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

Patterson Uti Energy has disclosed Work In Process across 8 years of filings, most recently posting $7.4 million for Q4 2023.

• In Q4 2023, Work In Process rose 217.68% year-over-year to $7.4 million; the TTM figure through Dec 2023 stood at $7.4 million (up 217.68% YoY), while the FY2023 annual figure was $7.4 million, up 217.68% from the prior year.
• Work In Process came in at $7.4 million for Q4 2023 at 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.
• Average Work In Process over 5 years is $2.6 million, with a median of $1.3 million recorded in 2020.
• Year-over-year, Work In Process soared 418.13% in 2019 and plunged 85.48% in 2020.
• Over 5 years, Work In Process stood at $1.2 million in 2019, then slumped by 34.74% to $802000.0 in 2020, then gained by 9.98% to $882000.0 in 2021, then soared by 165.42% to $2.3 million in 2022, then soared by 217.68% to $7.4 million in 2023.
• Per Business Quant data, the three most recent Work In Process figures were $7.4 million in Q4 2023, $6.3 million in Q3 2023, and $4.4 million in Q2 2023.