IRIG (Integrated Drilling Equipment Holdings) Inventories, Work In Process: $3.93 Mil (As of Dec. 2014)


What is Integrated Drilling Equipment Holdings Inventories, Work In Process?

Integrated Drilling Equipment Holdings IRIG Inventories, Work In Process is $3.93 Mil as of Dec. 2014.

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. Integrated Drilling Equipment Holdings's work in process for the quarter that ended in Dec. 2014 was $3.93 Mil.

Integrated Drilling Equipment Holdings Inventories, Work In Process Historical Data

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The historical data trend for Integrated Drilling Equipment Holdings'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.

Integrated Drilling Equipment Holdings Inventories, Work In Process Chart

Integrated Drilling Equipment Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Inventories, Work In Process
22.16 5.41 2.20 3.93

Integrated Drilling Equipment Holdings Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 2.20 2.04 2.16 3.10 3.93

Integrated Drilling Equipment Holdings 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.

What does a Inventories, Work In Process of $3.93 Mil mean?
Integrated Drilling Equipment Holdings (IRIG) has a Inventories, Work In Process of $3.93 Mil as of Dec. 2014. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Integrated Drilling Equipment Holdings and its competitors.
Is Integrated Drilling Equipment Holdings' Inventories, Work In Process too high?
Integrated Drilling Equipment Holdings' current Inventories, Work In Process is $3.93 Mil.
How does Integrated Drilling Equipment Holdings' Inventories, Work In Process compare to ESES and TIRTZ?
Integrated Drilling Equipment Holdings' Inventories, Work In Process of $3.93 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Work In Process for an Oil & Gas company?
A good Inventories, Work In Process depends on the Oil & Gas industry context. However, Inventories, Work In Process should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Integrated Drilling Equipment Holdings and its competitors. Integrated Drilling Equipment Holdings's current Inventories, Work In Process is $3.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Integrated Drilling Equipment Holdings stock overvalued right now?
Integrated Drilling Equipment Holdings (IRIG) has a current Inventories, Work In Process of $3.93 Mil. The current Inventories, Work In Process is $3.93 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Integrated Drilling Equipment Holdings (IRIG), the current Inventories, Work In Process is $3.93 Mil as of Dec. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Integrated Drilling Equipment Holdings Business Description

Industry EnergyOil & Gas
Address 25311 I-45 North, Woodpark Business Center, Spring, TX, USA, 77380
Integrated Drilling Equipment Holdings Corp provides products and services to customers in the oil and gas industry both domestically and internationally. It operates in two segments: Electrical Products & Services and Drilling Products & Services.