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

Standard Motor Products (SMP) has reported Work In Process for 14 consecutive years, with $15.1 million the latest figure, recorded 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 fell to $15.1 million in Q2 2024 per SMP's latest filing, from $17.3 million in the prior quarter.
• Across five years, Work In Process topped out at $18.5 million in Q4 2023 and bottomed 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.
• The sharpest annual moves came in 2022 and 2023: Work In Process soared 53.16% in 2022, then decreased 13.59% in 2023.
• Over 5 years, Work In Process stood at $10.7 million in 2020, then soared by 49.47% to $16.0 million in 2021, then slipped by 11.94% to $14.1 million in 2022, then soared by 31.24% to $18.5 million in 2023, then declined by 18.42% to $15.1 million in 2024.
• According to Business Quant data, Work In Process over the past three periods registered $15.1 million, $17.3 million, and $18.5 million for Q2 2024, Q1 2024, and Q4 2023 respectively.