Optec International (Optec International) Inventories, Work In Process : $0.00 Mil (As of Dec. 2018)

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What is Optec International 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. Optec International's work in process for the quarter that ended in Dec. 2018 was $0.00 Mil.

Optec International Inventories, Work In Process Historical Data

The historical data trend for Optec International'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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Optec International Inventories, Work In Process Chart

Optec International Annual Data

Trend

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Inventories, Work In Process

Optec International Quarterly Data
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Optec International 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.

Optec International (Optec International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Optec International Inc (OTCPK:OPTI) » Definitions » Inventories, Work In Process

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Address

1385 Park Center Drive, Vista, CA, USA, 92081

Website

https://www.optecintl.com

Optec International Inc is a provider of green technologies for continued reduction of fossil fuel usage, pollution and greenhouse gas emissions. It is engaged in the distribution of Green technologies, the OPTEC Fuel Maximizer and the OPTEC Led Solar lighting systems. The company is also involved in the distribution of Optec UV-C technology Solutions, PPE and related healthcare products. Its OPTEC Fuel Maximizer products is a patented plug-in-play aftermarket automotive device.