Work in process
Mettler-Toledo International, Inc. Work in process increased by 13.0% to $87.14M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.6%, from $74.71M to $87.14M. Over 5 years (FY 2020 to FY 2025), Work in process shows an upward trend with a 6.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase may indicate production bottlenecks or scaling efforts, while a decrease suggests efficient throughput or reduced manufacturing activity.
Detailed definition
Represents the value of goods that have entered the production process but are not yet finished. For a manufacturer like...
Peer comparison
Peers in medical device manufacturing typically maintain lean WIP levels to optimize cash conversion cycles.
inv_work_in_progressHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $66.08M | $73.11M | $76.02M | $84.08M | $79.31M | $80.90M | $77.85M | $78.65M | $74.80M | $73.61M | $81.18M | $75.14M | $72.98M | $72.99M | $69.49M | $74.71M | $79.04M | $81.30M | $77.15M | $87.14M |
| QoQ Change | — | +10.6% | +4.0% | +10.6% | -5.7% | +2.0% | -3.8% | +1.0% | -4.9% | -1.6% | +10.3% | -7.4% | -2.9% | +0.0% | -4.8% | +7.5% | +5.8% | +2.9% | -5.1% | +13.0% |
| YoY Change | — | — | — | — | +20.0% | +10.7% | +2.4% | -6.5% | -5.7% | -9.0% | +4.3% | -4.5% | -2.4% | -0.8% | -14.4% | -0.6% | +8.3% | +11.4% | +11.0% | +16.6% |
| % of Inventories | 18.9% | 19.2% | 18.3% | 18.8% | 17.1% | 17.9% | 17.6% | 18.4% | 18.9% | 19.6% | 21.0% | 20.1% | 19.9% | 19.4% | 20.3% | 20.8% | 20.4% | 20.2% | 19.9% | 21.5% |
| Share Change | — | +0.3pp | -0.8pp | +0.5pp | -1.7pp | +0.8pp | -0.3pp | +0.8pp | +0.5pp | +0.6pp | +1.5pp | -0.9pp | -0.2pp | -0.5pp | +0.9pp | +0.5pp | -0.5pp | -0.1pp | -0.3pp | +1.6pp |
Work in process at Other Companies
Frequently Asked Questions
- What is Mettler-Toledo International, Inc.'s work in process?
- Mettler-Toledo International, Inc. (MTD) reported work in process of $87.14M in Q1 2026.
- How has Mettler-Toledo International, Inc.'s work in process changed year-over-year?
- Mettler-Toledo International, Inc.'s work in process increased by 16.6% year-over-year, from $74.71M to $87.14M.
- What is the long-term trend for Mettler-Toledo International, Inc.'s work in process?
- Over 5 years (2020 to 2025), Mettler-Toledo International, Inc.'s work in process has grown at a 6.7% compound annual growth rate (CAGR), from $55.69M to $77.15M.
- What does work in process mean?
- The value of goods currently in the middle of the manufacturing process.