Medifast (MED) Work In Process (2018 - 2021)
Medifast's (MED) quarterly Work In Process came in at $3.4 million in Q3 2021, up 22.96% YoY from $2.8 million in Q3 2020, and up 12.79% on a QoQ basis from $3.0 million in Q2 2021.
Medifast (MED) Work In Process (2018 - 2021) Analysis & Trends
Medifast (MED) has 4 years of Work In Process data on file, last reported at $3.4 million in 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 advanced to $3.4 million in Q3 2021, from $3.0 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $4.1 million in Q4 2019 to a low of $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 slipped 23.13%.
- Tracing MED's Work In Process over 4 years: 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rollins | 17.88 Bn | 17.77 Bn | 569.95 Mn |
| 2 | Service Corp International | 11.51 Bn | 11.25 Bn | 273.50 Mn |
| 3 | H&R Block | 6.82 Bn | 5.86 Bn | 594.35 Mn |
| 4 | Frontdoor | 5.72 Bn | 5.10 Bn | 378.00 Mn |
| 5 | Bright Horizons Family Solutions | 3.78 Bn | 3.62 Bn | 188.96 Mn |
| 6 | Andersen | 664.51 Mn | 488.88 Mn | 44.10 Mn |
| 7 | Carriage Services | 546.14 Mn | 543.59 Mn | 35.04 Mn |
| 8 | Medifast | 129.72 Mn | -40.10 Mn | 53.40 Mn |
| 9 | Regis | 67.31 Mn | 67.31 Mn | - |
| 10 | Vanguard Green Investment | 33.28 Mn | 33.28 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |