KONE Oyj (OHEL:KNEBV) Inventories, Work In Process : €0 Mil (As of Mar. 2024)

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What is KONE Oyj 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. KONE Oyj's work in process for the quarter that ended in Mar. 2024 was €0 Mil.

KONE Oyj Inventories, Work In Process Historical Data

The historical data trend for KONE Oyj'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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KONE Oyj Inventories, Work In Process Chart

KONE Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventories, Work In Process

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322.70

300.20

351.90

411.10

441.50

KONE Oyj 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															-	-	-	441.50	-

KONE Oyj 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.

KONE Oyj (OHEL:KNEBV) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

KNYJY:USA KNYJF:USA 1KNEBV:Italy KNEBVh:UK 0II2:UK KC4:Germany

Address

Keilasatama 3, P.O. Box 7, Espoo, FIN, FI-02150

Website

https://www.kone.com

Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to its closest competitors Otis, Schindler, and TK Elevator.

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