Thermon Group Holdings (Thermon Group Holdings) Inventories, Work In Process

: $5.2 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. Thermon Group Holdings's work in process for the quarter that ended in Dec. 2023 was $5.2 Mil.

Thermon Group Holdings Inventories, Work In Process Historical Data

The historical data trend for Thermon Group Holdings'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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Thermon Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventories, Work In Process

5.70

5.32

4.07

6.29

5.34

Thermon Group Holdings 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																5.48	5.34	6.18	5.21	5.19

Thermon Group Holdings 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.

Thermon Group Holdings (Thermon Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Thermon Group Holdings Inc (NYSE:THR) » Definitions » Inventories, Work In Process

Comparable Companies

Traded in Other Exchanges

8TG:Germany

Address

7171 Southwest Parkway, Building 300, Suite 200, Austin, TX, USA, 78735

Website

https://www.thermon.com

Thermon Group Holdings Inc is a United States-based company that provides engineered thermal solutions for process industries. The company's product portfolio comprises electric heat tracing cables, steam tracing components, tubing bundles, and instrument and control products, as well as complementary product lines. It also provides turnkey services and design and engineering services. The company's customers include large engineering, procurement, and construction companies; oil and gas companies; commercial subcontractors; electrical component distributors; and others. The company has a presence, with the United States, Canada, and Europe being its top three markets and contributing the majority of its sales.

Executives

Kevin J Mcginty	director	6688 N CENTRAL EXPRESSWAY, SUITE 1170, DALLAS TX 75206
Nesser John T Iii	director	777 N ELDRIDGE PARKWAY, HOUSTON TX 77079
Kevin Fox	officer: VP - Corporate Development	7171 SOUTHWEST PKWY, BLD. 300 STE. 200, AUSTIN TX 78735
Candace Harris-peterson	officer: VP, Human Resources	7171 SOUTHWEST PARKWAY, BUILDING 300, SUITE 200, AUSTIN TX 78735
Angela Strzelecki	director	INTERNATIONAL FLAVORS & FRAGRANCES INC., 521 WEST 57TH STREET, NEW YORK NY 10019
Bruce Thames	officer: Executive VP and COO	100 THERMON DRIVE, SAN MARCOS TX 78666
Kuahara Roberto	officer: SVP, Operations	7171 SOUTHWEST PKWY, BLD. 300, STE. 200, AUSTIN TX 78735
Van Der Salm Johannes Rene	officer: SVP-Global Operations	100 THERMON DRIVE, SAN MARCOS TX 78666
Michael W Press	director	P O BOX 327, GATES MILLS OH 44040
James Pribble	officer: SVP, Thermon Heating Systems	7171 SOUTHWEST PARKWAY, BUILDING 300, SUITE 200, AUSTIN TX 78735
John U Clarke	director	PENN VIRGINIA CORPORATION, FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
Roger L Fix	director
Tarkington Ryan	officer: General Counsel & Corp. Sec.	7171 SOUTHWEST PARKWAY, BUILDING 300, SUITE 200, AUSTIN TX 78735
David Buntin	officer: SVP, Thermon Heat Tracing	7171 SOUTHWEST PARKWAY, BUILDING 300, SUITE 200, AUSTIN TX 78735
Mark John Roberts	officer: SVP, Global Engineering	7171 SOUTHWEST PARKWAY, BUILDING 300, SUITE 200, AUSTIN TX 78735