NTN (STU:NTN) Inventories, Work In Process : €399 Mil (As of Mar. 2024)

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What is NTN 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. NTN's work in process for the quarter that ended in Mar. 2024 was €399 Mil.

NTN Inventories, Work In Process Historical Data

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

NTN Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventories, Work In Process

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411.26

375.57

428.35

435.02

399.43

NTN Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventories, Work In Process	Get a 7-Day Free Trial															435.02	431.59	415.89	423.42	399.43

NTN 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.

NTN (STU:NTN) Business Description

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6472:Japan

Address

3-17, 1-chome, Kyomachibori, Nishi-ku, Osaka, JPN, 550-0003

Website

http://www.ntn.co.jp

NTN Corp is a Japan-based company that manufactures and sells bearings, constant velocity joints, precision equipment, aftermarket parts, and other mechanical parts. The company's products are used in a wide range of applications, including automobile, electric vehicle, rolling stock, wind turbine, construction and mining machinery, agricultural machinery, machine tools, office equipment, steel manufacturing machinery, paper manufacturing machinery, food machinery, medical equipment, aerospace, and robots. The company has a global presence, with Japan, the Americas, and Europe the three largest markets for the company.