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Xiaomi (Xiaomi) Inventories, Work In Process : $499 Mil (As of Dec. 2023)


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What is Xiaomi 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. Xiaomi's work in process for the quarter that ended in Dec. 2023 was $499 Mil.

Xiaomi Inventories, Work In Process Historical Data

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

Xiaomi Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only 345.40 632.33 726.49 440.14 499.28

Xiaomi 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 440.14 351.82 377.83 374.13 499.28

Xiaomi 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.

Xiaomi (Xiaomi) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Xiaomi Corp (OTCPK:XIACF) » Definitions » Inventories, Work In Process
Comparable Companies
HKSE:00751 HKSE:01070 HKSE:01401 HKSE:01692 HKSE:02369 HKSE:00099 HKSE:01143 HKSE:08005 HKSE:00912 HKSE:00320 AAPL XKRX:005930 TSE:6758 TSE:6752 XKRX:066570 XKRX:003550 SZSE:002241 SHSE:603296 SZSE:300866 SHSE:600060
Traded in Other Exchanges
XIACY:USA 1810:Mexico 01810:Hong Kong 3CP:Germany
Address
Anningzhuang Road, Xiaomi Campus, Haidian District, Beijing, CHN
Website
https://www.mi.com
Xiaomi is a technology product and services company founded in early 2010, focusing mainly on smartphones and Internet of Things products and related internet services. An early adopter of online smartphone sales, Xiaomi uses Android as its operating system but has its own customized user interface called MIUI. As competition in its home Chinese smartphone market intensified and growth has slowed, it has expanded into other markets and has become the smartphone market leader in India and is gaining market share in Europe. From 2020 to 2022, from a country perspective, around 50% of its overall revenue was generated in mainland China, down from 94% in 2015. The company listed on the Hong Kong market at the beginning of July 2018.