Texton Property Fund (JSE:TEX) Inventories, Work In Process : R0.0 Mil (As of Dec. 2023)

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What is Texton Property Fund 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. Texton Property Fund's work in process for the quarter that ended in Dec. 2023 was R0.0 Mil.

Texton Property Fund Inventories, Work In Process Historical Data

The historical data trend for Texton Property Fund's Inventories, Work In Process can be seen below:

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Texton Property Fund Inventories, Work In Process Chart

Texton Property Fund Annual Data

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Inventories, Work In Process

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Texton Property Fund Semi-Annual Data
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Texton Property Fund 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.

Texton Property Fund (JSE:TEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Texton Property Fund Ltd (JSE:TEX) » Definitions » Inventories, Work In Process

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Traded in Other Exchanges

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Address

151 Katherine Street, Block D, Vunani Office Park, Sandton, Johannesburg, GT, ZAF, 2031

Website

https://www.texton.co.za

Texton Property Fund Ltd is a property investment fund. It invests directly in income-producing office properties that offer attractive income and capital appreciation. The overall objective of the fund is to grow its asset base, by investing in well priced, income and quality enhancing investment properties, to optimize returns over time for shareholders. It holds an interest in properties such as Alrode industrial park, Babcock House, Bawtry 270, Belvedere place, Bonmarche and Poundland, Bryanston gate office park, and many others. The Group has three reportable segments: SA direct property, UK direct property, and international investments. Direct property investments are split into office, retail and industrial.