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MTU Aero Engines AG (XTER:MTX) Inventories, Work In Process : €552 Mil (As of Dec. 2023)


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What is MTU Aero Engines AG 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. MTU Aero Engines AG's work in process for the quarter that ended in Dec. 2023 was €552 Mil.

MTU Aero Engines AG Inventories, Work In Process Historical Data

The historical data trend for MTU Aero Engines AG'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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MTU Aero Engines AG Inventories, Work In Process Chart

MTU Aero Engines AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 455.00 429.00 479.00 501.00 552.00

MTU Aero Engines AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 479.00 492.00 501.00 551.00 552.00

MTU Aero Engines AG 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.

MTU Aero Engines AG (XTER:MTX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » MTU Aero Engines AG (XTER:MTX) » Definitions » Inventories, Work In Process
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Traded in Other Exchanges
MTUAY:USA MTUAF:USA 1MTX:Italy MTXd:UK 0FC9:UK MTX1:Germany MTX1:Germany MTX:Germany MTX:Germany MTX:Germany MTX:Austria
Address
Dachauer Strasse 665, Munich, BY, DEU, 80995
Website
https://www.mtu.de
MTU Aero Engines specializes in the development and production of commercial and military aircraft engine components and spare parts. It also performs maintenance, repair, and overhaul services for aircraft engines. More than 30% of commercial aircraft have MTU technology on board. MTU is also a major assembler of aircraft engines. The commercial and military engine segment develops and manufactures engine components for new engine production and spare parts for the aftermarket. The commercial maintenance business reports MTU's MRO services.
Executives
Dr. Silke Maurer Board of Directors
Peter Kameritsch Board of Directors
Michael Schreyoegg Board of Directors
Thomas Dautl Supervisory Board
Dr. Rainer Martens Supervisory Board