NovoCure (NVCR) Non-Current Deffered Revenue (2018 - 2023)
NovoCure (NVCR) posted Non-Current Deffered Revenue of $807,000 for Q2 2023, down 82.2% from $4.54 million a year earlier and down 56.2% from the prior quarter.
NovoCure (NVCR) Non-Current Deffered Revenue (2018 - 2023) Analysis & Trends
At the end of FY2022, NovoCure's Non-Current Deffered Revenue came in at $2.88 million, down 55.6% from FY2021.
- Annual Non-Current Deffered Revenue shows a four-year compound annual growth rate of -26.6% (FY2018 to FY2022).
- In prior years, NovoCure's Non-Current Deffered Revenue was $6.48 million in FY2021 (-46.6%), $12.14 million in FY2020 (+55.5%), $7.81 million in FY2019 (-21.4%) and $9.93 million in FY2018.
- The Q2 2023 figure stands as the lowest quarterly Non-Current Deffered Revenue in data going back to Q4 2018.
- On a year-over-year basis, Non-Current Deffered Revenue has declined in each of the last eight quarters, with an average decline of 52.2% over the last eight quarters.
- The strongest year-over-year quarter for Non-Current Deffered Revenue in the past five years was Q4 2020, with growth of 55.5%; the weakest was Q2 2023, with a decline of 82.2%.
- According to Business Quant data, Non-Current Deffered Revenue for the three prior quarters was $1.84 million (Q1 2023), $2.88 million (Q4 2022) and $3.92 million (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Deffered Revenue (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 | - |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | - |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | - |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | - |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | - |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | - |
| 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 |
|---|---|
| Jun 30, 2023 | 807,000.00 |
| Mar 31, 2023 | 1.84 Mn |
| Dec 31, 2022 | 2.88 Mn |
| Sep 30, 2022 | 3.92 Mn |
| Jun 30, 2022 | 4.54 Mn |
| Mar 31, 2022 | 5.51 Mn |
| Dec 31, 2021 | 6.48 Mn |
| Sep 30, 2021 | 7.46 Mn |
| Jun 30, 2021 | 8.35 Mn |
| Mar 31, 2021 | 9.58 Mn |
| Dec 31, 2020 | 12.14 Mn |
| Sep 30, 2020 | 10.86 Mn |
| Jun 30, 2020 | 8.02 Mn |
| Mar 31, 2020 | 8.77 Mn |
| Dec 31, 2019 | 7.81 Mn |
| Sep 30, 2019 | 8.34 Mn |
| Jun 30, 2019 | 8.87 Mn |
| Mar 31, 2019 | 9.41 Mn |
| Dec 31, 2018 | 9.93 Mn |
NovoCure Non-Current Deffered Revenue 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=non-current-deffered-revenue&ticker=NVCR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deffered-revenue", "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=non-current-deffered-revenue&ticker=NVCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();