Samarkand Group (AQSE:SMK) Inventories, Work In Process : £0.00 Mil (As of Sep. 2023)

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What is Samarkand 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. Samarkand Group's work in process for the quarter that ended in Sep. 2023 was £0.00 Mil.

Samarkand Group Inventories, Work In Process Historical Data

The historical data trend for Samarkand Group's Inventories, Work In Process can be seen below:

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Samarkand Group Inventories, Work In Process Chart

Samarkand Group Annual Data

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Inventories, Work In Process

Samarkand Group Semi-Annual Data
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Samarkand 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.

Samarkand Group (AQSE:SMK) Business Description

Industry

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Address

The Path, Unit 13 and 14 Nelson Trading Estate, Merton, London, GBR, SW19 3BL

Website

https://www.samarkand.global

Samarkand Group PLC is the cross-border eCommerce technology and retail group focusing on connecting Western Brands with China. It has developed a proprietary software platform, the Nomad, which is integrated across eCommerce platforms, payments, logistics, social media, and customs. The core products include Nomad Checkout, Nomad Storefront, and Nomad Distribution. The Group has one reportable segment with three revenue streams, being Brand Ownership, Nomad Technology, and Distribution business units engaged in the B2B and B2C sale of products and eCommerce technology solutions for Western brands and retailers selling in China. Its revenues are mainly generated in the UK, China, and the Rest of the World.

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