Iridex (IRIX) Work In Process (2013 - 2024)
Iridex's Work In Process came in at $15,000 for Q3 2024, down 96.5% from $432,000 a year earlier and down 25.0% from the prior quarter.
Analysis
Iridex (IRIX) Work In Process (2013 - 2024) Analysis & Trends
At the end of FY2023, Iridex's Work In Process was $156,000, down 51.3% from FY2022.
- Work In Process carries a five-year compound annual growth rate of -32.0% (FY2018 to FY2023).
- Going back by year, Work In Process was $320,000 in FY2022 (+59.2%), $201,000 in FY2021 and $1.11 million in FY2019 (+3.3%).
- The Q3 2024 figure represents the lowest quarterly Work In Process in data going back to Q4 2013.
- Year-over-year, Work In Process has declined for four consecutive quarters, with an average decline of 14.9% over the last eight quarters.
- The fastest year-over-year change in Work In Process over five years came in Q4 2022 (growth of 59.2%), and the weakest in Q3 2024 (a decline of 96.5%).
- Business Quant data shows IRIX's Work In Process at $20,000 (Q2 2024), $135,000 (Q1 2024) and $156,000 (Q4 2023) in the three quarters before Q3 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn |
| 10 | Iridex | 11.00 Mn | -9.88 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 |
API Access
Iridex Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=IRIX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "IRIX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=IRIX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();