Glass House Brands (GLAS) Work In Process (2020 - 2023)
Glass House Brands' (GLAS) quarterly Work In Process came in at $3.3 million in Q4 2023, down 16.36% year-on-year from $4.0 million in Q4 2022, and down 16.36% on a QoQ basis from $4.0 million in Q4 2022.
Glass House Brands (GLAS) Work In Process (2020 - 2023) Analysis & Trends
Glass House Brands (GLAS) has 4 years of Work In Process data on file, last reported at $3.3 million in Q4 2023.
- On a quarterly basis, Work In Process fell 16.36% year-over-year to $3.3 million in Q4 2023; TTM through Dec 2023 was $3.3 million, a 16.36% decrease from a year earlier, with the FY2023 full-year figure at $3.3 million, down 16.36% from the prior year.
- Work In Process for Q4 2023 stood at $3.3 million, down from $4.0 million in the prior quarter.
- Over the last five years, Work In Process for GLAS reached as high as $4.0 million in Q4 2022 and fell as low as $1.8 million in Q4 2020.
- Historically, Work In Process has averaged $3.0 million across 4 years, with a median of $3.1 million in 2021.
- Across the five-year window, Work In Process surged 54.89% in 2021 and decreased 16.36% in 2023, its largest moves.
- Year by year, Work In Process stood at $1.8 million in 2020, then jumped by 54.89% to $2.8 million in 2021, then surged by 43.23% to $4.0 million in 2022, then declined by 16.36% to $3.3 million in 2023.
- Per Business Quant data, the three most recent Work In Process figures were $3.3 million in Q4 2023, $4.0 million in Q4 2022, and $2.8 million in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Haleon | 89.28 Bn | 87.42 Bn | - |
| 2 | Teva Pharmaceutical Industries | 35.97 Bn | 32.23 Bn | 1.97 Bn |
| 3 | Zoetis | 32.42 Bn | 30.48 Bn | 1.62 Bn |
| 4 | Takeda Pharmaceutical | 27.48 Bn | 23.42 Bn | 4.39 Bn |
| 5 | United Therapeutics | 22.89 Bn | 20.73 Bn | 648.10 Mn |
| 6 | RedHill Biopharma | 22.11 Bn | 22.11 Bn | - |
| 7 | Viatris | 20.44 Bn | 18.64 Bn | 1.16 Bn |
| 8 | Neurocrine Biosciences | 17.76 Bn | 16.44 Bn | 800.70 Mn |
| 9 | Elanco Animal Health | 12.62 Bn | 12.19 Bn | 785.00 Mn |
| 10 | Glass House Brands | 873.84 Mn | 845.91 Mn | 10.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 3.33 Mn |
| Dec 31, 2022 | 3.98 Mn |
| Dec 31, 2021 | 2.78 Mn |
| Dec 31, 2020 | 1.79 Mn |