Quanterix (QTRX) Other Accumulated Expenses (2017 - 2024)
Quanterix (QTRX) posted Other Accumulated Expenses of $1.6 million for Q1 2024, down 3.43% on a QoQ basis from $1.7 million in Q4 2023, and down 64.83% year-over-year from $4.6 million in Q2 2023.
Quanterix (QTRX) Other Accumulated Expenses (2017 - 2024) Analysis & Trends
Quanterix's Other Accumulated Expenses history runs 8 years deep, the most recent figure standing at $1.6 million for 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 was $1.6 million for Q1 2024 at Quanterix, down from $1.7 million in the prior quarter.
- Across five years, Other Accumulated Expenses topped out at $6.0 million in Q3 2022 and bottomed at $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 sank 95.03%.
- Quanterix's Other Accumulated Expenses stood at $4.8 million in 2020, then sank by 95.03% to $241000.0 in 2021, then surged by 238.17% to $815000.0 in 2022, then soared by 107.24% to $1.7 million in 2023, then retreated by 3.43% to $1.6 million in 2024.
- Business Quant data shows QTRX's Other Accumulated Expenses at $1.6 million in Q1 2024, $1.7 million in Q4 2023, and $1.4 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 181.33 Bn | 174.04 Bn | 6.27 Bn |
| 2 | Stryker | 128.11 Bn | 125.23 Bn | 3.81 Bn |
| 3 | Medtronic | 107.76 Bn | 98.54 Bn | 6.41 Bn |
| 4 | Boston Scientific | 67.95 Bn | 66.50 Bn | 3.61 Bn |
| 5 | Edwards Lifesciences | 47.64 Bn | 43.97 Bn | 1.29 Bn |
| 6 | GE HealthCare Technologies | 28.43 Bn | 26.14 Bn | 1.98 Bn |
| 7 | Dexcom | 28.31 Bn | 27.20 Bn | 750.30 Mn |
| 8 | Smith & Nephew | 26.77 Bn | 26.19 Bn | - |
| 9 | Koninklijke Philips | 25.33 Bn | 22.21 Bn | 2.07 Bn |
| 10 | Quanterix | 179.46 Mn | 80.19 Mn | 15.57 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 |