KPIs & Operating Metrics(New)
Growth Metrics

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

Patterson Uti Energy's Work In Process history spans 7 years, with the latest figure at $7.4 million for Q4 2023.

  • For Q4 2023, Work In Process rose 217.68% year-over-year to $7.4 million; the TTM value through Dec 2023 reached $7.4 million, up 217.68%, while the annual FY2023 figure was $7.4 million, 217.68% up from the prior year.
  • Work In Process for Q4 2023 was $7.4 million at Patterson Uti Energy, up from $6.3 million in the prior quarter.
  • Across five years, Work In Process topped out at $8.2 million in Q2 2019 and bottomed at $255000.0 in Q1 2021.
  • The 5-year median for Work In Process is $1.3 million (2020), against an average of $2.6 million.
  • The largest annual shift saw Work In Process soared 418.13% in 2019 before it plummeted 85.48% in 2020.
  • A 5-year view of Work In Process shows it stood at $1.2 million in 2019, then tumbled by 34.74% to $802000.0 in 2020, then increased by 9.98% to $882000.0 in 2021, then skyrocketed by 165.42% to $2.3 million in 2022, then skyrocketed by 217.68% to $7.4 million in 2023.
  • Per Business Quant, the three most recent readings for PTEN's Work In Process are $7.4 million (Q4 2023), $6.3 million (Q3 2023), and $4.4 million (Q2 2023).