NovoCure (NVCR) Change in Receivables (2017 - 2023)
NovoCure (NVCR) posted Change in Receivables of -$2.64 million for Q3 2023, compared with -$11.52 million a year earlier.
NovoCure (NVCR) Change in Receivables (2017 - 2023) Analysis & Trends
For the trailing twelve months through Sep 30, 2023, Change in Receivables at NovoCure was -$20.32 million; for FY2022, it was -$2.55 million.
- In prior years, NovoCure's Change in Receivables was -$5.27 million in FY2021, $30.35 million in FY2020 (-16.8%), $36.5 million in FY2019 (+253.5%) and $10.33 million in FY2018 (-51.4%).
- Quarterly Change in Receivables has run from a low of -$14.51 million in Q1 2023 to a high of $19.72 million in Q1 2020 over five years.
- The strongest year-over-year quarter for Change in Receivables in the past five years was Q1 2020, with growth of 868.5%; the weakest was Q3 2021, with a decline of 51.5%.
- According to Business Quant data, Change in Receivables for the three prior quarters was -$6.94 million (Q2 2023), -$14.51 million (Q1 2023) and $3.77 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | - |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 386.00 Mn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | -71.00 Mn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 74.90 Mn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | -224.00 Mn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 177.00 Mn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 46.00 Mn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 10.20 Mn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | - |
| 10 | NovoCure | 1.86 Bn | -496.48 Mn | 142.48 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | -2.64 Mn |
| Jun 30, 2023 | -6.94 Mn |
| Mar 31, 2023 | -14.51 Mn |
| Dec 31, 2022 | 3.77 Mn |
| Sep 30, 2022 | -11.52 Mn |
| Jun 30, 2022 | -2.26 Mn |
| Mar 31, 2022 | 7.46 Mn |
| Dec 31, 2021 | -1.35 Mn |
| Sep 30, 2021 | 3.73 Mn |
| Jun 30, 2021 | -3.03 Mn |
| Mar 31, 2021 | -4.62 Mn |
| Dec 31, 2020 | -3.20 Mn |
| Sep 30, 2020 | 7.68 Mn |
| Jun 30, 2020 | 6.16 Mn |
| Mar 31, 2020 | 19.72 Mn |
| Dec 31, 2019 | 19.48 Mn |
| Sep 30, 2019 | 9.99 Mn |
| Jun 30, 2019 | 5.00 Mn |
| Mar 31, 2019 | 2.04 Mn |
| Dec 31, 2018 | 5.52 Mn |
NovoCure Change in Receivables 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-receivables&ticker=NVCR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "ticker": "NVCR", "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-receivables&ticker=NVCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();