GE Aerospace (BUE:GE) Inventories, Work In Process : ARS0 Mil (As of Dec. 2024)

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What is GE Aerospace 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. GE Aerospace's work in process for the quarter that ended in Dec. 2024 was ARS0 Mil.

GE Aerospace Inventories, Work In Process Historical Data

The historical data trend for GE Aerospace's Inventories, Work In Process can be seen below:

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GE Aerospace Inventories, Work In Process Chart

GE Aerospace Annual Data

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Inventories, Work In Process

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GE Aerospace Quarterly Data
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GE Aerospace 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.

GE Aerospace Business Description

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Address

1 Neumann Way, Evendale, Cleveland, OH, USA, 45215

Website

https://www.geaerospace.com

GE Aerospace is the global leader in designing, manufacturing, and servicing large aircraft engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 70,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; that company became a storied conglomerate with peak revenue of $130 billion in 2000 until GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.