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ArcelorMittal (ArcelorMittal) Inventories, Work In Process

: $4,741 Mil (As of Dec. 2023)
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Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. ArcelorMittal's work in process for the quarter that ended in Dec. 2023 was $4,741 Mil.

ArcelorMittal Inventories, Work In Process Historical Data

The historical data trend for ArcelorMittal's Inventories, Work In Process can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ArcelorMittal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventories, Work In Process
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,165.00 3,305.00 5,101.00 5,343.00 4,741.00

ArcelorMittal Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventories, Work In Process Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,343.00 - 4,970.00 - 4,741.00

ArcelorMittal Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

ArcelorMittal (ArcelorMittal) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ArcelorMittal SA (NYSE:MT) » Definitions » Inventories, Work In Process
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TSE:8285 TSE:7762 TSE:3420 TSE:8020 TSE:3204 TSE:7795 TSE:9213 TSE:8081 TSE:8015 TSE:8002 NUE BOM:500228 XKRX:005490 STLD NSE:TATASTEEL TSE:5401 SHSE:600019 RS MIC:CHMF TPE:2002
Traded in Other Exchanges
AMSYF:USA MT:Netherlands MT:Mexico MTa:UK 0RP9:UK MTS:Spain ARRD:Germany ARMT34:Brazil MT:Austria
Address
24-26, Boulevard d’Avranches, Luxembourg, LUX, L-1160
Website
http://www.arcelormittal.com
ArcelorMittal SA is involved in the steel industry. The company's operating segments include NAFTA; Brazil; Europe; ACIS; Mining and others. It generates maximum revenue from the Europe segment. Europe segment produces hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. These products are sold primarily to customers in the automotive, general, and packaging sectors as well as also produce long products consisting of sections, wire rods, rebar, billets, blooms and wire drawing, and tubular products. Geographically, it derives a majority of its revenue from Brazil.