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Novolipetsk Steel PJSC (Novolipetsk Steel PJSC) Inventories, Work In Process : $791 Mil (As of Dec. 2021)


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What is Novolipetsk Steel PJSC 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. Novolipetsk Steel PJSC's work in process for the quarter that ended in Dec. 2021 was $791 Mil.

Novolipetsk Steel PJSC Inventories, Work In Process Historical Data

The historical data trend for Novolipetsk Steel PJSC'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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Novolipetsk Steel PJSC Inventories, Work In Process Chart

Novolipetsk Steel PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 603.00 504.00 383.00 298.00 791.00

Novolipetsk Steel PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 298.00 - - 613.00 791.00

Novolipetsk Steel PJSC 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.

Novolipetsk Steel PJSC (Novolipetsk Steel PJSC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Novolipetsk Steel PJSC (OTCPK:NISQY) » Definitions » Inventories, Work In Process
Comparable Companies
LSE:ZIOC LSE:FXPO NUE BOM:500228 XAMS:MT STLD NSE:TATASTEEL SHSE:600019 XKRX:005490 TPE:2002 TSE:5401 RS SZSE:000708 SHSE:600010 BSP:GGBR4 CLF SZSE:002756 TSE:5486 JSE:KIO BOM:532286
Traded in Other Exchanges
N/A
Address
2, Metallurgov Sq., Lipetsk, RUS, 398040
Website
https://www.nlmk.com
Novolipetsk Steel PJSC is a Russia-based steelmaker with production assets located in Russia, Europe, and the United States. The company's metal products are used in various industries, from construction and engineering to the manufacture of power-generating equipment and off shore wind turbines. The company operates through six segments, namely Mining, Russian flat products, Russian long products, NLMK USA, NLMK DanSteel and Plates Distribution Network, and Investments in NBH. Russian flat products for over half of the company's revenue. Russia, Europe, North America, and the Middle East are the four largest markets for the company.

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