Quanterix (QTRX) Other Accumulated Expenses (2017 - 2024)
Quanterix's (QTRX) quarterly Other Accumulated Expenses came in at $1.6 million in Q1 2024, down 64.83% YoY from $4.6 million in Q2 2023, and down 3.43% on a QoQ basis from $1.7 million in Q4 2023.
Quanterix (QTRX) Other Accumulated Expenses (2017 - 2024) Analysis & Trends
Quanterix (QTRX) has 8 years of Other Accumulated Expenses data on file, last reported at $1.6 million in Q1 2024.
- Quarterly Other Accumulated Expenses fell 64.83% year-over-year to $1.6 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $1.6 million (down 64.83% YoY) and the FY2023 annual result came in at $1.7 million, up 107.24% from the prior year.
- Other Accumulated Expenses eased to $1.6 million in Q1 2024, from $1.7 million in the prior quarter.
- In the past five years, Other Accumulated Expenses ranged from a high of $6.0 million in Q3 2022 to a low of $241000.0 in Q4 2021.
- A 5-year average of $2.5 million and a median of $1.7 million in 2023 frame the typical range for Other Accumulated Expenses.
- Annual changes were most pronounced in 2020 — Other Accumulated Expenses jumped 2143.06% — and 2021, when it slumped 95.03%.
- Tracing QTRX's Other Accumulated Expenses over 5 years: stood at $4.8 million in 2020, then tumbled by 95.03% to $241000.0 in 2021, then soared by 238.17% to $815000.0 in 2022, then jumped by 107.24% to $1.7 million in 2023, then declined by 3.43% to $1.6 million in 2024.
- The last three Other Accumulated Expenses figures came in at $1.6 million (Q1 2024), $1.7 million (Q4 2023), and $1.4 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.46 Bn | 193.86 Bn | 7.27 Bn |
| 2 | Stryker | 127.41 Bn | 123.93 Bn | 4.50 Bn |
| 3 | Medtronic | 118.87 Bn | 109.65 Bn | 6.41 Bn |
| 4 | Boston Scientific | 73.47 Bn | 72.93 Bn | 3.85 Bn |
| 5 | Edwards Lifesciences | 51.95 Bn | 47.69 Bn | 1.35 Bn |
| 6 | Dexcom | 34.30 Bn | 32.35 Bn | 830.00 Mn |
| 7 | GE HealthCare Technologies | 33.76 Bn | 31.65 Bn | 2.18 Bn |
| 8 | Koninklijke Philips | 26.35 Bn | 23.02 Bn | 4.55 Bn |
| 9 | Steris | 23.04 Bn | 22.55 Bn | 684.20 Mn |
| 10 | Quanterix | 148.53 Mn | 55.00 Mn | 12.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 1.63 Mn |
| Dec 31, 2023 | 1.69 Mn |
| Sep 30, 2023 | 1.37 Mn |
| Jun 30, 2023 | 1.17 Mn |
| Mar 31, 2023 | 4.64 Mn |
| Dec 31, 2022 | 815,000.00 |
| Sep 30, 2022 | 6.04 Mn |
| Jun 30, 2022 | 4.80 Mn |
| Mar 31, 2022 | 268,000.00 |
| Dec 31, 2021 | 241,000.00 |
| Sep 30, 2021 | 664,000.00 |
| Jun 30, 2021 | 5.08 Mn |
| Mar 31, 2021 | 1.99 Mn |
| Dec 31, 2020 | 4.85 Mn |
| Sep 30, 2020 | 1.61 Mn |
| Mar 31, 2020 | 3.07 Mn |
| Dec 31, 2019 | 216,000.00 |
| Sep 30, 2019 | 204,000.00 |
| Jun 30, 2019 | 4.02 Mn |
| Mar 31, 2019 | 3.74 Mn |