WLKP (Westlake Chemical Partners LP) Inventories, Work In Process: $0 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WLKP Westlake Chemical Partners LP WLKP
84 GF Score
Price $22.03
GF Value $24.33
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Westlake Chemical Partners LP Inventories, Work In Process?

Westlake Chemical Partners LP WLKP +0.14% 84 Inventories, Work In Process is $0 Mil as of Mar. 2026. GuruFocus rates WLKP with a GF Score™ of 84/100 and a GF Value™ of $24.33 (Fairly Valued). The stock has 6 warning signs investors should review.

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. Westlake Chemical Partners LP's work in process for the quarter that ended in Mar. 2026 was $0 Mil.

Westlake Chemical Partners LP Inventories, Work In Process Historical Data

* Premium members only.

The historical data trend for Westlake Chemical Partners LP'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.

Westlake Chemical Partners LP Inventories, Work In Process Chart

Westlake Chemical Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Westlake Chemical Partners LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventories, Work In Process Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
WLKP
84GF Score
Westlake Chemical Partners LP WLKP
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Westlake Chemical Partners LP 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.

What does a Inventories, Work In Process of $0 Mil mean?
Westlake Chemical Partners LP (WLKP) has a Inventories, Work In Process of $0 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Westlake Chemical Partners LP and its competitors.
Is Westlake Chemical Partners LP's Inventories, Work In Process too high?
Westlake Chemical Partners LP's current Inventories, Work In Process is $0 Mil. Overall, Westlake Chemical Partners LP has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Westlake Chemical Partners LP's Inventories, Work In Process compare to LXU and ASPI?
Westlake Chemical Partners LP's Inventories, Work In Process of $0 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Work In Process for a Chemicals company?
A good Inventories, Work In Process depends on the Chemicals industry context. However, Inventories, Work In Process should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Westlake Chemical Partners LP and its competitors. Westlake Chemical Partners LP's current Inventories, Work In Process is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westlake Chemical Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Westlake Chemical Partners LP (WLKP) is currently considered Fairly Valued. The stock's GF Value™ is $24.33, compared to a current price of $22.03 — trading 9.5% below its estimated fair value. The current Inventories, Work In Process is $0 Mil. Westlake Chemical Partners LP's overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Westlake Chemical Partners LP (WLKP), the current Inventories, Work In Process is $0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Westlake Chemical Partners LP (WLKP) Overvalued in 2026?

Based on GuruFocus' analysis, Westlake Chemical Partners LP stock appears to be undervalued. The current stock price of $22.03 is trading 9.5% below its estimated GF Value™ of $24.33. GuruFocus considers Westlake Chemical Partners LP to be Fairly Valued.

Key valuation signals for WLKP:

  • Inventories, Work In Process: $0 Mil
  • GF Value™: $24.33 vs. price of $22.03 (9.5% below fair value)
  • GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the WLKP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Westlake Chemical Partners LP Business Description

Address 2801 Post Oak Boulevard, Suite 600, Houston, TX, USA, 77056
Westlake Chemical Partners LP is a part of the chemical industry in the United States. Its operations are conducted through OpCo, it acquires and develops ethylene production facilities, which convert ethane into ethylene. OpCo sells ethylene and its co-products, such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen, to Westlake and other customers located in the United States. Its assets include three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana.
84GF Score

Get the complete analysis for WLKP

Inventories, Work In Process is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.03
Price
$24.33
GF Value