Medifast (MED) Work In Process (2018 - 2021)

Medifast (MED) posted Work In Process of $3.4 million for Q3 2021, up 12.79% on a QoQ basis from $3.0 million in Q2 2021, and up 22.96% year-over-year from $2.8 million in Q3 2020.

Medifast (MED) Work In Process (2018 - 2021) Analysis & Trends

Medifast's Work In Process history runs 4 years deep, the most recent figure standing at $3.4 million for Q3 2021.

  • Quarterly Work In Process rose 22.96% year-over-year to $3.4 million in Q3 2021, while the trailing twelve-month figure through Sep 2021 was $3.4 million (up 22.96% YoY) and the FY2020 annual result came in at $4.1 million, down 0.92% from the prior year.
  • Work In Process was $3.4 million for Q3 2021 at Medifast, up from $3.0 million in the prior quarter.
  • Across five years, Work In Process topped out at $4.1 million in Q4 2019 and bottomed at $1.6 million in Q4 2018.
  • A 4-year average of $2.9 million and a median of $2.9 million in 2020 frame the typical range for Work In Process.
  • Annual changes were most pronounced in 2019 — Work In Process jumped 162.89% — and 2020, when it fell 23.13%.
  • Medifast's Work In Process stood at $1.6 million in 2018, then soared by 162.89% to $4.1 million in 2019, then slipped by 0.92% to $4.1 million in 2020, then retreated by 16.61% to $3.4 million in 2021.
  • Business Quant data shows MED's Work In Process at $3.4 million in Q3 2021, $3.0 million in Q2 2021, and $2.5 million in Q1 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Rollins 18.70 Bn 18.59 Bn 569.95 Mn
2 Service Corp International 11.57 Bn 11.31 Bn 286.45 Mn
3 H&R Block 5.38 Bn 4.51 Bn 1.37 Bn
4 Frontdoor 5.13 Bn 4.52 Bn 248.00 Mn
5 Bright Horizons Family Solutions 4.26 Bn 4.12 Bn 163.49 Mn
6 Carriage Services 623.65 Mn 620.75 Mn 38.64 Mn
7 Andersen 597.14 Mn 385.23 Mn 74.37 Mn
8 Medifast 109.07 Mn -59.88 Mn 51.76 Mn
9 Regis 69.35 Mn 69.35 Mn -
10 Vanguard Green Investment 33.28 Mn 33.28 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2021 3.40 Mn
Jun 30, 2021 3.01 Mn
Mar 31, 2021 2.51 Mn
Dec 31, 2020 4.07 Mn
Sep 30, 2020 2.76 Mn
Jun 30, 2020 2.25 Mn
Mar 31, 2020 3.17 Mn
Dec 31, 2019 4.11 Mn
Sep 30, 2019 3.59 Mn
Jun 30, 2019 2.26 Mn
Mar 31, 2019 1.81 Mn
Dec 31, 2018 1.56 Mn