NovoCure (NVCR) Change in Receivables (2017 - 2023)
NovoCure recorded quarterly Change in Receivables of -$2.6 million in Q3 2023, up 61.94% quarter-over-quarter from -$6.9 million in Q2 2023, and up 77.07% year-over-year from -$1.5 million in Q3 2022.
NovoCure's Change in Receivables history runs 7 years deep, the most recent figure standing at -$2.6 million for Q3 2023.
- In Q3 2023, Change in Receivables rose 77.07% year-over-year to -$2.6 million; the TTM figure through Sep 2023 stood at -$20.3 million (down 165.14% YoY), while the FY2022 annual figure 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.
- A 5-year average of $1.8 million and a median of $2.0 million in 2019 frame the typical range for Change in Receivables.
- Across the five-year window, Change in Receivables jumped 868.47% in 2020 and tumbled 409.23% in 2022, its largest moves.
- NovoCure's Change in Receivables stood at $19.5 million in 2019, then sank by 116.44% to -$3.2 million in 2020, then surged by 57.93% to -$1.3 million in 2021, then jumped by 379.96% to $3.8 million in 2022, then plunged by 170.06% to -$2.6 million in 2023.
- According to Business Quant data, Change in Receivables over the past three periods registered -$2.6 million, -$6.9 million, and -$14.5 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 42.00 Mn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | -444.00 Mn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | -13.00 Mn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 117.00 Mn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 117.90 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | - |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | -124.60 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | -141.00 Mn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 123.50 Mn |
| 10 | NovoCure | 1.90 Bn | 1.47 Bn | 135.13 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | -4.62 Mn |
| Mar 31, 2021 | -4.62 Mn |
| Dec 31, 2020 | -3.20 Mn |
| Dec 31, 2020 | -3.20 Mn |
| Sep 30, 2020 | 7.68 Mn |
| Sep 30, 2020 | 7.68 Mn |
| Jun 30, 2020 | 6.16 Mn |
| Jun 30, 2020 | 6.16 Mn |
| Mar 31, 2020 | 19.72 Mn |
| Mar 31, 2020 | 19.72 Mn |
| Dec 31, 2019 | 19.48 Mn |
| Dec 31, 2019 | 19.48 Mn |
| Sep 30, 2019 | 9.99 Mn |
| Sep 30, 2019 | 9.99 Mn |
| Jun 30, 2019 | 5.00 Mn |
| Jun 30, 2019 | 5.00 Mn |
| Mar 31, 2019 | 2.04 Mn |
| Mar 31, 2019 | 2.04 Mn |
| Dec 31, 2018 | 5.52 Mn |
| Dec 31, 2018 | 5.52 Mn |
| Sep 30, 2018 | -3.58 Mn |
| Sep 30, 2018 | -3.58 Mn |
| Jun 30, 2018 | 3.60 Mn |
| Jun 30, 2018 | 3.60 Mn |
| Mar 31, 2018 | 1.67 Mn |
| Mar 31, 2018 | 1.67 Mn |
| Dec 31, 2017 | 4.59 Mn |
| Dec 31, 2017 | 4.59 Mn |
| Sep 30, 2017 | 9.11 Mn |
| Sep 30, 2017 | 9.11 Mn |
| Jun 30, 2017 | 2.06 Mn |
| Jun 30, 2017 | 2.06 Mn |
| Mar 31, 2017 | 5.49 Mn |
| Mar 31, 2017 | 5.49 Mn |