Powerfleet AIOT
NASDAQ AIOT
$2.99 +0.11 (+3.99%)
At close: Aug 18, 2026 · 3:59 PM UTC

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
DateValue
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