024

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