Last $46.89 USD
Change Today +0.24 / 0.51%
Volume 65.8K
ABAX On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 8:10 PM 06/18/13 All times are local (Market data is delayed by at least 15 minutes).

Financial Statements for abaxis inc (ABAX)

Abaxis, Inc. has a strong Balance Sheet and has consistently grown its cash reserves over the last Four years to total $54.9M USD. Accounts Receivable are typical for the industry, with 69.36 days worth of sales outstanding. Last, inventories seem to be well managed as the Inventory Processing Period is typical for the industry, at 96.42 days.
Currency in
Millions of US Dollars
As of:Mar 31
2010
Mar 31
2011
Mar 31
2012
Mar 31
2013
Press
Release
4 Year
Trend
Assets    
Cash and Equivalents27.943.545.854.9
Short-Term Investments32.326.021.723.4
TOTAL CASH AND SHORT TERM INVESTMENTS60.269.567.578.3
Accounts Receivable23.727.930.740.0
TOTAL RECEIVABLES23.727.930.740.0
Inventory19.119.819.626.8
Prepaid Expenses1.63.54.03.3
Deferred Tax Assets, Current3.83.44.24.6
Other Current Assets----1.4--
TOTAL CURRENT ASSETS108.3124.1127.4153.0
Gross Property Plant and Equipment38.345.548.1--
Accumulated Depreciation-22.7-25.9-23.8--
NET PROPERTY PLANT AND EQUIPMENT15.519.624.325.3
Long-Term Investments36.339.026.119.6
Deferred Tax Assets, Long Term2.91.2--0.6
Other Intangibles4.64.24.03.1
Other Long-Term Assets0.10.10.10.1
TOTAL ASSETS167.8188.3181.8201.8
    
LIABILITIES & EQUITY    
Accounts Payable9.46.26.48.1
Accrued Expenses6.97.88.29.1
Current Portion of Long-Term Debt/Capital Lease----0.1--
Current Income Taxes Payable0.40.60.30.4
Other Current Liabilities, Total1.21.01.21.0
Unearned Revenue, Current1.21.01.21.4
TOTAL CURRENT LIABILITIES19.016.517.420.0
Long-Term Debt--0.70.80.7
Unearned Revenue, Non-Current1.41.72.43.8
Deferred Tax Liability Non-Current----0.2--
Other Non-Current Liabilities0.30.61.21.1
TOTAL LIABILITIES20.719.622.125.6
Common Stock125.1132.0110.1121.0
Retained Earnings22.136.649.755.1
Comprehensive Income and Other----0.00.0
TOTAL COMMON EQUITY147.1168.6159.8176.2
TOTAL EQUITY147.1168.6159.8176.2
TOTAL LIABILITIES AND EQUITY167.8188.3181.8201.8
 

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Industry Analysis

ABAX

Industry Average

Valuation ABAX Industry Range
Price/Earnings 38.0x
Price/Sales 5.5x
Price/Book 5.8x
Price/Cash Flow 37.9x
TEV/Sales 5.2x
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