Advance Auto Parts (MEX:AAP) Inventories, Work In Process : MXN0 Mil (As of Sep. 2024)

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What is Advance Auto Parts 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. Advance Auto Parts's work in process for the quarter that ended in Sep. 2024 was MXN0 Mil.

Advance Auto Parts Inventories, Work In Process Historical Data

The historical data trend for Advance Auto Parts'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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Advance Auto Parts Inventories, Work In Process Chart

Advance Auto Parts Annual Data

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Inventories, Work In Process

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Advance Auto Parts Quarterly Data
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Advance Auto Parts 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.

Advance Auto Parts Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Advance Auto Parts Inc (MEX:AAP) » Definitions » Inventories, Work In Process

Comparable Companies

Traded in Other Exchanges

AAP:USA 0H9G:UK AWN:Germany AWN:Germany A1AP34:Brazil AAP:Argentina

Address

4200 Six Forks Road, Raleigh, NC, USA, 27609

Website

https://www.advanceautoparts.com

Advance Auto Parts is a leading auto parts retailer in North America with more than 4,000 store and branch locations. About 55% of the firm's sales are geared toward the professional channel, with the remaining 45% going to the do-it-yourself market. Through its vast store footprint and distribution network, Advance manages thousands of stock-keeping units conducive to various vehicle makes and models. The retailer primarily competes on the basis of inventory availability and service speed, making the operating efficiency of its hub and spoke distribution model critical to meeting customer needs.