Penguin Solutions (PENG) Work In Process (2016 - 2021)

Penguin Solutions (PENG) has reported Work In Process for 6 consecutive years, with $66.8 million the latest figure, recorded in Q4 2021.

• On a quarterly basis, Work In Process rose 253.33% year-over-year to $66.8 million in Q4 2021; TTM through Nov 2021 was $66.8 million, a 253.33% increase from a year earlier, with the FY2021 full-year figure at $92.9 million, up 457.23% from the prior year.
• Work In Process was $66.8 million for Q4 2021 at Penguin Solutions, down from $92.9 million in the prior quarter.
• Over five years, Work In Process peaked at $92.9 million in Q3 2021 and troughed at $10.5 million in Q3 2019.
• A 5-year average of $28.6 million and a median of $23.0 million in 2017 frame the typical range for Work In Process.
• Across the five-year window, Work In Process plunged 70.69% in 2019 and surged 457.23% in 2021, its largest moves.
• Over 5 years, Work In Process stood at $23.6 million in 2017, then gained by 10.98% to $26.2 million in 2018, then fell by 27.02% to $19.1 million in 2019, then fell by 1.18% to $18.9 million in 2020, then jumped by 253.33% to $66.8 million in 2021.
• The last three Work In Process figures came in at $66.8 million (Q4 2021), $92.9 million (Q3 2021), and $47.7 million (Q2 2021), per Business Quant data.