Biolife Solutions (BLFS) Work In Process (2014 - 2023)
Biolife Solutions (BLFS) posted quarterly Work In Process of $6.9 million for Q1 2023, up 38.54% year-over-year from $5.0 million in Q1 2022, and up 22.08% quarter-over-quarter from $5.7 million in Q4 2022.
Biolife Solutions (BLFS) Work In Process (2014 - 2023) Analysis & Trends
Biolife Solutions (BLFS) has reported Work In Process for 9 consecutive years, with $6.9 million the latest figure, recorded in Q1 2023.
- In Q1 2023, Work In Process rose 38.54% year-over-year to $6.9 million; the TTM figure through Mar 2023 stood at $6.9 million (up 38.54% YoY), while the FY2022 annual figure was $5.7 million, up 13.26% from the prior year.
- Work In Process rose to $6.9 million in Q1 2023 per BLFS's latest filing, from $5.7 million in the prior quarter.
- Across five years, Work In Process topped out at $6.9 million in Q1 2023 and bottomed at $275000.0 in Q2 2019.
- Historically, Work In Process has averaged $3.3 million across 5 years, with a median of $3.2 million in 2020.
- Annual changes were most pronounced in 2019 — Work In Process tumbled 50.54% — and 2020, when it jumped 510.18%.
- Biolife Solutions' Work In Process stood at $1.9 million in 2019, then rose by 5.8% to $2.0 million in 2020, then soared by 150.0% to $5.0 million in 2021, then climbed by 13.26% to $5.7 million in 2022, then climbed by 22.08% to $6.9 million in 2023.
- Business Quant data shows BLFS's Work In Process at $6.9 million in Q1 2023, $5.7 million in Q4 2022, and $5.5 million in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn |
| 10 | Biolife Solutions | 1.81 Bn | 1.72 Bn | 18.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 6.93 Mn |
| Dec 31, 2022 | 5.68 Mn |
| Sep 30, 2022 | 5.45 Mn |
| Jun 30, 2022 | 4.79 Mn |
| Mar 31, 2022 | 5.01 Mn |
| Dec 31, 2021 | 5.02 Mn |
| Sep 30, 2021 | 4.60 Mn |
| Jun 30, 2021 | 4.19 Mn |
| Mar 31, 2021 | 1.17 Mn |
| Dec 31, 2020 | 2.01 Mn |
| Sep 30, 2020 | 2.25 Mn |
| Jun 30, 2020 | 1.68 Mn |
| Mar 31, 2020 | 1.66 Mn |
| Dec 31, 2019 | 1.90 Mn |
| Sep 30, 2019 | 887,000.00 |
| Jun 30, 2019 | 275,000.00 |
| Dec 31, 2018 | 652,000.00 |
| Sep 30, 2018 | 830,991.00 |
| Jun 30, 2018 | 556,054.00 |
| Dec 31, 2017 | 454,000.00 |