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
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