IHG (InterContinental Hotels Group) Inventories, Work In Process : $0 Mil (As of Dec. 2024)

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What is InterContinental Hotels 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. InterContinental Hotels Group's work in process for the quarter that ended in Dec. 2024 was $0 Mil.

InterContinental Hotels Group Inventories, Work In Process Historical Data

The historical data trend for InterContinental Hotels 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.
* 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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InterContinental Hotels Group Inventories, Work In Process Chart

InterContinental Hotels Group Annual Data

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Inventories, Work In Process

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InterContinental Hotels Group Semi-Annual Data
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InterContinental Hotels 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.

InterContinental Hotels Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » InterContinental Hotels Group PLC (NYSE:IHG) » Definitions » Inventories, Work In Process

Comparable Companies

Traded in Other Exchanges

ICHGF:USA IHG N:Mexico IHGl:UK IHG:UK IC1B:Germany IC1H:Germany IC1H:Germany

Address

1 Windsor Dials, Arthur Road, Windsor, Berkshire, GBR, SL4 1RS

Website

https://www.ihgplc.com

InterContinental Hotels Group operates 987,000 rooms across 19 brands addressing the midscale through luxury segments, as of Dec. 31, 2024. Holiday Inn and Holiday Inn Express constitute the largest brand, while Hotel Indigo, Even, Hualuxe, Kimpton, and Voco are newer lifestyle brands experiencing strong demand. The company launched a midscale brand, Avid, in 2017 and closed on a 51% stake in Regent Hotels in 2018. It acquired Six Senses in 2019 and launched another midscale brand, Garner, in 2023. Managed and franchised represent 99% of total rooms. As of Dec. 31, 2024, the Americas represented 53% of total rooms, with Greater China accounting for 20% and Europe, Asia, the Middle East, and Africa making up 27%.