Current Assets

Work in process

Nine Energy Service Work in process decreased by 24.0% to $111.00K in Q1 2026 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026
Parent metricInventories

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.

Metric ID: inv_work_in_progress

Historical Data

2 periods
 Q4 '25Q1 '26
Value$146.00K$111.00K
QoQ Change-24.0%
% of Inventories0.2%0.2%
Share Change-0.0pp
Range$111.00K$146.00K

Frequently Asked Questions

What is Nine Energy Service's work in process?
Nine Energy Service (NINE) reported work in process of $111.00K in Q1 2026.
What does work in process mean?
The value of goods currently in the middle of the manufacturing process.