KPIs & Operating Metrics(New)
Cash Flow Statement
Growth Metrics

Patterson Uti Energy (PTEN) Work In Process (2016 - 2023)

Patterson Uti Energy (PTEN) has disclosed Work In Process for 8 consecutive years, with $7.4 million as the latest value for Q4 2023.

  • Quarterly Work In Process rose 217.68% to $7.4 million in Q4 2023 from the year-ago period, while the trailing twelve-month figure was $7.4 million through Dec 2023, up 217.68% year-over-year, with the annual reading at $7.4 million for FY2023, 217.68% up from the prior year.
  • Work In Process hit $7.4 million in Q4 2023 for Patterson Uti Energy, up from $6.3 million in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $8.2 million in Q2 2019 to a low of $255000.0 in Q1 2021.
  • Historically, Work In Process has averaged $2.6 million across 5 years, with a median of $1.3 million in 2020.
  • Biggest five-year swings in Work In Process: skyrocketed 418.13% in 2019 and later tumbled 85.48% in 2020.
  • Year by year, Work In Process stood at $1.2 million in 2019, then crashed by 34.74% to $802000.0 in 2020, then rose by 9.98% to $882000.0 in 2021, then surged by 165.42% to $2.3 million in 2022, then surged by 217.68% to $7.4 million in 2023.
  • Business Quant data shows Work In Process for PTEN at $7.4 million in Q4 2023, $6.3 million in Q3 2023, and $4.4 million in Q2 2023.