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Volkswagen AG (WBO:VOW) Inventories, Work In Process : €5,005 Mil (As of Dec. 2023)


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What is Volkswagen AG 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. Volkswagen AG's work in process for the quarter that ended in Dec. 2023 was €5,005 Mil.

Volkswagen AG Inventories, Work In Process Historical Data

The historical data trend for Volkswagen AG'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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Volkswagen AG Inventories, Work In Process Chart

Volkswagen AG 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 4,110.00 4,022.00 6,559.00 6,041.00 5,005.00

Volkswagen AG 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 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 6,041.00 6,364.00 6,175.00 5,785.00 5,005.00

Volkswagen AG 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.

Volkswagen AG (WBO:VOW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volkswagen AG (WBO:VOW) » Definitions » Inventories, Work In Process
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Traded in Other Exchanges
VWAPY:USA VLKPF:USA VWAGY:USA VLKAF:USA VOW:Poland VOW3N:Mexico VOW3:Italy VOLKSWAGEN:Hungary VOW3d:UK 0P6O:UK 0P6N:UK VOW3:Germany VOW:Germany VOW:Czech Republic
Address
Berliner Ring 2, Wolfsburg, NI, DEU, 38440
Website
https://www.volkswagenag.com
Volkswagen is one of the world's largest automotive manufacturers. Automotive brands include Volkswagen passenger cars, Audi, Bentley, Lamborghini, Porsche, SEAT, and Skoda. Commercial vehicle brands include MAN, Navistar, Scania, and Volkswagen. The company's financial services group provides dealer financing to support floor plans, consumer financing for vehicle purchases, vehicle leasing, banking, and other financial services. In 2022, Europe was Volkswagen's largest light vehicle market at 41% of total volume, followed by China at 37%, and rest of world at 22%.

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