Global Petroleum (FRA:GLK) Inventories, Work In Process : €0.00 Mil (As of Dec. 2023)

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What is Global Petroleum 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. Global Petroleum's work in process for the quarter that ended in Dec. 2023 was €0.00 Mil.

Global Petroleum Inventories, Work In Process Historical Data

The historical data trend for Global Petroleum'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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Global Petroleum Inventories, Work In Process Chart

Global Petroleum Annual Data

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Inventories, Work In Process

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Global Petroleum Semi-Annual Data
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Global Petroleum 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.

Global Petroleum (FRA:GLK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Global Petroleum Ltd (FRA:GLK) » Definitions » Inventories, Work In Process

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Traded in Other Exchanges

GBP:UK

Address

C/- DW Accounting & Advisory Pty Ltd, 91 William Street, Level 4, Melbourne, VIC, AUS, 3000

Website

https://www.globalpetroleum.com.au

Global Petroleum Ltd is an Australia-based oil and gas, upstream exploration company. The principal activities of the company include exploration, development, and production of oil and gas properties. The company's principal assets are two exploration blocks located offshore Namibia. The company mainly focuses on Africa and the Mediterranean. It holds interests in petroleum exploration license number 29, covering offshore blocks 1910B and 2010A in the Walvis Basin, Namibia.

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