Merck (BUE:MRK) Inventories, Work In Process : ARS0 Mil (As of Dec. 2023)

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What is Merck 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. Merck's work in process for the quarter that ended in Dec. 2023 was ARS0 Mil.

Merck Inventories, Work In Process Historical Data

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

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Merck Inventories, Work In Process Chart

Merck Annual Data

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Inventories, Work In Process

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Merck Quarterly Data
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Merck 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.

Merck (BUE:MRK) Business Description

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Address

126 East Lincoln Avenue, Rahway, NJ, USA, 07065

Website

https://www.merck.com

Merck makes pharmaceutical products to treat several conditions in a number of therapeutic areas, including cardiometabolic disease, cancer, and infections. Within cancer, the firm's immuno-oncology platform is growing as a major contributor to overall sales. The company also has a substantial vaccine business, with treatments to prevent pediatric diseases as well as human papillomavirus, or HPV. Additionally, Merck sells animal health-related drugs. From a geographical perspective, just under half of the company's sales are generated in the United States.