Trulieve Cannabis (TRLV) Work In Process (2020 - 2023)
Trulieve Cannabis (TRLV) posted Work In Process of $134.2 million for Q2 2023, down 19.11% on a QoQ basis from $165.9 million in Q1 2023, and up 9.37% year-over-year from $122.7 million in Q2 2022.
Analysis
Trulieve Cannabis (TRLV) Work In Process (2020 - 2023) Analysis & Trends
Trulieve Cannabis has reported Work In Process for 4 years, with the latest figure at $134.2 million in Q2 2023.
- On a quarterly basis, Work In Process rose 9.37% year-over-year to $134.2 million in Q2 2023; TTM through Jun 2023 was $134.2 million, a 9.37% increase from a year earlier, with the FY2022 full-year figure at $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.
- The five-year high for Work In Process was $165.9 million in Q1 2023, with the low at $51.5 million in Q1 2021.
- Average Work In Process over 4 years is $106.1 million, with a median of $99.7 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Work In Process jumped 158.24% in 2022, then grew 9.37% in 2023.
- Over 4 years, Work In Process stood at $54.8 million in 2020, then jumped by 72.05% to $94.2 million in 2021, then surged by 68.12% to $158.4 million in 2022, then decreased 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |