What is RAL's work in process?

RAL (RAL) reported work in process of $133.1M in Q1 2026.

What does work in process mean?

This represents the value of goods that are currently in the production phase but have not yet reached completion. It includes the cost of raw materials, labor, and overhead allocated to these unfinished units. Monitoring this helps assess the efficiency of the manufacturing cycle and the flow of production.

RAL RAL Work in process

Work in process at other companies

AmetekAME

$191.67M+0.9%

Teradyne, Inc.TER

——

Teledyne TechnologiesTDY

——

SPX TechnologiesSPXC

——

Element SolutionsESI

——

SemtechSMTC

——

Other financials

Income statement

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Revenue$534.6M+11.0%

Gross profit$272.3M+11.9%

Operating income$68.1M-7.7%

Net income$44.2M-30.8%

EPS (diluted)$0.39-31.6%

Balance sheet

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Cash & equivalents$268.0M—

Total debt$1.2B—

Total equity$1.6B-59.3%

Total assets$3.7B—

Cash flow

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Operating cash flow$19.1M-73.5%

CapEx$8.7M+55.4%

Free cash flow$10.4M-84.3%

Valuation

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Market cap$7.63B—

Enterprise value$8.59B—

P/S3.6×—

Profitability

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Gross margin50.4%-1.1pp

Operating margin-56%-74.8pp

Net margin-58.6%-73.0pp

FCF margin14.3%—

Returns & leverage

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Return on equity-45.9%-53.6pp

Debt / equity0.8×—

Current ratio1.6×—

Where this comes from

Reported directly by RAL in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessNetOfReserves.

The official record: RAL’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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What is RAL's work in process?: RAL (RAL) reported work in process of $133.1M in Q1 2026.
What does work in process mean?: This represents the value of goods that are currently in the production phase but have not yet reached completion. It includes the cost of raw materials, labor, and overhead allocated to these unfinished units. Monitoring this helps assess the efficiency of the manufacturing cycle and the flow of production.