Woodside Energy Group (Woodside Energy Group) Inventories, Work In Process : $0 Mil (As of Dec. 2023)

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What is Woodside Energy Group 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. Woodside Energy Group's work in process for the quarter that ended in Dec. 2023 was $0 Mil.

Woodside Energy Group Inventories, Work In Process Historical Data

The historical data trend for Woodside Energy Group'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.
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Woodside Energy Group Inventories, Work In Process Chart

Woodside Energy Group Annual Data

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Inventories, Work In Process

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Woodside Energy Group Semi-Annual Data
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Woodside Energy Group 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.

Woodside Energy Group (Woodside Energy Group) Business Description

Industry

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Address

11 Mount Street, Mia Yellagonga, Perth, WA, AUS, 6000

Website

https://www.woodside.com.au

Incorporated in 1954 and named after the small Victorian town of Woodside, Woodside's early exploration focus moved from Victoria's Gippsland Basin to Western Australia's Carnarvon Basin. First LNG production from the North West Shelf came in 1984. BHP Billiton and Shell each had 40% shareholdings before BHP sold out in 1994 and Shell sold down to 34%. In 2010, Shell further decreased its shareholding to 24%. Woodside has the potential to become the most LNG-leveraged company globally.