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INNPB_CL.PFD (Summit Hotel Properties) Inventories, Work In Process : $0.00 Mil (As of Sep. 2024)


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What is Summit Hotel Properties 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. Summit Hotel Properties's work in process for the quarter that ended in Sep. 2024 was $0.00 Mil.

Summit Hotel Properties Inventories, Work In Process Historical Data

The historical data trend for Summit Hotel Properties'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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Summit Hotel Properties Inventories, Work In Process Chart

Summit Hotel Properties Annual Data
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Inventories, Work In Process
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Summit Hotel Properties Quarterly Data
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Summit Hotel Properties 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.

Summit Hotel Properties Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Summit Hotel Properties Inc (NYSE:INNpB_CL.PFD) » Definitions » Inventories, Work In Process
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Traded in Other Exchanges
INNpE.PFD:USA INN:USA
Address
13215 Bee Cave Parkway, Suite B-300, Austin, TX, USA, 78738
Website
https://www.shpreit.com
Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S. Substantially all of Summit's assets are held and operated by its Operating Partnership, Summit Hotel OP, LP, in which the company holds general and limited partnership interests. The firm has one segment in activities related to investing in real estate. Summit's revenue streams include Room and Other hotel operations revenue. Room comprises the majority of total revenues. The firm's hotels are located in various markets, such as corporate offices, retail centers, airports, state capitols, convention centers, and leisure attractions. Summit's hotels operate under brands, including Marriott, Hilton, Hyatt, and Holiday Inn.