Powerfleet (AIOT) Work In Process (2019 - 2023)
Powerfleet (AIOT) posted Work In Process of $31000.0 for Q4 2023, down 59.74% sequentially from $77000.0 in Q3 2023, and down 93.29% YoY from $462000.0 in Q4 2022.
Powerfleet (AIOT) Work In Process (2019 - 2023) Analysis & Trends
Powerfleet has reported Work In Process for 5 years, with the latest figure at $31000.0 in Q4 2023.
- Quarterly Work In Process fell 93.29% year-over-year to $31000.0 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $31000.0 (down 93.29% YoY) and the FY2023 annual result came in at $31000.0, down 93.29% from the prior year.
- Work In Process fell to $31000.0 in Q4 2023 per AIOT's latest filing, from $77000.0 in the prior quarter.
- Over five years, Work In Process peaked at $699000.0 in Q4 2021 and troughed at $31000.0 in Q4 2023.
- A 5-year average of $278294.1 and a median of $237000.0 in 2020 frame the typical range for Work In Process.
- The sharpest annual moves came in 2021 and 2023: Work In Process jumped 470.49% in 2021, then slumped 93.29% in 2023.
- Over 5 years, Work In Process stood at $210000.0 in 2019, then increased by 12.86% to $237000.0 in 2020, then jumped by 194.94% to $699000.0 in 2021, then plunged by 33.91% to $462000.0 in 2022, then plunged by 93.29% to $31000.0 in 2023.
- According to Business Quant data, Work In Process over the past three periods registered $31000.0, $77000.0, and $73000.0 for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | Powerfleet | 405.19 Mn | 372.37 Mn | 61.16 Mn |
Historic Data
Download 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 |