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Loar Holdings (Loar Holdings) Inventories, Work In Process : $25.79 Mil (As of Mar. 2024)


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What is Loar Holdings 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. Loar Holdings's work in process for the quarter that ended in Mar. 2024 was $25.79 Mil.

Loar Holdings Inventories, Work In Process Historical Data

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

Loar Holdings Annual Data
Trend Dec22 Dec23
Inventories, Work In Process
20.63 25.39

Loar Holdings Quarterly Data
Dec22 Mar23 Dec23 Mar24
Inventories, Work In Process 20.63 - 25.39 25.79

Loar Holdings 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.

Loar Holdings (Loar Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Loar Holdings Inc (NYSE:LOAR) » Definitions » Inventories, Work In Process
Comparable Companies
Traded in Other Exchanges
N/A
Address
20 New King Street, White Plains, New York, NY, USA, 10604
Website
https://www.loargroup.com
Loar Holdings Inc in the design, manufacture, and sale of niche aerospace and defense components that are essential for today's aircraft and aerospace and defense systems. Its manufactured products includes auto throttles, lap-belt airbags, two- and three-point seat belts, water purification systems, fire barriers, polyimide washers and bushings, latches, hold-open and tie rods, temperature and fluid sensors and switches, carbon and metallic brake discs, fluid and pneumatic-based ice protection, RAM air components, sealing solutions and motion and actuation devices, among others. It operate across ten manufacturing facilities located in the United States, one manufacturing facility in Germany and one manufacturing facility in the United Kingdom (UK).

Loar Holdings (Loar Holdings) Headlines

From GuruFocus

Director M Crow Acquires 71,429 Shares of Loar Holdings Inc (LOAR)

By GuruFocus Research • 04-29-2024