Marine Petroleum Trust (Marine Petroleum Trust) Inventories, Work In Process

: $0.00 Mil (As of Dec. 2023)

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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. Marine Petroleum Trust's work in process for the quarter that ended in Dec. 2023 was $0.00 Mil.

Marine Petroleum Trust Inventories, Work In Process Historical Data

The historical data trend for Marine Petroleum Trust'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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Marine Petroleum Trust Annual Data

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Inventories, Work In Process

Marine Petroleum Trust Quarterly Data
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Marine Petroleum Trust 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.

Marine Petroleum Trust (Marine Petroleum Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marine Petroleum Trust (NAS:MARPS) » Definitions » Inventories, Work In Process

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Traded in Other Exchanges

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Address

c/o Corporate Trustee, Argent Trust Company, 3838 Oak Lawn Avenue, Suite 1720, Dallas, TX, USA, 75219

Website

https://www.marps-marine.com

Marine Petroleum Trust is a U.S based royalty trust. It provides administration and liquidation of rights to payments from oil and natural gas leases in the Gulf of Mexico. The Trust's subsidiary holds title to interests in properties which are situated offshore of Louisiana. The revenues of the trust are derived from the oil and natural gas production activities of third parties.