Glass House Brands (GLAS) Work In Process (2020 - 2023)
Glass House Brands (GLAS) posted quarterly Work In Process of $3.3 million for Q4 2023, down 16.36% year-over-year from $4.0 million in Q4 2022, and down 16.36% quarter-over-quarter from $4.0 million in Q4 2022.
Glass House Brands (GLAS) Work In Process (2020 - 2023) Analysis & Trends
Glass House Brands (GLAS) has reported Work In Process for 4 consecutive years, with $3.3 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Work In Process fell 16.36% year-over-year to $3.3 million; the TTM figure through Dec 2023 stood at $3.3 million (down 16.36% YoY), while the FY2023 annual figure was $3.3 million, down 16.36% from the prior year.
- Work In Process fell to $3.3 million in Q4 2023 per GLAS's latest filing, from $4.0 million in the prior quarter.
- Across five years, Work In Process topped out at $4.0 million in Q4 2022 and bottomed at $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.
- Annual changes were most pronounced in 2021 — Work In Process jumped 54.89% — and 2023, when it dropped 16.36%.
- Glass House Brands' Work In Process stood at $1.8 million in 2020, then surged by 54.89% to $2.8 million in 2021, then soared by 43.23% to $4.0 million in 2022, then slipped by 16.36% to $3.3 million in 2023.
- Business Quant data shows GLAS's Work In Process at $3.3 million in Q4 2023, $4.0 million in Q4 2022, and $2.8 million in Q4 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Haleon | 44.07 Bn | 43.10 Bn | - |
| 2 | Teva Pharmaceutical Industries | 43.42 Bn | 39.76 Bn | 2.15 Bn |
| 3 | Zoetis | 31.86 Bn | 30.18 Bn | 1.05 Bn |
| 4 | Takeda Pharmaceutical | 28.77 Bn | 22.98 Bn | 5.10 Bn |
| 5 | United Therapeutics | 22.29 Bn | 19.63 Bn | 683.80 Mn |
| 6 | Viatris | 18.78 Bn | 17.89 Bn | 1.46 Bn |
| 7 | Neurocrine Biosciences | 15.66 Bn | 15.27 Bn | 935.80 Mn |
| 8 | Elanco Animal Health | 11.91 Bn | 11.38 Bn | 798.00 Mn |
| 9 | Dr Reddys Laboratories | 10.16 Bn | 10.00 Bn | - |
| 10 | Glass House Brands | 828.45 Mn | 809.90 Mn | 15.77 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 |