Trulieve Cannabis (TCNNF) Work In Process (2020 - 2023)

Trulieve Cannabis (TCNNF) recorded quarterly Work In Process of $134.2 million in Q2 2023, down 19.11% quarter-over-quarter from $165.9 million in Q1 2023, and up 9.37% on a YoY basis from $122.7 million in Q2 2022.

Trulieve Cannabis (TCNNF) Work In Process (2020 - 2023) Analysis & Trends

Trulieve Cannabis' Work In Process history runs 4 years deep, the most recent figure standing at $134.2 million for Q2 2023.

  • In Q2 2023, Work In Process rose 9.37% year-over-year to $134.2 million; the TTM figure through Jun 2023 stood at $134.2 million (up 9.37% YoY), while the FY2022 annual figure was $158.4 million, up 68.12% from the prior year.
  • Work In Process was $134.2 million for Q2 2023 at Trulieve Cannabis, down from $165.9 million in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $165.9 million in Q1 2023 to a low of $51.5 million in Q1 2021.
  • Historically, Work In Process has averaged $106.1 million across 4 years, with a median of $99.7 million in 2022.
  • The sharpest annual moves came in 2022 and 2023: Work In Process soared 158.24% in 2022, then climbed 9.37% in 2023.
  • A 4-year view of Work In Process shows it stood at $54.8 million in 2020, then soared by 72.05% to $94.2 million in 2021, then jumped by 68.12% to $158.4 million in 2022, then retreated by 15.32% to $134.2 million in 2023.
  • The last three Work In Process figures came in at $134.2 million (Q2 2023), $165.9 million (Q1 2023), and $158.4 million (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn
10 Trulieve Cannabis - - 170.08 Mn

Historic Data

Download Data
DateValue
Jun 30, 2023 134.17 Mn
Mar 31, 2023 165.87 Mn
Dec 31, 2022 158.45 Mn
Sep 30, 2022 165.15 Mn
Jun 30, 2022 122.68 Mn
Mar 31, 2022 99.67 Mn
Dec 31, 2021 94.25 Mn
Sep 30, 2021 63.95 Mn
Jun 30, 2021 56.82 Mn
Mar 31, 2021 51.51 Mn
Dec 31, 2020 54.78 Mn