MIND Technology (FRA:MI70) Inventories, Work In Process : €3.41 Mil (As of Jan. 2024)

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What is MIND Technology 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. MIND Technology's work in process for the quarter that ended in Jan. 2024 was €3.41 Mil.

MIND Technology Inventories, Work In Process Historical Data

The historical data trend for MIND Technology'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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MIND Technology Inventories, Work In Process Chart

MIND Technology Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Inventories, Work In Process

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2.45

2.01

3.15

2.51

3.41

MIND Technology Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventories, Work In Process	Get a 7-Day Free Trial															2.51	3.72	4.41	3.43	3.41

MIND Technology 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.

MIND Technology (FRA:MI70) Business Description

Industry

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MINDP.PFD:USA MIND:USA

Address

2002 Timberloch Place, Suite 550, The Woodlands, TX, USA, 77380

Website

https://www.mind-technology.com

MIND Technology Inc provides technology and solutions for exploration, survey, and defense applications in oceanographic, hydrographic, defense, seismic, and security industries. The Company operates in segments namely, Seamap Marine Products and Klein Marine Products helps manufacture and sell specialized, high-performance sonar and seismic equipment. The company generates more revenue from Seamap Marine Products. The company's geographical segments include the United States; Europe, Russia & CIS; Middle East & Africa; Asia-Pacific; and Canada & Latin America.

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