Charles River Laboratories

NYSE CRL

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Charles River Laboratories Asset Turnover Ratio 1 year YoY Change (%) for the Trailing 12 Months (TTM) ending March 31, 2024: -8.92%

Charles River Laboratories Asset Turnover Ratio 1 year YoY Change (%) is -8.92% for the Trailing 12 Months (TTM) ending March 31, 2024, a -284.61% change year over year. The asset turnover ratio measures a company's efficiency in utilizing its assets to generate revenue. It is calculated by dividing the company's revenue by the average of its total assets and total non-current assets. This ratio indicates how effectively a company generates sales from its asset base. A higher ratio implies better asset utilization and revenue generation, while a lower ratio may suggest underutilization of assets or inefficient operations. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Charles River Laboratories Asset Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 0.27, a 4.83% change year over year.
  • Charles River Laboratories Asset Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 0.25, a -8.11% change year over year.
  • Charles River Laboratories Asset Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 0.28, a -2.82% change year over year.
  • Charles River Laboratories Asset Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 0.28, a -7.20% change year over year.
NYSE: CRL

Charles River Laboratories

CEO Mr. James C. Foster J.D.
IPO Date June 23, 2000
Location United States
Headquarters 251 Ballardvale Street, Wilmington, MA, United States, 01887
Employees 20,400
Sector Healthcare
Industry Diagnostics & research
Description

Charles River Laboratories International, Inc. provides drug discovery, non-clinical development, and safety testing services in the United States, Europe, Canada, the Asia Pacific, and internationally. It operates through three segments: Research Models and Services (RMS), Discovery and Safety Assessment (DSA), and Manufacturing Solutions (Manufacturing). The RMS segment produces and sells rodents, and purpose-bred rats and mice for use by researchers. This segment also provides a range of services to assist its clients in supporting the use of research models in research and screening pre-clinical drug candidates, including research models, genetically engineered models and services, insourcing solutions, and research animal diagnostic services. The DSA segment offers early and in vivo discovery services for the identification and validation of novel targets, chemical compounds, and antibodies through delivery of preclinical drug and therapeutic candidates ready for safety assessment; and safety assessment services, such as toxicology, pathology, safety pharmacology, bioanalysis, drug metabolism, and pharmacokinetics services. The Manufacturing segment provides in vitro methods for conventional and rapid quality control testing of sterile and non-sterile pharmaceuticals and consumer products. This segment also offers specialized testing of biologics that are outsourced by pharmaceutical and biotechnology companies. It also provides contract vivarium operation services to biopharmaceutical clients. The company was founded in 1947 and is headquartered in Wilmington, Massachusetts.

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StockViz Staff

September 19, 2024

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