MCRAB (McRae Industries) Inventories, Work In Process: $1.2 Mil (As of Jul. 2023)

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MCRAB McRae Industries Inc MCRAB
12 GF Score
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What is McRae Industries Inventories, Work In Process?

McRae Industries MCRAB 12 Inventories, Work In Process is $1.2 Mil as of Jul. 2023. GuruFocus rates MCRAB with a GF Score™ of 12/100.

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. McRae Industries's work in process for the quarter that ended in Jul. 2023 was $1.2 Mil.

McRae Industries Inventories, Work In Process Historical Data

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The historical data trend for McRae Industries'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.

McRae Industries Inventories, Work In Process Chart

McRae Industries Annual Data
Trend Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul21 Jul22 Jul23
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.39 0.45 0.00 0.98 1.24

McRae Industries Semi-Annual Data
Jul89 Jul90 Jul91 Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul21 Jul22 Jul23
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 2.39 0.45 0.00 0.98 1.24
MCRAB
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McRae Industries Inc MCRAB
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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McRae Industries 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 $1.2 Mil mean?
McRae Industries (MCRAB) has a Inventories, Work In Process of $1.2 Mil as of Jul. 2023. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on McRae Industries and its competitors.
Is McRae Industries' Inventories, Work In Process too high?
McRae Industries' current Inventories, Work In Process is $1.2 Mil. Overall, McRae Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does McRae Industries' Inventories, Work In Process compare to RCKY and DBI?
McRae Industries' Inventories, Work In Process of $1.2 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 a Manufacturing - Apparel & Accessories company?
A good Inventories, Work In Process depends on the Manufacturing - Apparel & Accessories 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 McRae Industries and its competitors. McRae Industries's current Inventories, Work In Process is $1.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McRae Industries stock overvalued right now?
McRae Industries (MCRAB) has a current Inventories, Work In Process of $1.2 Mil. The current Inventories, Work In Process is $1.2 Mil. McRae Industries' overall GF Score™ is 12/100. 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 McRae Industries (MCRAB), the current Inventories, Work In Process is $1.2 Mil as of Jul. 2023. 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.

McRae Industries Business Description

Address 400 North Main Street, P.O. Box 1239, Mount Gilead, NC, USA, 27306
McRae Industries Inc operates in the footwear industry. It is engaged in the manufacturing, sales, and distribution of boot products targeted to the western lifestyle and work boot markets. The company also manufactures military combat boots for the U.S. Government and operates other smaller businesses. It has a wholly owned subsidiary that designs, markets, and distributes men's, women's, and children's footwear under the following brands: Dan Post, Laredo Western Boots, Dingo, and McRae Footwear.
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Inventories, Work In Process is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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