Powerfleet (AIOT) Work In Process (2019 - 2023)
Powerfleet's Work In Process was $31,000 in fiscal Q4 2023 (quarter ended Dec 31, 2023), down 93.3% from $462,000 a year earlier and down 59.7% from the prior quarter.
Powered by 
Analysis
Powerfleet (AIOT) Work In Process (2019 - 2023) Analysis & Trends
From fiscal Q4 2019 onward, Powerfleet has reported Work In Process for 17 quarters.
- Work In Process shows a four-year compound annual growth rate of -38.0% (FY2019 to FY2023).
- In earlier fiscal years, Work In Process was $462,000 in FY2022 (-33.9%), $699,000 in FY2021 (+194.9%), $237,000 in FY2020 (+12.9%) and $210,000 in FY2019.
- The fiscal Q4 2023 figure marks the lowest quarterly Work In Process in data going back to fiscal Q4 2019.
- Compared with a year earlier, Work In Process has declined for three straight quarters, with an average decline of 31.1% over the last eight quarters.
- The best year-over-year quarter for Work In Process over five years was fiscal Q2 2021 (growth of 470.5%); the worst was fiscal Q4 2023 (a decline of 93.3%).
- Per Business Quant data, AIOT's Work In Process in the three fiscal quarters before Q4 2023 was $77,000 (Q3 2023), $73,000 (Q2 2023) and $383,000 (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn |
| 10 | Powerfleet | 351.67 Mn | 229.43 Mn | 61.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 31,000.00 |
| Sep 30, 2023 | 77,000.00 |
| Jun 30, 2023 | 73,000.00 |
| Mar 31, 2023 | 383,000.00 |
| Dec 31, 2022 | 462,000.00 |
| Sep 30, 2022 | 586,000.00 |
| Jun 30, 2022 | 219,000.00 |
| Mar 31, 2022 | 269,000.00 |
| Dec 31, 2021 | 699,000.00 |
| Sep 30, 2021 | 417,000.00 |
| Jun 30, 2021 | 348,000.00 |
| Mar 31, 2021 | 313,000.00 |
| Dec 31, 2020 | 237,000.00 |
| Sep 30, 2020 | 179,000.00 |
| Jun 30, 2020 | 61,000.00 |
| Mar 31, 2020 | 167,000.00 |
| Dec 31, 2019 | 210,000.00 |
API Access
Powerfleet Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=AIOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "AIOT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=AIOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();