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
DateValue
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