ON Semiconductor (LTS:0KC4) Inventories, Work In Process : $1,307 Mil (As of Mar. 2024)

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What is ON Semiconductor 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. ON Semiconductor's work in process for the quarter that ended in Mar. 2024 was $1,307 Mil.

ON Semiconductor Inventories, Work In Process Historical Data

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

ON Semiconductor Annual Data

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Inventories, Work In Process

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772.90

829.70

888.90

951.00

1,221.10

ON Semiconductor 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															1,053.50	1,177.90	1,224.50	1,221.10	1,306.60

ON Semiconductor 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.

ON Semiconductor (LTS:0KC4) Business Description

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Address

5005 East McDowell Road, Phoenix, AZ, USA, 85008

Website

https://www.onsemi.com

Onsemi is a supplier of power semiconductors and sensors focused on the automotive and industrial markets. Onsemi is the second-largest power chipmaker in the world and the largest supplier of image sensors to the automotive market. While the firm used to be highly vertically integrated, it now pursues a hybrid manufacturing strategy for flexible capacity. Onsemi is pivoting to focus on emerging applications like electric vehicles, autonomous vehicles, industrial automation, and renewable energy.

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