Saudi Aramco Base Oil Co - Luberef (SAU:2223) Inventories, Work In Process : ﷼260 Mil (As of Dec. 2024)

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What is Saudi Aramco Base Oil Co - Luberef 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. Saudi Aramco Base Oil Co - Luberef's work in process for the quarter that ended in Dec. 2024 was ﷼260 Mil.

Saudi Aramco Base Oil Co - Luberef Inventories, Work In Process Historical Data

The historical data trend for Saudi Aramco Base Oil Co - Luberef'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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Saudi Aramco Base Oil Co - Luberef Inventories, Work In Process Chart

Saudi Aramco Base Oil Co - Luberef Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Inventories, Work In Process

215.48

200.25

200.04

260.17

Saudi Aramco Base Oil Co - Luberef Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventories, Work In Process	Get a 7-Day Free Trial								200.04	-	-	266.43	260.17

Saudi Aramco Base Oil Co - Luberef 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.

Saudi Aramco Base Oil Co - Luberef Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

7168 Al Minaa, P.O. Box 5518, 3072 Petromin District, Jeddah, SAU, 22411

Website

https://www.luberef.com

Saudi Aramco Base Oil Co - Luberef is engaged in constructing, owning, and operating refineries of lubricating oils and in purchasing, selling, transporting, marketing, importing and exporting lubricating oils, additives, lubricating oil blending stocks, byproducts, and other related petroleum products. Geographically, the company operates in the Kingdom of Saudi Arabia, the United Arab Emirates, India, Egypt, Singapore, and Others. The company derives the majority of its revenue from sales of Base oils.

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