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-over-year from $4.0 million in Q4 2022, and down 16.36% quarter-over-quarter from $4.0 million in Q4 2022.
Analysis
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.
- 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 was $3.3 million for Q4 2023 at Glass House Brands, down from $4.0 million in the prior quarter.
- Over five years, Work In Process peaked at $4.0 million in Q4 2022 and troughed at $1.8 million in Q4 2020.
- A 4-year average of $3.0 million and a median of $3.1 million in 2021 frame the typical range for Work In Process.
- Across the five-year window, Work In Process soared 54.89% in 2021 and slipped 16.36% in 2023, its largest moves.
- Over 4 years, Work In Process stood at $1.8 million in 2020, then soared by 54.89% to $2.8 million in 2021, then jumped by 43.23% to $4.0 million in 2022, then retreated by 16.36% to $3.3 million in 2023.
- The last three Work In Process figures came in at $3.3 million (Q4 2023), $4.0 million (Q4 2022), and $2.8 million (Q4 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.57 Bn | 169.91 Mn |
| 2 | Trulieve Cannabis | 2.29 Bn | 1.97 Bn | 162.29 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.43 Bn | 137.87 Mn |
| 4 | Cronos | 1.18 Bn | 381.72 Mn | 28.45 Mn |
| 5 | Glass House Brands | 667.78 Mn | 649.22 Mn | 15.77 Mn |
| 6 | Vireo Growth | 547.80 Mn | 405.50 Mn | 95.30 Mn |
| 7 | Tilray Brands | 467.46 Mn | 232.83 Mn | 90.52 Mn |
| 8 | Verano Holdings | 439.55 Mn | 354.35 Mn | 99.70 Mn |
| 9 | Canopy Growth | 403.18 Mn | 156.17 Mn | 16.08 Mn |
| 10 | Sndl | 365.15 Mn | 232.60 Mn | 40.74 Mn |
Historic Data
Download Data
Historic 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 |