Work in progress items (i.e., the construction of a new warehouse or specialized piece of equipment) may be very specific to a company and hold little to no value to other market participants.

The CL-32 is a work-in-progress pocket-sized PC that combines modern hardware with classic design inspired by systems from the 1980s like the TRS-80 Pocket Computer.. While some details haven’t ...

A work in progress refers to a task or project that is still in production. As such, it hasn't been completed yet. Companies record WIP costs on their balance sheets under the current assets section.