Cleveland-Cliffs (CLF) Work In Process (2010 - 2019)
Cleveland-Cliffs (CLF) posted quarterly Work In Process of $55.2 million for Q3 2019, up 242.86% year-over-year from $16.1 million in Q3 2018, and up 446.53% quarter-over-quarter from $10.1 million in Q4 2018.
Cleveland-Cliffs (CLF) Work In Process (2010 - 2019) Analysis & Trends
Cleveland-Cliffs (CLF) has reported Work In Process for 10 consecutive years, with $55.2 million the latest figure, recorded in Q3 2019.
- In Q3 2019, Work In Process rose 242.86% year-over-year to $55.2 million; the TTM figure through Sep 2019 stood at $55.2 million (up 242.86% YoY), while the FY2018 annual figure was $10.1 million, down 10.62% from the prior year.
- Work In Process climbed to $55.2 million in Q3 2019 per CLF's latest filing, from $10.1 million in the prior quarter.
- Across five years, Work In Process topped out at $98.9 million in Q1 2015 and bottomed at $10.1 million in Q4 2018.
- Historically, Work In Process has averaged $44.0 million across 5 years, with a median of $37.0 million in 2018.
- Annual changes were most pronounced in 2017 — Work In Process plunged 62.83% — and 2019, when it soared 242.86%.
- Cleveland-Cliffs' Work In Process stood at $56.5 million in 2015, then slumped by 46.19% to $30.4 million in 2016, then slumped by 62.83% to $11.3 million in 2017, then declined by 10.62% to $10.1 million in 2018, then soared by 446.53% to $55.2 million in 2019.
- Business Quant data shows CLF's Work In Process at $55.2 million in Q3 2019, $10.1 million in Q4 2018, and $16.1 million in Q3 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2019 | 55.20 Mn |
| Dec 31, 2018 | 10.10 Mn |
| Sep 30, 2018 | 16.10 Mn |
| Jun 30, 2018 | 23.90 Mn |
| Mar 31, 2018 | 37.00 Mn |
| Dec 31, 2017 | 11.30 Mn |
| Dec 31, 2016 | 30.40 Mn |
| Mar 31, 2016 | 71.90 Mn |
| Dec 31, 2015 | 56.50 Mn |
| Sep 30, 2015 | 72.90 Mn |
| Mar 31, 2015 | 98.90 Mn |
| Dec 31, 2014 | 101.60 Mn |
| Sep 30, 2014 | 140.50 Mn |
| Dec 31, 2013 | 134.90 Mn |
| Sep 30, 2013 | 114.20 Mn |
| Jun 30, 2013 | 101.30 Mn |
| Dec 31, 2012 | 153.30 Mn |
| Jun 30, 2012 | 236.20 Mn |
| Mar 31, 2012 | 205.50 Mn |
| Dec 31, 2011 | 184.40 Mn |