Methode Electronics (FRA:ME5A) Inventories, Work In Process : €16 Mil (As of Jan. 2024)

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What is Methode Electronics 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. Methode Electronics's work in process for the quarter that ended in Jan. 2024 was €16 Mil.

Methode Electronics Inventories, Work In Process Historical Data

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

Methode Electronics Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Inventories, Work In Process

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8.37

9.94

11.70

11.95

13.13

Methode Electronics Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventories, Work In Process	Get a 7-Day Free Trial															17.35	13.13	15.82	16.76	16.34

Methode Electronics 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.

Methode Electronics (FRA:ME5A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Methode Electronics Inc (FRA:ME5A) » Definitions » Inventories, Work In Process

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Traded in Other Exchanges

MEI:USA ME5A:Germany

Address

8750 West Bryn Mawr Avenue, Suite 1000, Chicago, IL, USA, 60631-3518

Website

https://www.methode.com

Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized in various business segments: Automotive, Industrial, interface and Medical. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile. The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables and custom power-product assemblies. The Interface segment provides a variety of copper and fiber-optic interface and interface solutions. The Medical segment is made up of the Company's medical device business, Dabir Surfaces, its surface support technology aimed at pressure injury prevention.

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