Sanara MedTech (SMTI) Change in Accured Expenses (2010 - 2024)
Sanara MedTech's (SMTI) quarterly Change in Accured Expenses came in at -$783390.0 in Q1 2024, up 59.81% YoY from -$490194.0 in Q2 2023, and down 149.2% on a QoQ basis from $1.6 million in Q4 2023.
Sanara MedTech (SMTI) Change in Accured Expenses (2010 - 2024) Analysis & Trends
Sanara MedTech (SMTI) has 14 years of Change in Accured Expenses data on file, last reported at -$783390.0 in 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 eased to -$783390.0 in Q1 2024, from $1.6 million in the prior quarter.
- In the past five years, Change in Accured Expenses ranged from a high of $1.6 million in Q4 2023 to a low of -$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 plunged 380.24% — and 2021, when it surged 693.02%.
- Tracing SMTI's Change in Accured Expenses over 5 years: stood at $888265.0 in 2020, then tumbled by 48.39% 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 in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.13 Bn | 128.91 Bn | 1.96 Bn | 55.00 Mn |
| 2 | Becton Dickinson | 52.76 Bn | 51.90 Bn | 2.32 Bn | - |
| 3 | Alcon | 35.81 Bn | 34.46 Bn | 1.68 Bn | - |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | 50.56 Mn |
| 5 | Medline | 29.38 Bn | 26.70 Bn | 2.22 Bn | 119.00 Mn |
| 6 | West Pharmaceutical Services | 25.00 Bn | 24.57 Bn | 329.20 Mn | - |
| 7 | Solventum | 15.46 Bn | 15.06 Bn | 1.29 Bn | 50.00 Mn |
| 8 | Cooper Companies | 14.88 Bn | 14.74 Bn | 735.40 Mn | - |
| 9 | Baxter International | 13.58 Bn | 11.43 Bn | 1.03 Bn | 29.00 Mn |
| 10 | Sanara MedTech | 297.82 Mn | 297.82 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 |