iFIT Health & Fitness (iFIT Health & Fitness) Inventories, Work In Process : $0 Mil (As of May. 2020)

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What is iFIT Health & Fitness 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. iFIT Health & Fitness's work in process for the quarter that ended in May. 2020 was $0 Mil.

iFIT Health & Fitness Inventories, Work In Process Historical Data

The historical data trend for iFIT Health & Fitness'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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iFIT Health & Fitness Inventories, Work In Process Chart

iFIT Health & Fitness Annual Data

Trend

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Inventories, Work In Process

iFIT Health & Fitness Quarterly Data
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iFIT Health & Fitness 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.

iFIT Health & Fitness (iFIT Health & Fitness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » iFIT Health & Fitness Inc (NAS:IFIT) » Definitions » Inventories, Work In Process

Comparable Companies

Traded in Other Exchanges

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Address

1500 South 1000 West, Logan, UT, USA, 84321

Website

https://www.ifit.com

iFIT Health & Fitness Inc is a health and fitness subscription technology company. It is an integrated health and fitness platform, designed to connect proprietary software, experiential content, and interactive hardware to deliver an unmatched connected fitness experience. It has two segments. The Interactive Fitness Products segment, which is the key revenue driver, derives revenue from the sale of the treadmills, bikes, ellipticals, rowers, climbers, strength equipment, fitness mirrors, yoga equipment, and accessories. The Subscription segment derives revenue from iFIT subscriptions and the sale of extended warranties on the fitness equipment.