Asbury Automotive Group (STU:AWG) Inventories, Work In Process : €0 Mil (As of Sep. 2024)

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What is Asbury Automotive Group 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. Asbury Automotive Group's work in process for the quarter that ended in Sep. 2024 was €0 Mil.

Asbury Automotive Group Inventories, Work In Process Historical Data

The historical data trend for Asbury Automotive Group's Inventories, Work In Process can be seen below:

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Asbury Automotive Group Inventories, Work In Process Chart

Asbury Automotive Group Annual Data

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Inventories, Work In Process

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Asbury Automotive Group Quarterly Data
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Asbury Automotive Group 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.

Asbury Automotive Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Asbury Automotive Group Inc (STU:AWG) » Definitions » Inventories, Work In Process

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ABG:USA

Address

2905 Premiere Parkway NW, Suite 300, Duluth, GA, USA, 30097

Website

https://www.asburyauto.com

Asbury Automotive Group is a regional collection of automobile dealerships that went public in March 2002. The company operates 155 new-vehicle stores and 37 collision centers. Over 70% of new-vehicle revenue is from luxury and import brands. Asbury also offers third-party financing and insurance products and its own F&I products via Total Care Auto. Asbury operates in 15 states (mostly Texas, the West, the Mid-Atlantic, and the Southeast). Asbury store brands include McDavid and Park Place in Texas, Koons in the Washington, D.C. area, and the Larry H. Miller brand in the Western US. Asbury generated $14.8 billion of revenue in 2023 and is based in the Atlanta area. The firm targets at least $30 billion of revenue sometime between 2025 and 2030.

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