Glass House Brands (GLASF) Work In Process (2020 - 2023)

Glass House Brands has disclosed Work In Process across 4 years of filings, most recently posting $3.3 million for 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 declined to $3.3 million in Q4 2023, from $4.0 million in the prior quarter.
• Over the last five years, Work In Process for GLASF reached as high as $4.0 million in Q4 2022 and fell as low as $1.8 million in Q4 2020.
• The 4-year median for Work In Process is $3.1 million (2021), against an average of $3.0 million.
• Annual changes were most pronounced in 2021 — Work In Process jumped 54.89% — and 2023, when it dropped 16.36%.
• A 4-year view of Work In Process shows it 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 decreased by 16.36% to $3.3 million in 2023.
• According to Business Quant data, Work In Process over the past three periods registered $3.3 million, $4.0 million, and $2.8 million for Q4 2023, Q4 2022, and Q4 2021 respectively.