SIT SpA (MIL:SIT) Inventories, Work In Process : €18.2 Mil (As of Dec. 2023)

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What is SIT 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. SIT SpA's work in process for the quarter that ended in Dec. 2023 was €18.2 Mil.

SIT SpA Inventories, Work In Process Historical Data

The historical data trend for SIT 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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SIT SpA Inventories, Work In Process Chart

SIT SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventories, Work In Process

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9.07

9.84

15.82

17.20

18.24

SIT SpA Semi-Annual Data
	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventories, Work In Process	Get a 7-Day Free Trial										15.82	20.49	17.20	18.65	18.24

SIT 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.

SIT SpA (MIL:SIT) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Viale A. Volta, 2, Cusago, Milan, ITA, 20090

Website

http://www.sitspa.it

SIT SpA is engaged in the manufacture of industrial products. The company products include timing belt drives, polyurethane belt drives, V-belt drives, POLY-V belt drives, flat belt drives, chain drives, couplings, locking devices, bearing units and rod ends, antivibration mounts, and electronic equipment, motor bases, tensioners, and TEN-SIT. The company exports its products to Spain, France, Germany, Switzerland, the USA, and China.

SIT SpA (MIL:SIT) Headlines

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