Kitron ASA (OSTO:KITO) Inventories, Work In Process : kr0 Mil (As of Dec. 2023)

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What is Kitron ASA Inventories, Work In Process?

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. Kitron ASA's work in process for the quarter that ended in Dec. 2023 was kr0 Mil.

Kitron ASA Inventories, Work In Process Historical Data

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

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Kitron ASA Inventories, Work In Process Chart

Kitron ASA Annual Data

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Inventories, Work In Process

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Kitron ASA Quarterly Data
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Kitron ASA 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.

Kitron ASA (OSTO:KITO) Business Description

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KIT:Norway KP5:Germany

Address

Olav Brunborgs vei 4, Billingstad, NOR, 1396

Website

https://www.kitron.com

Kitron ASA is an electronics manufacturing service company. It manufactures products that are embedded in the customers' own products and box-built electronic products. The company provides a high-level assembly of complex electromechanical products and also provides various other services within development, industrialization, supply chain management, logistics, and aftermarket services. The company has manufacturing facilities in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, and the United States. It serves Defense/Aerospace, Energy/Telecoms, Industry, Medical Devices, and Offshore/Marine markets. The company operates in a single segment Electronics Manufacturing Services from which it earns the majority of its revenues.

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