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

Medifast has reported Work In Process for 4 years, with the latest figure at $3.4 million in Q3 2021.

• For the quarter ending Q3 2021, Work In Process rose 22.96% year-over-year to $3.4 million; the trailing twelve-month figure through Sep 2021 stood at $3.4 million (up 22.96% YoY), and the FY2020 full-year result was $4.1 million, down 0.92% from the prior year.
• Work In Process for Q3 2021 stood at $3.4 million, up from $3.0 million in the prior quarter.
• The five-year high for Work In Process was $4.1 million in Q4 2019, with the low at $1.6 million in Q4 2018.
• Historically, Work In Process has averaged $2.9 million across 4 years, with a median of $2.9 million in 2020.
• Annual changes were most pronounced in 2019 — Work In Process jumped 162.89% — and 2020, when it slipped 23.13%.
• Medifast's Work In Process stood at $1.6 million in 2018, then jumped by 162.89% to $4.1 million in 2019, then retreated by 0.92% to $4.1 million in 2020, then declined by 16.61% to $3.4 million in 2021.
• The last three Work In Process figures came in at $3.4 million (Q3 2021), $3.0 million (Q2 2021), and $2.5 million (Q1 2021), per Business Quant data.