Sanara MedTech (SMTI) Change in Accured Expenses (2010 - 2024)
Sanara MedTech (SMTI) reported Change in Accured Expenses of -$783390.0 for Q1 2024, up 59.81% on a YoY basis from -$490194.0 in Q2 2023, and down 149.2% quarter-over-quarter from $1.6 million in Q4 2023.
Sanara MedTech (SMTI) Change in Accured Expenses (2010 - 2024) Analysis & Trends
Sanara MedTech has reported Change in Accured Expenses for 14 years, with the latest figure at -$783390.0 in Q1 2024.
- For the quarter ending Q1 2024, Change in Accured Expenses rose 59.81% year-over-year to -$783390.0; the trailing twelve-month figure through Mar 2024 stood at $1.1 million (down 25.46% YoY), and the FY2023 full-year result was -$81513.0, down 102.72% from the prior year.
- Change in Accured Expenses for Q1 2024 stood at -$783390.0, down from $1.6 million in the prior quarter.
- The five-year high for Change in Accured Expenses was $1.6 million in Q4 2023, with the low at -$1.9 million in Q1 2023.
- Historically, Change in Accured Expenses has averaged $231970.4 across 5 years, with a median of $325788.0 in 2020.
- Annual changes were most pronounced in 2020 — Change in Accured Expenses plunged 380.24% — and 2022, when it surged 419.97%.
- Sanara MedTech's Change in Accured Expenses stood at $524534.0 in 2020, then retreated by 12.61% to $458405.0 in 2021, then jumped by 222.35% to $1.5 million in 2022, then climbed by 7.75% to $1.6 million in 2023, then slumped by 149.2% to -$783390.0 in 2024.
- The last three Change in Accured Expenses figures came in at -$783390.0 (Q1 2024), $1.6 million (Q4 2023), and $185400.0 (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Accured Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | -284.70 Mn |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | - |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | -32.00 Mn |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 103.88 Mn |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | - |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | -151.00 Mn |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | - |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 5.38 Mn |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 203.00 Mn |
| 10 | Sanara MedTech | 196.68 Mn | 183.08 Mn | 25.87 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |