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M/I Homes (M/I Homes) Inventories, Work In Process : $1,169.79 Mil (As of Mar. 2024)


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What is M/I Homes 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. M/I Homes's work in process for the quarter that ended in Mar. 2024 was $1,169.79 Mil.

M/I Homes Inventories, Work In Process Historical Data

The historical data trend for M/I Homes'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.

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M/I Homes Inventories, Work In Process Chart

M/I Homes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 757.00 898.97 1,187.34 1,366.80 1,177.10

M/I Homes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventories, Work In Process Get a 7-Day Free Trial 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 1,190.52 1,207.76 1,218.26 1,177.10 1,169.79

M/I Homes 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.

M/I Homes (M/I Homes) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » M/I Homes Inc (NYSE:MHOPRACL.PFD) » Definitions » Inventories, Work In Process
Comparable Companies
TPH DFH CVCO CCS MDC LGIH GRBK SKY KBH MTH DHI LEN NVR PHM TSE:1928 TOL IBP TSE:1911 TMHC LSE:BKG
Traded in Other Exchanges
MHO:USA 4MI:Germany
Address
4131 Worth Avenue, Suite 500, Columbus, OH, USA, 43219
Website
https://www.mihomes.com
M/I Homes Inc is an American construction company that focuses on residential construction. It consists of two distinct operations: homebuilding and financial services. The homebuilding operations are spread into the Midwest, Mid-Atlantic, and Southern regions and the financial services operations support homebuilding operations by providing mortgage loans and title services to the customers of homebuilding operations. Homebuilding operations comprise the most significant portion of the revenue. The company builds homes and communities that target entry-level, move-up, and luxury homebuyers.