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

Quanterix's Work In Process history runs 8 years deep, the most recent figure standing at $7.4 million for Q1 2024.

• Quarterly Work In Process rose 55.47% year-over-year to $7.4 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $7.4 million (up 55.47% YoY) and the FY2023 annual result came in at $4.5 million, up 32.84% from the prior year.
• Work In Process was $7.4 million for Q1 2024 at Quanterix, 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.
• A 5-year average of $4.2 million and a median of $4.1 million in 2021 frame the typical range for Work In Process.
• Annual changes were most pronounced in 2022 — Work In Process tumbled 31.71% — and 2023, when it soared 62.59%.
• Quanterix's Work In Process stood at $3.3 million in 2020, then soared by 48.91% to $4.9 million in 2021, then tumbled by 31.71% to $3.4 million in 2022, then soared by 32.84% to $4.5 million in 2023, then surged by 65.05% to $7.4 million in 2024.
• Business Quant data shows QTRX's Work In Process at $7.4 million in Q1 2024, $4.5 million in Q4 2023, and $4.9 million in Q3 2023.