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
DateValue
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