Standard Motor Products (SMP) Work In Process (2011 - 2024)

Standard Motor Products has reported Work In Process for 14 years, with the latest figure at $15.1 million in Q2 2024.

• For the quarter ending Q2 2024, Work In Process fell 6.4% year-over-year to $15.1 million; the trailing twelve-month figure through Jun 2024 stood at $15.1 million (down 6.4% YoY), and the FY2023 full-year result was $18.5 million, up 31.24% from the prior year.
• Work In Process for Q2 2024 stood at $15.1 million, down from $17.3 million in the prior quarter.
• The five-year high for Work In Process was $18.5 million in Q4 2023, with the low at $10.7 million in Q4 2020.
• Historically, Work In Process has averaged $14.5 million across 5 years, with a median of $15.0 million in 2021.
• Annual changes were most pronounced in 2022 — Work In Process surged 53.16% — and 2023, when it retreated 13.59%.
• Standard Motor Products' Work In Process 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.