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

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

Avnet Inventories, Work In Process Historical Data

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

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Avnet Inventories, Work In Process Chart

Avnet Annual Data

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Inventories, Work In Process

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Avnet Quarterly Data
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Avnet 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.

Avnet (FRA:VNI) Business Description

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AVT:USA

Address

2211 South 47th Street, Phoenix, AZ, USA, 85034

Website

https://www.avnet.com

Avnet Inc is a global distributor of electronic components, connecting suppliers of semiconductors and other components to a base of 2.1 million small- and mid-sized customers in 140 countries. Avnet is the third largest semiconductor distributor in the world, and the largest for European chip distribution. Avnet services all levels of electronics design and development, servicing engineers with design tools, test kits, and services alongside its high-volume distribution for final designs.

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