Sanara MedTech (SMTI) Change in Accured Expenses (2010 - 2024)

Sanara MedTech (SMTI) posted Change in Accured Expenses of -$783390.0 for Q1 2024, down 149.2% on a QoQ basis from $1.6 million in Q4 2023, and up 59.81% year-over-year from -$490194.0 in Q2 2023.

Sanara MedTech (SMTI) Change in Accured Expenses (2010 - 2024) Analysis & Trends

Sanara MedTech's Change in Accured Expenses history runs 14 years deep, the most recent figure standing at -$783390.0 for Q1 2024.

  • Quarterly Change in Accured Expenses rose 59.81% year-over-year to -$783390.0 in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $1.1 million (down 25.46% YoY) and the FY2023 annual result came in at -$81513.0, down 102.72% from the prior year.
  • Change in Accured Expenses was -$783390.0 for Q1 2024 at Sanara MedTech, down from $1.6 million in the prior quarter.
  • Across five years, Change in Accured Expenses topped out at $1.6 million in Q4 2023 and bottomed at -$1.9 million in Q1 2023.
  • A 5-year average of $231970.4 and a median of $225008.0 in 2021 frame the typical range for Change in Accured Expenses.
  • Annual changes were most pronounced in 2020 — Change in Accured Expenses tumbled 380.24% — and 2021, when it surged 693.02%.
  • Sanara MedTech's Change in Accured Expenses stood at $888265.0 in 2020, then sank by 48.39% to $458405.0 in 2021, then soared by 222.35% to $1.5 million in 2022, then increased by 7.75% to $1.6 million in 2023, then plunged by 149.2% to -$783390.0 in 2024.
  • Business Quant data shows SMTI's Change in Accured Expenses at -$783390.0 in Q1 2024, $1.6 million in Q4 2023, and $185400.0 in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 Intuitive Surgical 126.32 Bn 121.10 Bn 1.96 Bn -260.40 Mn
2 Becton Dickinson 44.69 Bn 43.88 Bn 2.15 Bn -
3 Alcon 32.80 Bn 31.14 Bn 1.53 Bn -
4 Medline 32.72 Bn 30.49 Bn 1.84 Bn -32.00 Mn
5 Resmed 29.54 Bn 27.88 Bn 890.98 Mn 103.88 Mn
6 West Pharmaceutical Services 23.56 Bn 23.13 Bn 329.20 Mn -
7 Solventum 14.00 Bn 13.44 Bn 1.10 Bn -151.00 Mn
8 Cooper Companies 13.75 Bn 13.61 Bn 735.40 Mn -
9 Align Technology 12.03 Bn 10.97 Bn 736.59 Mn 5.38 Mn
10 Sanara MedTech 228.72 Mn 215.13 Mn 25.87 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2024 -783,390.00
Mar 31, 2024 -783,390.00
Dec 31, 2023 1.59 Mn
Dec 31, 2023 1.59 Mn
Sep 30, 2023 185,400.00
Sep 30, 2023 185,400.00
Jun 30, 2023 90,296.00
Jun 30, 2023 90,296.00
Mar 31, 2023 -1.95 Mn
Mar 31, 2023 -1.95 Mn
Dec 31, 2022 1.48 Mn
Dec 31, 2022 1.48 Mn
Sep 30, 2022 1.17 Mn
Sep 30, 2022 1.17 Mn
Jun 30, 2022 756,486.00
Jun 30, 2022 756,486.00
Mar 31, 2022 -409,599.00
Mar 31, 2022 -409,599.00
Dec 31, 2021 458,405.00
Dec 31, 2021 458,405.00