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Liberty Formula One Group (FRA:LM0D) Inventories, Work In Process : €0 Mil (As of Sep. 2024)


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What is Liberty Formula One Group 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. Liberty Formula One Group's work in process for the quarter that ended in Sep. 2024 was €0 Mil.

Liberty Formula One Group Inventories, Work In Process Historical Data

The historical data trend for Liberty Formula One Group'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.
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Liberty Formula One Group Inventories, Work In Process Chart

Liberty Formula One Group Annual Data
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Inventories, Work In Process
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Liberty Formula One Group Quarterly Data
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Liberty Formula One Group 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.

Liberty Formula One Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Liberty Formula One Group (FRA:LM0D) » Definitions » Inventories, Work In Process
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Traded in Other Exchanges
FWONB:USA FWONK:USA FWONA:USA FWONK:Mexico 0JUJ:UK LM0F:Germany
Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Website
http://www.libertymedia.com
Formula One Group controls the exclusive commercial and promotional rights to the FIA Formula One World Championship series, and the monetization of those rights is the primary business of the group. The firm is responsible for development and promotion of the Formula One race series in concert with its three partners: the FIA (the regulatory body), the teams that participate in the series, and the series' commercial partners, which include the race promoters, broadcasters, sponsors, and advertisers. The F1 schedule in 2023 will encompass 23 races held on five continents. Formula One Group is a subsidiary of Liberty Media, which purchased the firm in January 2017. Formula One stock is a tracking stock for the assets under Formula One Group with Liberty Media.

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