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

Quanterix has reported Work In Process for 8 years, with the latest figure 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.
• The five-year high for Work In Process was $7.4 million in Q1 2024, with the low at $2.6 million in Q1 2020.
• Historically, Work In Process has averaged $4.2 million across 5 years, with a median of $4.1 million in 2021.
• Annual changes were most pronounced in 2022 — Work In Process plunged 31.71% — and 2023, when it soared 62.59%.
• Quanterix's Work In Process stood at $3.3 million in 2020, then jumped by 48.91% to $4.9 million in 2021, then sank by 31.71% to $3.4 million in 2022, then jumped by 32.84% to $4.5 million in 2023, then soared 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.