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| 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 |