GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MP Materials Corp (MEX:MP) » Definitions » Inventories, Work In Process

MP Materials (MEX:MP) Inventories, Work In Process : MXN461 Mil (As of Mar. 2025)


View and export this data going back to 2020. Start your Free Trial

What is MP Materials 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. MP Materials's work in process for the quarter that ended in Mar. 2025 was MXN461 Mil.

MP Materials Inventories, Work In Process Historical Data

The historical data trend for MP Materials'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.

* Premium members only.

MP Materials Inventories, Work In Process Chart

MP Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventories, Work In Process
Get a 7-Day Free Trial 487.83 524.63 33.34 254.94 301.30

MP Materials Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 450.44 519.38 486.25 301.30 460.90

MP Materials 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.

MP Materials Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MP Materials Corp (MEX:MP) » Definitions » Inventories, Work In Process
Comparable Companies
TMC MTRN USAR CMP GSM NEXA REEMF UAMY LZM CRML ASX:BHP ASX:RIO LSE:RIO SAU:1211 LSE:GLEN MEX:GMEXICOB BSP:VALE3 LSE:AAL ASX:FMG BOM:500188
Traded in Other Exchanges
MP:USA 55H0:Germany
Address
1700 S. Pavilion Center Drive, Suite 800, Las Vegas, NV, USA, 89135
Website
https://www.mpmaterials.com
MP Materials Corp is the producer of rare earth materials in the Western Hemisphere. The company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility, the only rare earth mining and processing site of scale in North America. The company is also developing a rare earth metal, alloy, and magnet manufacturing facility in Fort Worth, Texas. The company's operations are organized into two reportable segments: Materials and Magnetics.