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| 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 |