Quanterix (QTRX) Work In Process (2017 - 2024)
Quanterix (QTRX) posted Work In Process of $7.37 million for Q1 2024, up 55.5% from $4.74 million a year earlier and up 65.0% from the prior quarter.
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Analysis
Quanterix (QTRX) Work In Process (2017 - 2024) Analysis & Trends
At the end of FY2023, Quanterix's Work In Process came in at $4.47 million, up 32.8% from FY2022.
- Annual Work In Process shows a five-year compound annual growth rate of 13.9% (FY2018 to FY2023).
- In prior years, Quanterix's Work In Process was $3.36 million in FY2022 (-31.7%), $4.92 million in FY2021 (+48.9%), $3.31 million in FY2020 (+28.5%) and $2.57 million in FY2019 (+10.4%).
- The Q1 2024 figure stands as the highest quarterly Work In Process in data going back to Q4 2017.
- On a year-over-year basis, Work In Process has increased in each of the last five quarters, with growth averaging 17.5% over the last eight quarters.
- The strongest year-over-year quarter for Work In Process in the past five years was Q2 2023, with growth of 62.6%; the weakest was Q4 2022, with a decline of 31.7%.
- According to Business Quant data, Work In Process for the three prior quarters was $4.47 million (Q4 2023), $4.91 million (Q3 2023) and $5.52 million (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn |
| 10 | Quanterix | 165.92 Mn | -279.92 Mn | 12.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 7.37 Mn |
| Dec 31, 2023 | 4.47 Mn |
| Sep 30, 2023 | 4.91 Mn |
| Jun 30, 2023 | 5.52 Mn |
| Mar 31, 2023 | 4.74 Mn |
| Dec 31, 2022 | 3.36 Mn |
| Sep 30, 2022 | 3.49 Mn |
| Jun 30, 2022 | 3.40 Mn |
| Mar 31, 2022 | 4.07 Mn |
| Dec 31, 2021 | 4.92 Mn |
| Sep 30, 2021 | 4.24 Mn |
| Jun 30, 2021 | 4.18 Mn |
| Mar 31, 2021 | 4.01 Mn |
| Dec 31, 2020 | 3.31 Mn |
| Sep 30, 2020 | 2.99 Mn |
| Mar 31, 2020 | 2.62 Mn |
| Dec 31, 2019 | 2.57 Mn |
| Sep 30, 2019 | 2.40 Mn |
| Jun 30, 2019 | 2.33 Mn |
| Mar 31, 2019 | 2.66 Mn |
API Access
Quanterix Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=QTRX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "QTRX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=QTRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();