Vela Technologies (FRA:IBNN) Inventories, Work In Process : €0.00 Mil (As of Sep. 2023)

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What is Vela Technologies 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. Vela Technologies's work in process for the quarter that ended in Sep. 2023 was €0.00 Mil.

Vela Technologies Inventories, Work In Process Historical Data

The historical data trend for Vela Technologies'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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Vela Technologies Inventories, Work In Process Chart

Vela Technologies Annual Data

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Inventories, Work In Process

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Vela Technologies Semi-Annual Data
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Vela Technologies 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.

Vela Technologies (FRA:IBNN) Business Description

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VELA:UK

Address

Mill Field Road, 15 Victoria Mews, Cottingley Business Park, Bingley, West Yorkshire, GBR, BD16 1PY

Website

http://www.velatechplc.com

Vela Technologies PLC a UK-based investment company based in London which is engaged in acquiring and consolidating holdings in the small and medium-sized enterprise (SME's), which are active in the development of emergent technologies. It operates through a single segment of Investments in the United Kingdom. It mainly focuses on investment in companies which are based in the UK or Europe with the number of opportunities to acquire interests in undervalued or pre-commercialization technologies and companies. The company seeks to deliver consistent growth, performance, and strong returns to shareholders by building a diverse portfolio of pre-IPO technology investments.

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