Summit Materials (FRA:7SU) Inventories, Work In Process : €21 Mil (As of Mar. 2024)

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What is Summit Materials 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. Summit Materials's work in process for the quarter that ended in Mar. 2024 was €21 Mil.

Summit Materials Inventories, Work In Process Historical Data

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

Summit Materials Annual Data

Trend

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Dec23

Inventories, Work In Process

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6.90

7.63

7.33

7.73

9.81

Summit Materials 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															7.24	9.05	10.51	9.81	20.71

Summit Materials 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.

Summit Materials (FRA:7SU) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Summit Materials Inc (FRA:7SU) » Definitions » Inventories, Work In Process

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SUM:USA

Address

1801 California Street, Suite 3500, Denver, CO, USA, 80202

Website

https://www.summit-materials.com

Summit Materials Inc is an aggregates supplier and cement producer in the United States. The company sells products that include aggregates, which it supplies across the United States, and in British Columbia, Canada, and cement, which it supplies to surrounding states along the Mississippi River from Minnesota to Louisiana. In addition to supplying aggregates to customers, the company uses a portion of its materials internally to produce ready-mix concrete and asphalt paving mix, which may be sold externally or used in its paving and related services businesses. The company operates in 22 U.S. states and in British Columbia, Canada and has assets in 21 U.S. states and in British Columbia, Canada through their platforms.

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