Block Work in process increased by 16.4% to $54.46M in Q1 2026 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may indicate production bottlenecks or scaling efforts, while a decrease suggests efficient throughput or reduced manufacturing activity.
Represents the value of goods that have entered the production process but are not yet finished. For a manufacturer like...
Peers in medical device manufacturing typically maintain lean WIP levels to optimize cash conversion cycles.
inv_work_in_progress| Q4 '25 | Q1 '26 | |
|---|---|---|
| Value | $46.79M | $54.46M |
| QoQ Change | — | +16.4% |
| % of Inventories | 29.6% | 31.2% |
| Share Change | — | +1.7pp |