Minerals Technologies (FRA:MNK) Inventories, Work In Process : €10 Mil (As of Mar. 2024)

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What is Minerals Technologies 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. Minerals Technologies's work in process for the quarter that ended in Mar. 2024 was €10 Mil.

Minerals Technologies Inventories, Work In Process Historical Data

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

Minerals Technologies Annual Data

Trend

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Dec23

Inventories, Work In Process

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6.48

7.40

9.47

14.73

10.73

Minerals Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventories, Work In Process	Get a 7-Day Free Trial															18.40	17.81	19.96	10.73	10.21

Minerals Technologies 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.

Minerals Technologies (FRA:MNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Minerals Technologies Inc (FRA:MNK) » Definitions » Inventories, Work In Process

Comparable Companies

Traded in Other Exchanges

MTX:USA MNK:Germany

Address

622 Third Avenue, 38th Floor, New York, NY, USA, 10017-6707

Website

https://www.mineralstech.com

Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.

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