Summit Therapeutics (SMMT) Change in Receivables (2017 - 2023)
Summit Therapeutics' (SMMT) quarterly Change in Receivables came in at -$3000.0 in Q3 2023, up 99.76% YoY from -$1501.8 in Q3 2022, and up 50.0% on a QoQ basis from -$6000.0 in Q2 2023.
Analysis
Summit Therapeutics (SMMT) Change in Receivables (2017 - 2023) Analysis & Trends
Summit Therapeutics (SMMT) has 7 years of Change in Receivables data on file, last reported at -$3000.0 in Q3 2023.
- Quarterly Change in Receivables rose 99.76% year-over-year to -$3000.0 in Q3 2023, while the trailing twelve-month figure through Dec 2024 was -$0.0 (up 100.0% YoY) and the FY2023 annual result came in at -$359000.0, up 63.18% from the prior year.
- Change in Receivables rose to -$3000.0 in Q3 2023, from -$6000.0 in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $8.1 million in Q4 2019 to a low of -$3.7 million in Q4 2020.
- A 5-year average of $451387.2 and a median of -$6000.0 in 2023 frame the typical range for Change in Receivables.
- Annual changes were most pronounced in 2020 — Change in Receivables surged 3290.27% — and 2022, when it sank 499.12%.
- Tracing SMMT's Change in Receivables over 5 years: stood at $8.1 million in 2019, then tumbled by 145.46% 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 140.20 Mn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 838.50 Mn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | - |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | -53.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 117.58 Mn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 31.60 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 37.16 Mn |
| 10 | Summit Therapeutics | 13.67 Bn | 12.98 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | -3,000.00 |
| Jun 30, 2023 | -6,000.00 |
| Mar 31, 2023 | -350,000.00 |
| Dec 31, 2022 | 1.41 Mn |
| Sep 30, 2022 | -1.23 Mn |
| Jun 30, 2022 | -705,000.00 |
| Mar 31, 2022 | -455,000.00 |
| Dec 31, 2021 | -932,000.00 |
| Sep 30, 2021 | 1.37 Mn |
| Jun 30, 2021 | 590,000.00 |
| Mar 31, 2021 | 114,000.00 |
| Dec 31, 2020 | -3.69 Mn |
| Sep 30, 2020 | 3.52 Mn |
| Jun 30, 2020 | -1.29 Mn |
| Mar 31, 2020 | 1.25 Mn |
| Dec 31, 2019 | 8.12 Mn |
| Mar 31, 2019 | -39,056.19 |
| Oct 31, 2018 | -1.72 Mn |
| Jul 31, 2018 | -395,807.08 |
| Apr 30, 2018 | -2.00 Mn |