Discontinued — last reported Q3 '14

Work in process

Current Assets

Thermo Fisher Scientific Work in process increased by 4.5% to $990.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.8%, from $902.00M to $990.00M. Over 4 years (FY 2020 to FY 2024), Work in process shows an upward trend with a 8.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2009
Last reportedQ3 2014
Parent metricInventories

How to read this metric

An increase may signal production bottlenecks or scaling up, while a decrease suggests improved manufacturing throughput.

Detailed definition

This represents the value of goods that are currently in the manufacturing process but not yet completed. It reflects th...

Peer comparison

Standard inventory metric for all manufacturing and industrial companies.

Metric ID: inv_work_in_progress

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$652.00M$680.00M$676.00M$723.00M$699.00M$677.00M$660.00M$708.00M$760.00M$743.00M$705.00M$787.00M$825.00M$902.00M$755.00M$874.00M$947.00M$990.00M
QoQ Change+4.3%-0.6%+7.0%-3.3%-3.1%-2.5%+7.3%+7.3%-2.2%-5.1%+11.6%+4.8%+9.3%-16.3%+15.8%+8.4%+4.5%
YoY Change+7.2%-0.4%-2.4%-2.1%+8.7%+9.7%+6.8%+11.2%+8.6%+21.4%+7.1%+11.1%+14.8%+9.8%
% of Inventories14.1%13.9%13.4%13.2%12.3%11.8%11.7%12.5%13.4%13.7%13.9%15.3%15.9%16.6%15.2%16.7%17.0%17.2%
Share Change-0.2pp-0.5pp-0.2pp-0.9pp-0.5pp-0.1pp+0.8pp+0.9pp+0.3pp+0.1pp+1.5pp+0.5pp+0.7pp-1.4pp+1.6pp+0.3pp+0.2pp
Range$652.00M$990.00M
CAGR+10.3%
Avg YoY Growth+8.0%
Median YoY Growth+8.6%
Current Streak3 quarters growth

Frequently Asked Questions

What is Thermo Fisher Scientific's work in process?
Thermo Fisher Scientific (TMO) reported work in process of $990.00M in Q3 2025.
How has Thermo Fisher Scientific's work in process changed year-over-year?
Thermo Fisher Scientific's work in process increased by 9.8% year-over-year, from $902.00M to $990.00M.
What is the long-term trend for Thermo Fisher Scientific's work in process?
Over 4 years (2020 to 2024), Thermo Fisher Scientific's work in process has grown at a 8.7% compound annual growth rate (CAGR), from $540.00M to $755.00M.
What does work in process mean?
The value of products currently being built but not yet finished.

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