Standard Motor Products (SMP) Work In Process (2011 - 2024)
Standard Motor Products' Work In Process was $15.09 million in Q2 2024, down 6.4% from $16.13 million a year earlier and down 13.0% from the prior quarter.
Standard Motor Products (SMP) Work In Process (2011 - 2024) Analysis & Trends
At the end of FY2023, Work In Process at Standard Motor Products came in at $18.5 million, up 31.2% from FY2022.
- Work In Process shows a five-year compound annual growth rate of 11.9% (FY2018 to FY2023).
- In earlier years, Work In Process was $14.1 million in FY2022 (-11.9%), $16.01 million in FY2021 (+49.5%), $10.71 million in FY2020 (-3.8%) and $11.14 million in FY2019 (+5.8%).
- The Q2 2024 figure marks the lowest quarterly Work In Process since Q4 2022.
- Compared with a year earlier, Work In Process was higher in three of the last eight quarters, with growth averaging 1.2%.
- The best year-over-year quarter for Work In Process over five years was Q1 2022 (growth of 53.2%); the worst was Q1 2023 (a decline of 13.6%).
- Per Business Quant data, SMP's Work In Process in the three quarters before Q2 2024 was $17.34 million (Q1 2024), $18.5 million (Q4 2023) and $15.27 million (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,148.52 Bn | 983.08 Bn | 4.75 Bn |
| 2 | Toyota Motor | 242.17 Bn | -164.57 Bn | 20.95 Bn |
| 3 | Ferrari | 145.86 Bn | 138.30 Bn | 1.18 Bn |
| 4 | Honda Motor | 143.38 Bn | 10.76 Bn | 8.46 Bn |
| 5 | General Motors | 67.56 Bn | -37.30 Bn | 7.33 Bn |
| 6 | Ford Motor | 47.24 Bn | -95.23 Bn | 6.08 Bn |
| 7 | Rivian Automotive | 20.35 Bn | -2.94 Bn | 179.00 Mn |
| 8 | Magna International | 17.85 Bn | 15.41 Bn | 1.61 Bn |
| 9 | Stellantis | 12.63 Bn | -153.36 Bn | 5.55 Bn |
| 10 | Standard Motor Products | 829.50 Mn | 844.10 Mn | 164.62 Mn |
Historic 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 |
Standard Motor Products 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=SMP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "SMP", "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=SMP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();