iRhythm Holdings (IRTC) Change in Accured Expenses (2015 - 2023)
iRhythm Holdings (IRTC) recorded Change in Accured Expenses of $8.39 million in Q4 2023, up 31.0% from $6.4 million a year earlier but down 31.1% from the prior quarter.
iRhythm Holdings (IRTC) Change in Accured Expenses (2015 - 2023) Analysis & Trends
For FY2023, iRhythm Holdings reported Change in Accured Expenses of $19.3 million, up 33.3% from FY2022.
- Annual Change in Accured Expenses has increased for three straight years, with a five-year compound annual growth rate of 12.9% (FY2018 to FY2023).
- Across earlier years, Change in Accured Expenses came in at $14.47 million in FY2022 (+82.1%), $7.95 million in FY2021 (+507.5%), $1.31 million in FY2020 (-78.2%) and $6 million in FY2019 (-42.8%).
- Quarterly Change in Accured Expenses has ranged from -$11.23 million in Q1 2023 to $13.32 million in Q3 2021 over the past five years.
- On a year-over-year basis, Change in Accured Expenses has increased for three consecutive quarters, with growth averaging 30.0% over the last five quarters.
- Peak year-over-year performance for Change in Accured Expenses in the last five years was growth of 208.1% in Q3 2021, against a decline of 95.0% in Q4 2019 at the low end.
- Per Business Quant, the preceding three quarters came in at $12.18 million (Q3 2023), $9.96 million (Q2 2023) and -$11.23 million (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Accured Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 103.18 Bn | 99.19 Bn | - | 551.00 Mn |
| 2 | Natera | 57.81 Bn | 53.49 Bn | 485.19 Mn | -39.33 Mn |
| 3 | Labcorp Holdings | 26.94 Bn | 24.69 Bn | 1.11 Bn | -24.00 Mn |
| 4 | Quest Diagnostics | 26.85 Bn | 24.98 Bn | 1.03 Bn | 142.00 Mn |
| 5 | Guardant Health | 22.51 Bn | 18.57 Bn | 219.03 Mn | 44.29 Mn |
| 6 | Tenet Healthcare | 22.37 Bn | 11.37 Bn | - | -493.00 Mn |
| 7 | Fresenius Medical Care AG | 13.20 Bn | 5.15 Bn | 1.52 Bn | -17.82 Mn |
| 8 | BrightSpring Health Services | 12.39 Bn | 10.72 Bn | 492.75 Mn | 16.92 Mn |
| 9 | Encompass Health | 12.26 Bn | 11.92 Bn | - | - |
| 10 | iRhythm Holdings | 3.99 Bn | 1.70 Bn | 163.21 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 8.39 Mn |
| Sep 30, 2023 | 12.18 Mn |
| Jun 30, 2023 | 9.96 Mn |
| Mar 31, 2023 | -11.23 Mn |
| Dec 31, 2022 | 6.40 Mn |
| Sep 30, 2022 | 9.35 Mn |
| Jun 30, 2022 | 8.15 Mn |
| Mar 31, 2022 | -9.43 Mn |
| Dec 31, 2021 | -3.39 Mn |
| Sep 30, 2021 | 13.32 Mn |
| Jun 30, 2021 | 4.16 Mn |
| Mar 31, 2021 | -6.14 Mn |
| Dec 31, 2020 | 6.67 Mn |
| Sep 30, 2020 | 4.32 Mn |
| Jun 30, 2020 | -222,000.00 |
| Mar 31, 2020 | -9.47 Mn |
| Dec 31, 2019 | 367,000.00 |
| Sep 30, 2019 | 8.89 Mn |
| Jun 30, 2019 | 2.80 Mn |
| Mar 31, 2019 | -6.06 Mn |
iRhythm Holdings Change in Accured Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-accured-expenses&ticker=IRTC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-accured-expenses", "ticker": "IRTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-accured-expenses&ticker=IRTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();