ThredUp (TDUP) Work In Process (2021 - 2024)
ThredUp (TDUP) posted quarterly Work In Process of $666000.0 for Q3 2024, down 79.33% year-over-year from $3.2 million in Q4 2023, and down 50.96% quarter-over-quarter from $1.4 million in Q2 2024.
Analysis
ThredUp (TDUP) Work In Process (2021 - 2024) Analysis & Trends
ThredUp (TDUP) has reported Work In Process for 4 consecutive years, with $666000.0 the latest figure, recorded in Q3 2024.
- In Q3 2024, Work In Process fell 79.33% year-over-year to $666000.0; the TTM figure through Sep 2024 stood at $666000.0 (down 79.33% YoY), while the FY2023 annual figure was $3.3 million, up 26.3% from the prior year.
- Work In Process slipped to $666000.0 in Q3 2024 per TDUP's latest filing, from $1.4 million in the prior quarter.
- Across five years, Work In Process topped out at $3.3 million in Q4 2023 and bottomed at $586000.0 in Q2 2022.
- Historically, Work In Process has averaged $1.8 million across 4 years, with a median of $1.7 million in 2021.
- Annual changes were most pronounced in 2023 — Work In Process surged 444.26% — and 2024, when it tumbled 79.33%.
- ThredUp's Work In Process stood at $1.6 million in 2021, then soared by 67.24% to $2.6 million in 2022, then advanced by 26.3% to $3.3 million in 2023, then tumbled by 80.02% to $666000.0 in 2024.
- Business Quant data shows TDUP's Work In Process at $666000.0 in Q3 2024, $1.4 million in Q2 2024, and $1.8 million in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,735.27 Bn | 2,612.28 Bn | 198.88 Bn |
| 2 | PDD Holdings | 116.19 Bn | -48,010.22 Bn | 9.45 Bn |
| 3 | DoorDash | 98.67 Bn | 93.32 Bn | 2.35 Bn |
| 4 | Mercadolibre | 98.66 Bn | 83.46 Bn | 4.16 Bn |
| 5 | Sea | 67.43 Bn | 59.03 Bn | 3.55 Bn |
| 6 | Ebay | 46.79 Bn | 43.48 Bn | 2.30 Bn |
| 7 | JD.com | 39.63 Bn | 7.08 Bn | 16.50 Bn |
| 8 | Coupang | 28.43 Bn | 22.32 Bn | 2.49 Bn |
| 9 | Wayfair | 12.38 Bn | 11.24 Bn | 1.05 Bn |
| 10 | ThredUp | 329.18 Mn | 276.75 Mn | 72.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 666,000.00 |
| Jun 30, 2024 | 1.36 Mn |
| Mar 31, 2024 | 1.78 Mn |
| Dec 31, 2023 | 3.33 Mn |
| Sep 30, 2023 | 3.22 Mn |
| Jun 30, 2023 | 3.09 Mn |
| Mar 31, 2023 | 2.43 Mn |
| Dec 31, 2022 | 2.64 Mn |
| Sep 30, 2022 | 592,000.00 |
| Jun 30, 2022 | 586,000.00 |
| Mar 31, 2022 | 668,000.00 |
| Dec 31, 2021 | 1.58 Mn |