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Torque Metals (ASX:TOR) Inventories, Work In Process : A$0.00 Mil (As of Dec. 2023)


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What is Torque Metals 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. Torque Metals's work in process for the quarter that ended in Dec. 2023 was A$0.00 Mil.

Torque Metals Inventories, Work In Process Historical Data

The historical data trend for Torque Metals'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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Torque Metals Inventories, Work In Process Chart

Torque Metals Annual Data
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Torque Metals Semi-Annual Data
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Torque Metals 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.

Torque Metals (ASX:TOR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Torque Metals Ltd (ASX:TOR) » Definitions » Inventories, Work In Process
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Traded in Other Exchanges
N/A
Address
16 - 18 Nicholson Road, Unit 8, Subiaco, WA, AUS, 6008
Website
https://www.torquemetals.com
Torque Metals Ltd is a smart exploration company with a discovery methodology, combining drilling results with machine learning algorithms and geological interpretation. The company has three projects namely; New Dawn Lithium Project, Bullfinch Gold Project, and Paris Gold Project. The Company operates in one segment being exploration in Western Australia, Australia.

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