Summit Therapeutics (SMMT) Change in Receivables (2019 - 2023)
Summit Therapeutics (SMMT) reported Change in Receivables of -$3000.0 for Q3 2023, up 99.76% on a YoY basis from -$1501.8 in Q3 2022, and up 50.0% quarter-over-quarter from -$6000.0 in Q2 2023.
Summit Therapeutics (SMMT) Change in Receivables (2019 - 2023) Analysis & Trends
Summit Therapeutics has reported Change in Receivables for 5 years, with the latest figure at -$3000.0 in Q3 2023.
- For the quarter ending Q3 2023, Change in Receivables rose 99.76% year-over-year to -$3000.0; the trailing twelve-month figure through Jun 2024 stood at -$3000.0 (up 98.25% YoY), and the FY2023 full-year result was -$359000.0, up 63.18% from the prior year.
- Change in Receivables for Q3 2023 stood at -$3000.0, up from -$6000.0 in the prior quarter.
- The five-year high for Change in Receivables was $3.5 million in Q3 2020, with the low at -$3.7 million in Q4 2020.
- Historically, Change in Receivables has averaged -$193562.5 across 5 years, with a median of -$178000.0 in 2023.
- The largest YoY upside for Change in Receivables was 251.5% in 2022 against a maximum downside of 499.12% in 2022.
- Summit Therapeutics' Change in Receivables stood at -$2.7 million in 2019, then slumped by 37.3% to -$3.7 million in 2020, then surged by 74.76% to -$932000.0 in 2021, then jumped by 251.5% to $1.4 million in 2022, then tumbled by 100.21% to -$3000.0 in 2023.
- The last three Change in Receivables figures came in at -$3000.0 (Q3 2023), -$6000.0 (Q2 2023), and -$350000.0 (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 762,369.55 Bn | 762,369.51 Bn | - | - |
| 2 | Belite Bio | 55,096.00 Bn | 55,096.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,755.80 Bn | 17,755.79 Bn | - | 22,529.00 |
| 4 | Legend Biotech | 3,486.00 Bn | 3,485.71 Bn | 242.10 Mn | - |
| 5 | Akari Therapeutics | 1,737.42 Bn | 1,737.41 Bn | - | - |
| 6 | Evaxion A | 1,551.28 Bn | 1,551.26 Bn | - | - |
| 7 | Psyence Biomedical | 227.32 Bn | 227.31 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 110.84 Bn | 103.59 Bn | 2.59 Bn | -39.80 Mn |
| 9 | Abivax | 91.71 Bn | 91.71 Bn | - | -4.08 Mn |
| 10 | Summit Therapeutics | 10.09 Bn | 9.99 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -3,000.00 |
| Sep 30, 2023 | -3,000.00 |
| Jun 30, 2023 | -6,000.00 |
| Jun 30, 2023 | -6,000.00 |
| Mar 31, 2023 | -350,000.00 |
| Mar 31, 2023 | -350,000.00 |
| Dec 31, 2022 | 1.41 Mn |
| Dec 31, 2022 | 1.41 Mn |
| Sep 30, 2022 | -1.23 Mn |
| Sep 30, 2022 | -1.23 Mn |
| Jun 30, 2022 | -705,000.00 |
| Jun 30, 2022 | -705,000.00 |
| Mar 31, 2022 | -455,000.00 |
| Mar 31, 2022 | -455,000.00 |
| Dec 31, 2021 | -932,000.00 |
| Dec 31, 2021 | -932,000.00 |
| Sep 30, 2021 | 1.37 Mn |
| Sep 30, 2021 | 1.37 Mn |
| Jun 30, 2021 | 590,000.00 |
| Jun 30, 2021 | 590,000.00 |