Standard Motor Products (SMP) Work In Process (2011 - 2024)
Standard Motor Products' (SMP) quarterly Work In Process came in at $15.1 million in Q2 2024, down 6.4% YoY from $16.1 million in Q3 2023, and down 12.97% on a QoQ basis from $17.3 million in Q1 2024.
Standard Motor Products (SMP) Work In Process (2011 - 2024) Analysis & Trends
Standard Motor Products (SMP) has 14 years of Work In Process data on file, last reported at $15.1 million in Q2 2024.
- Quarterly Work In Process fell 6.4% year-over-year to $15.1 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $15.1 million (down 6.4% YoY) and the FY2023 annual result came in at $18.5 million, up 31.24% from the prior year.
- Work In Process slipped to $15.1 million in Q2 2024, from $17.3 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $18.5 million in Q4 2023 to a low of $10.7 million in Q4 2020.
- A 5-year average of $14.5 million and a median of $15.0 million in 2021 frame the typical range for Work In Process.
- Annual changes were most pronounced in 2022 — Work In Process surged 53.16% — and 2023, when it retreated 13.59%.
- Tracing SMP's Work In Process over 5 years: stood at $10.7 million in 2020, then jumped by 49.47% to $16.0 million in 2021, then retreated by 11.94% to $14.1 million in 2022, then jumped by 31.24% to $18.5 million in 2023, then slipped by 18.42% to $15.1 million in 2024.
- The last three Work In Process figures came in at $15.1 million (Q2 2024), $17.3 million (Q1 2024), and $18.5 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn |
| 10 | Standard Motor Products | 849.76 Mn | 849.76 Mn | 164.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 15.09 Mn |
| Mar 31, 2024 | 17.34 Mn |
| Dec 31, 2023 | 18.50 Mn |
| Sep 30, 2023 | 15.27 Mn |
| Jun 30, 2023 | 16.13 Mn |
| Mar 31, 2023 | 15.40 Mn |
| Dec 31, 2022 | 14.10 Mn |
| Sep 30, 2022 | 13.34 Mn |
| Jun 30, 2022 | 17.25 Mn |
| Mar 31, 2022 | 17.83 Mn |
| Dec 31, 2021 | 16.01 Mn |
| Sep 30, 2021 | 14.84 Mn |
| Jun 30, 2021 | 12.22 Mn |
| Mar 31, 2021 | 11.64 Mn |
| Dec 31, 2020 | 10.71 Mn |
| Sep 30, 2020 | 10.82 Mn |
| Jun 30, 2020 | 12.66 Mn |
| Mar 31, 2020 | 12.55 Mn |
| Dec 31, 2019 | 11.14 Mn |
| Sep 30, 2019 | 9.48 Mn |