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GT (Goodyear Tire & Rubber Co) Inventories, Work In Process : $212 Mil (As of Sep. 2024)


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What is Goodyear Tire & Rubber Co 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. Goodyear Tire & Rubber Co's work in process for the quarter that ended in Sep. 2024 was $212 Mil.

Goodyear Tire & Rubber Co Inventories, Work In Process Historical Data

The historical data trend for Goodyear Tire & Rubber Co'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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Goodyear Tire & Rubber Co Inventories, Work In Process Chart

Goodyear Tire & Rubber Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 143.00 143.00 191.00 187.00 206.00

Goodyear Tire & Rubber Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 223.00 206.00 209.00 213.00 212.00

Goodyear Tire & Rubber Co 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.

Goodyear Tire & Rubber Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Goodyear Tire & Rubber Co (NAS:GT) » Definitions » Inventories, Work In Process
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Traded in Other Exchanges
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Address
200 Innovation Way, Akron, OH, USA, 44316-0001
Website
https://www.goodyear.com
Goodyear Tire & Rubber Co manufactures and sells a variety of rubber tires under the Goodyear brand name. The firm's tires are used for automobiles, trucks, buses, aircraft, motorcycles, mining equipment, farm equipment, and industrial equipment. The company operates its business through three operating segments representing its regional tire businesses: Americas; Europe, the Middle East, and Africa (EMEA); and the Asia Pacific.
Executives
John E Mcglade director
Laurette T Koellner director
David Emmitt Phillips officer: Sr VP and General Counsel 200 INNOVATION WAY, AKRON OH 44316
Max H Mitchell director CRANE CO, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Christopher R Delaney officer: President, Asia-Pacific Region 200 INNOVATION WAY, AKRON OH 44316
Darren R Wells officer: Vice President & Treasurer THE GOODYEAR TIRE & RUBBER COMPANY, 1144 EAST MARKET STREET, AKRON OH 44316-0001
Roger Wood director 3850 HAMLIN RD., AUBURN HILLS MI 48326
Joseph R Hinrichs director FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Margaret V Snyder officer: Vice President and Controller 200 INNOVATION WAY, AKRON OH 44316
Christina L Zamarro officer: EVP & Chief Financial Officer 200 INNOVATION WAY, AKRON OH 44316
Norma Clayton director 1915 REXFORD ROAD, CHARLOTTE NC 28211
Richard J Kramer officer: Senior Vice President THE GOODYEAR TIRE & RUBBER COMPANY, 1144 EAST MARKET STREET, AKRON OH 44316-0001
Stephen R Mcclellan officer: Pres., NAT Consumer Business 1144 EAST MARKET STREET, AKRON OH 44316
Prashanth Mahendra-rajah director C/O WABCO HOLDINGS INC., ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Karla R Lewis director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254