TDK (FRA:TDK) Inventories, Work In Process : €0 Mil (As of Mar. 2024)

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What is TDK 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. TDK's work in process for the quarter that ended in Mar. 2024 was €0 Mil.

TDK Inventories, Work In Process Historical Data

The historical data trend for TDK's Inventories, Work In Process can be seen below:

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TDK Inventories, Work In Process Chart

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Inventories, Work In Process

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TDK 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.

TDK (FRA:TDK) Business Description

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TTDKY:USA TTDKF:USA 6762:Japan

Address

Shibaura Renasite Tower, 3-9-1 Shibaura, Minato-ku, Tokyo, JPN

Website

http://www.tdk.co.jp

Founded in 1935, TDK has its origin in magnetic materials, being the first company to commercialize ferrite in the world, and it used to be known as one of the major cassette-tape manufacturers. TDK is now the only external supplier for magnetic recording heads for hard disk drives, and the company intends to expand its magnetic sensor business for handsets and automobiles by leveraging its expertise. It is also one of the global top suppliers of passive components for autos and polymer rechargeable batteries for smartphones. The company acquired InvenSense in 2017, making it one of the largest MEMS sensor companies in the world.

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