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VeriFone Systems (FRA:VF2) Inventories, Work In Process : €1 Mil (As of Apr. 2018)


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What is VeriFone Systems 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. VeriFone Systems's work in process for the quarter that ended in Apr. 2018 was €1 Mil.


VeriFone Systems Inventories, Work In Process Historical Data

The historical data trend for VeriFone Systems'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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VeriFone Systems Inventories, Work In Process Chart

VeriFone Systems Annual Data
Trend Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 1.31 2.31 3.53 0.83

VeriFone Systems Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18
Inventories, Work In Process Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.83 0.48 0.83 0.86 0.66

VeriFone Systems 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.


VeriFone Systems (FRA:VF2) Business Description

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Verifone sells hardware and complementary software and services that enable merchants to accept electronic payments at the point of sale. Its offerings are used in the retail, gas station, restaurant, and taxi environments, among others. The Verifone Systems segment sells devices and basic payment and security software. The Verifone Services segment provides "payments as a service"--longer-term leasing, support, and other payment-related services.

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