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Bytes Technology Group (LSE:BYIT) Inventories, Work In Process : £0.0 Mil (As of Feb. 2024)


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What is Bytes Technology Group 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. Bytes Technology Group's work in process for the quarter that ended in Feb. 2024 was £0.0 Mil.


Bytes Technology Group Inventories, Work In Process Historical Data

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

Bytes Technology Group Annual Data
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Bytes Technology Group Semi-Annual Data
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Bytes Technology Group 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.


Bytes Technology Group (LSE:BYIT) Business Description

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Address
Randalls Way, Bytes House, Leatherhead, Surrey, GBR, KT22 7TW
Bytes Technology Group PLC provides IT solutions and services, offering software, hardware and cloud services. It enables effective and cost-efficient technology sourcing, adoption and management across software, security and cloud services. The company's brands include Bytes Software Services (BSS) and Phoenix Software. It generates a majority of its revenue from Software.

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