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

Quanterix (QTRX) has disclosed Work In Process for 8 consecutive years, with $7.4 million as the latest value for Q1 2024.

  • For the quarter ending Q1 2024, Work In Process rose 55.47% year-over-year to $7.4 million, compared with a TTM value of $7.4 million through Mar 2024, up 55.47%, and an annual FY2023 reading of $4.5 million, up 32.84% over 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.
  • Average Work In Process over 5 years is $4.2 million, with a median of $4.1 million recorded in 2021.
  • The sharpest move saw Work In Process plummeted 31.71% in 2022, then skyrocketed 62.59% in 2023.
  • Year by year, 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 Work In Process for QTRX at $7.4 million in Q1 2024, $4.5 million in Q4 2023, and $4.9 million in Q3 2023.