Kumho Petro Chemical (XKRX:011780) Inventories, Work In Process : ₩78,213 Mil (As of Dec. 2023)

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What is Kumho Petro Chemical 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. Kumho Petro Chemical's work in process for the quarter that ended in Dec. 2023 was ₩78,213 Mil.

Kumho Petro Chemical Inventories, Work In Process Historical Data

The historical data trend for Kumho Petro Chemical'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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Kumho Petro Chemical Inventories, Work In Process Chart

Kumho Petro Chemical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

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Dec22

Dec23

Inventories, Work In Process

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65,550.00

59,050.00

78,102.00

70,577.00

78,213.00

Kumho Petro Chemical Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventories, Work In Process	Get a 7-Day Free Trial															70,577.00	105,345.00	82,425.00	64,522.00	78,213.00

Kumho Petro Chemical 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.

Kumho Petro Chemical (XKRX:011780) Business Description

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011785:Korea

Address

21/24F Kumho Asiana Main Tower 115, Sinmunno 1-ga, Jongno-gu, Seoul, KOR, 110-061

Website

http://www.kkpc.com

Kumho Petro Chemical Ltd is a manufacturer of synthetic rubbers, and does business in synthetic resins, specialty chemicals, electronic materials, nanocarbon, energy, and building materials. The synthetic rubber business constitutes the largest portion of the company's revenue, and its products are applied to tires, shoes, auto parts, and other industrial applications. Kumho's main customers, under the rubber segment, are global tire manufacturers. Second to the rubber business in revenue, the synthetic resins business manufactures products used in auto parts, home appliances, beverage containers, and a host of other products. The company's revenue is largely derived from international exports, but the remainder of sales are executed in Korea.

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