Biolife Solutions (BLFS) Work In Process (2014 - 2023)

Biolife Solutions (BLFS) has reported Work In Process for 9 consecutive years, with $6.9 million the latest figure, recorded in Q1 2023.

• On a quarterly basis, Work In Process rose 38.54% year-over-year to $6.9 million in Q1 2023; TTM through Mar 2023 was $6.9 million, a 38.54% increase from a year earlier, with the FY2022 full-year figure at $5.7 million, up 13.26% from the prior year.
• Work In Process was $6.9 million for Q1 2023 at Biolife Solutions, up from $5.7 million in the prior quarter.
• Over five years, Work In Process peaked at $6.9 million in Q1 2023 and troughed at $275000.0 in Q2 2019.
• A 5-year average of $3.3 million and a median of $3.2 million in 2020 frame the typical range for Work In Process.
• Across the five-year window, Work In Process plunged 50.54% in 2019 and soared 510.18% in 2020, its largest moves.
• Over 5 years, Work In Process stood at $1.9 million in 2019, then grew by 5.8% to $2.0 million in 2020, then jumped by 150.0% to $5.0 million in 2021, then gained by 13.26% to $5.7 million in 2022, then gained by 22.08% to $6.9 million in 2023.
• The last three Work In Process figures came in at $6.9 million (Q1 2023), $5.7 million (Q4 2022), and $5.5 million (Q3 2022), per Business Quant data.