Team (FRA:T9CA) Inventories, Work In Process : €2.3 Mil (As of Mar. 2024)

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What is Team 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. Team's work in process for the quarter that ended in Mar. 2024 was €2.3 Mil.

Team Inventories, Work In Process Historical Data

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

Team Annual Data

Trend

May14

May15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventories, Work In Process

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2.57

2.38

2.41

2.78

2.13

Team 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															2.72	2.54	2.80	2.13	2.35

Team 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.

Team (FRA:T9CA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Team Inc (FRA:T9CA) » Definitions » Inventories, Work In Process

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Traded in Other Exchanges

TISI:USA T9CA:Germany

Address

13131 Dairy Ashford, Suite 600, Sugar Land, TX, USA, 77478

Website

https://www.teaminc.com

Team Inc is a provider of specialty industrial services, including inspection, engineering assessment and mechanical repair and remediation required in maintaining high temperature and high-pressure piping systems and vessels that are utilized in refining, petrochemical, and others. The company operates in two segments namely Inspection and Heat Treating Group and Mechanical Services Group. Inspection and Heat Treating Group provides non-destructive testing services for the process, pipeline and power sectors and others. The Mechanical Services Group provides call-out and turnaround services under both on-stream and shut down circumstances.

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