Quanterix (QTRX) Work In Process (2017 - 2024)

Quanterix (QTRX) has 8 years of Work In Process data on file, last reported at $7.4 million in Q1 2024.

• For the quarter ending Q1 2024, Work In Process rose 55.47% year-over-year to $7.4 million; the trailing twelve-month figure through Mar 2024 stood at $7.4 million (up 55.47% YoY), and the FY2023 full-year result was $4.5 million, up 32.84% from the prior year.
• Work In Process for Q1 2024 stood at $7.4 million, up from $4.5 million in the prior quarter.
• Across five years, Work In Process topped out at $7.4 million in Q1 2024 and bottomed at $2.6 million in Q1 2020.
• The 5-year median for Work In Process is $4.1 million (2021), against an average of $4.2 million.
• The widest annual swing landed in 2022, when Work In Process slumped 31.71%; it then soared 62.59% in 2023.
• A 5-year view of Work In Process shows it stood at $3.3 million in 2020, then surged by 48.91% to $4.9 million in 2021, then plunged by 31.71% to $3.4 million in 2022, then surged by 32.84% to $4.5 million in 2023, then jumped by 65.05% to $7.4 million in 2024.
• The last three Work In Process figures came in at $7.4 million (Q1 2024), $4.5 million (Q4 2023), and $4.9 million (Q3 2023), per Business Quant data.

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