Corning (GLW) Work In Process (2010 - 2024)
Corning (GLW) reported Work In Process of $566.0 million for Q3 2024, up 10.33% on a YoY basis from $513.0 million in Q4 2023, and up 3.66% quarter-over-quarter from $546.0 million in Q2 2024.
Corning (GLW) Work In Process (2010 - 2024) Analysis & Trends
Corning has reported Work In Process for 15 years, with the latest figure at $566.0 million in Q3 2024.
- For the quarter ending Q3 2024, Work In Process rose 10.33% year-over-year to $566.0 million; the trailing twelve-month figure through Sep 2024 stood at $566.0 million (up 10.33% YoY), and the FY2023 full-year result was $551.0 million, down 3.5% from the prior year.
- Work In Process for Q3 2024 stood at $566.0 million, up from $546.0 million in the prior quarter.
- The five-year high for Work In Process was $607.0 million in Q1 2023, with the low at $339.0 million in Q3 2021.
- Historically, Work In Process has averaged $458.7 million across 5 years, with a median of $432.0 million in 2020.
- Annual changes were most pronounced in 2021 — Work In Process slipped 19.44% — and 2022, when it soared 59.5%.
- Corning's Work In Process stood at $358.0 million in 2020, then changed by 0.0% to $358.0 million in 2021, then soared by 59.5% to $571.0 million in 2022, then retreated by 3.5% to $551.0 million in 2023, then advanced by 2.72% to $566.0 million in 2024.
- The last three Work In Process figures came in at $566.0 million (Q3 2024), $546.0 million (Q2 2024), and $555.0 million (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amphenol | 170.58 Bn | 165.55 Bn | 2.80 Bn |
| 2 | Corning | 152.19 Bn | 150.97 Bn | 1.53 Bn |
| 3 | TE Connectivity | 62.31 Bn | 61.34 Bn | 1.75 Bn |
| 4 | Flex | 56.36 Bn | 54.72 Bn | 702.00 Mn |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn |
| 10 | Vicor | 12.32 Bn | 11.92 Bn | 62.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 566.00 Mn |
| Jun 30, 2024 | 546.00 Mn |
| Mar 31, 2024 | 555.00 Mn |
| Dec 31, 2023 | 551.00 Mn |
| Sep 30, 2023 | 513.00 Mn |
| Jun 30, 2023 | 553.00 Mn |
| Mar 31, 2023 | 607.00 Mn |
| Dec 31, 2022 | 571.00 Mn |
| Sep 30, 2022 | 507.00 Mn |
| Jun 30, 2022 | 410.00 Mn |
| Mar 31, 2022 | 383.00 Mn |
| Dec 31, 2021 | 358.00 Mn |
| Sep 30, 2021 | 339.00 Mn |
| Jun 30, 2021 | 340.00 Mn |
| Mar 31, 2021 | 348.00 Mn |
| Dec 31, 2020 | 358.00 Mn |
| Sep 30, 2020 | 370.00 Mn |
| Jun 30, 2020 | 408.00 Mn |
| Mar 31, 2020 | 432.00 Mn |
| Dec 31, 2019 | 421.00 Mn |