PH (Parker Hannifin) Inventories, Work In Process : $1,461 Mil (As of Dec. 2024)

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What is Parker Hannifin 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. Parker Hannifin's work in process for the quarter that ended in Dec. 2024 was $1,461 Mil.

Parker Hannifin Inventories, Work In Process Historical Data

The historical data trend for Parker Hannifin'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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Parker Hannifin Inventories, Work In Process Chart

Parker Hannifin Annual Data

Trend

Jun15

Jun16

Jun17

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Jun21

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Jun24

Inventories, Work In Process

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988.56

1,089.98

1,128.50

1,488.67

1,421.10

Parker Hannifin Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventories, Work In Process	Get a 7-Day Free Trial															1,580.29	1,526.11	1,421.10	1,494.51	1,461.23

Parker Hannifin 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.

Parker Hannifin Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

PH:Mexico 1PH:Italy 0KFZ:UK PAR:Germany P1HC34:Brazil PH:Austria

Address

6035 Parkland Boulevard, Cleveland, OH, USA, 44124-4141

Website

https://www.parker.com

Parker Hannifin started out in 1917 as Parker Appliance, selling pneumatic brakes. Through the acquisition of branded components, the firm has expanded into aerospace engines, agricultural and construction machinery, freight and passenger vehicles, and industrial automation equipment. Within these larger systems, Parker sells a wide array of small, critical pieces such as hydraulic, electromechanical, climate control, and filtration components. Many of its products are designed to work together, resulting in a high rate of cross-selling.

Executives

Joseph Scaminace	director	C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE N W, CLEVELAND OH 44115
Berend Bracht	officer: VP & Pres.-Motion Systems Grp.	6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Dinu J Parel	officer: VP - Chief Information Officer	6035 PARKLAND BOULEVARD, CLEVELAND OH 44124-4141
Thomas C Gentile	officer: VP-Global Supply Chain	C/O PARKER-HANNIFIN CORPORATION, 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Jennifer A Parmentier	officer: VP, Pres-Engineered Materials	6035 PARKLAND BLVD, CLEVELAND OH 44124
Robert W Malone	officer: VP, President--Filtration Grp	6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Andrew D Ross	officer: VP and President - Seal Group	6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Mark J Hart	officer: EVP - HR & External Affairs	6035 PARKLAND BLVD, CLEVELAND OH 44124
James Verrier	director	3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Angela R Ives	officer: Vice President and Controller	PARKER-HANNIFIN CORPORATION, 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Joseph R Leonti	officer: VP, General Counsel, Secretary	6035 PARKLAND BLVD, CLEVELAND OH 44124
Rachid Bendali	officer: VP & Pres.- Eng. Mat. Grp.	6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Mark T Czaja	officer: VP-Chief Technology & Innov.	PARKER-HANNIFIN CORPORATION, 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Denise R. Fleming	director	6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Todd M. Leombruno	officer: VP & Controller	C/O PARKER-HANNIFIN CORPORATION, 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124