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Porto Aviation Group SpA (MIL:PAG) Inventories, Work In Process : €0.93 Mil (As of Dec. 2023)


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What is Porto Aviation Group SpA 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. Porto Aviation Group SpA's work in process for the quarter that ended in Dec. 2023 was €0.93 Mil.


Porto Aviation Group SpA Inventories, Work In Process Historical Data

The historical data trend for Porto Aviation Group SpA'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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Porto Aviation Group SpA Inventories, Work In Process Chart

Porto Aviation Group SpA Annual Data
Trend Dec21 Dec22 Dec23
Inventories, Work In Process
1.24 1.07 0.93

Porto Aviation Group SpA Semi-Annual Data
Dec21 Dec22 Dec23
Inventories, Work In Process 1.24 1.07 0.93

Porto Aviation Group SpA 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.


Porto Aviation Group SpA (MIL:PAG) Business Description

Traded in Other Exchanges
Address
Via Confalonieri 22, Cremella, Lecco, ITA, 23894
Porto Aviation Group SpA designs, constructs, and markets single-engine aircraft. The group develops an activity of manufacturing aeronautical components, particularly propellers, propeller systems, control systems, wheels, braking systems, hydraulic components, fuel systems, aluminum alloy sections, and tubes.