Iridex (IRIX) Work In Process (2013 - 2024)
Iridex (IRIX) posted Work In Process of $15000.0 for Q3 2024, down 25.0% on a QoQ basis from $20000.0 in Q2 2024, and down 96.53% year-over-year from $432000.0 in Q3 2023.
Analysis
Iridex (IRIX) Work In Process (2013 - 2024) Analysis & Trends
Iridex has reported Work In Process for 12 years, with the latest figure at $15000.0 in Q3 2024.
- On a quarterly basis, Work In Process fell 96.53% year-over-year to $15000.0 in Q3 2024; TTM through Sep 2024 was $15000.0, a 96.53% decrease from a year earlier, with the FY2023 full-year figure at $156000.0, down 51.25% from the prior year.
- Work In Process was $15000.0 for Q3 2024 at Iridex, down from $20000.0 in the prior quarter.
- The five-year high for Work In Process was $747000.0 in Q1 2020, with the low at $15000.0 in Q3 2024.
- Average Work In Process over 5 years is $357611.1, with a median of $358500.0 recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Work In Process soared 59.2% in 2022, then tumbled 96.53% in 2024.
- Over 5 years, Work In Process stood at $601000.0 in 2020, then tumbled by 30.95% to $415000.0 in 2021, then fell by 22.89% to $320000.0 in 2022, then tumbled by 51.25% to $156000.0 in 2023, then slumped by 90.38% to $15000.0 in 2024.
- The last three Work In Process figures came in at $15000.0 (Q3 2024), $20000.0 (Q2 2024), and $135000.0 (Q1 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn |
| 10 | Iridex | 11.85 Mn | 7.17 Mn | 4.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 28, 2024 | 15,000.00 |
| Jun 29, 2024 | 20,000.00 |
| Mar 30, 2024 | 135,000.00 |
| Dec 30, 2023 | 156,000.00 |
| Sep 30, 2023 | 432,000.00 |
| Jul 1, 2023 | 438,000.00 |
| Apr 1, 2023 | 397,000.00 |
| Dec 31, 2022 | 320,000.00 |
| Oct 1, 2022 | 301,000.00 |
| Jul 2, 2022 | 312,000.00 |
| Apr 2, 2022 | 270,000.00 |
| Jan 1, 2022 | 201,000.00 |
| Oct 2, 2021 | 415,000.00 |
| Jul 3, 2021 | 595,000.00 |
| Apr 3, 2021 | 534,000.00 |
| Jan 2, 2021 | 548,000.00 |
| Sep 26, 2020 | 601,000.00 |
| Mar 28, 2020 | 747,000.00 |
| Dec 28, 2019 | 1.11 Mn |
| Sep 28, 2019 | 811,000.00 |