NovoCure (NVCR) Change in Receivables (2017 - 2023)

NovoCure's (NVCR) quarterly Change in Receivables came in at -$2.6 million in Q3 2023, up 77.07% year-on-year from -$1.5 million in Q3 2022, and up 61.94% quarter-over-quarter from -$6.9 million in Q2 2023.

NovoCure (NVCR) Change in Receivables (2017 - 2023) Analysis & Trends

NovoCure has disclosed Change in Receivables across 7 years of filings, most recently posting -$2.6 million for Q3 2023.

  • Change in Receivables for Q3 2023 came in at -$2.6 million, up 77.07% year-over-year; the trailing twelve-month figure through Sep 2023 was -$20.3 million (down 165.14% YoY), and the FY2022 annual result was -$2.5 million, up 51.67% from the prior year.
  • Change in Receivables came in at -$2.6 million for Q3 2023 at NovoCure, up from -$6.9 million in the prior quarter.
  • In the past five years, Change in Receivables ranged from a high of $19.7 million in Q1 2020 to a low of -$14.5 million in Q1 2023.
  • The 5-year median for Change in Receivables is $2.0 million (2019), against an average of $1.8 million.
  • Across the five-year window, Change in Receivables soared 868.47% in 2020 and plunged 409.23% in 2022, its largest moves.
  • NovoCure's Change in Receivables stood at $19.5 million in 2019, then slumped by 116.44% to -$3.2 million in 2020, then jumped by 57.93% to -$1.3 million in 2021, then soared by 379.96% to $3.8 million in 2022, then sank by 170.06% to -$2.6 million in 2023.
  • The last three Change in Receivables figures came in at -$2.6 million (Q3 2023), -$6.9 million (Q2 2023), and -$14.5 million (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 42.00 Mn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn -444.00 Mn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn -13.00 Mn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 117.00 Mn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 117.90 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn -124.60 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn -141.00 Mn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 123.50 Mn
10 NovoCure 1.63 Bn 1.20 Bn 135.13 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2023 -2.64 Mn
Sep 30, 2023 -2.64 Mn
Jun 30, 2023 -6.94 Mn
Jun 30, 2023 -6.94 Mn
Mar 31, 2023 -14.51 Mn
Mar 31, 2023 -14.51 Mn
Dec 31, 2022 3.77 Mn
Dec 31, 2022 3.77 Mn
Sep 30, 2022 -11.52 Mn
Sep 30, 2022 -11.52 Mn
Jun 30, 2022 -2.26 Mn
Jun 30, 2022 -2.26 Mn
Mar 31, 2022 7.46 Mn
Mar 31, 2022 7.46 Mn
Dec 31, 2021 -1.35 Mn
Dec 31, 2021 -1.35 Mn
Sep 30, 2021 3.73 Mn
Sep 30, 2021 3.73 Mn
Jun 30, 2021 -3.03 Mn
Jun 30, 2021 -3.03 Mn