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Lynch Group Holdings (ASX:LGL) Inventories, Work In Process : A$0.0 Mil (As of Dec. 2024)


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What is Lynch Group Holdings 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. Lynch Group Holdings's work in process for the quarter that ended in Dec. 2024 was A$0.0 Mil.


Lynch Group Holdings Inventories, Work In Process Historical Data

The historical data trend for Lynch Group Holdings'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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Lynch Group Holdings Inventories, Work In Process Chart

Lynch Group Holdings Annual Data
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Lynch Group Holdings 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.


Lynch Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
8b Williamson Road, Ingleburn, Sydney, NSW, AUS, 2565
Lynch Group Holdings Ltd is a vertically integrated wholesale floral company whose farms cover the entire process of planting, growing, merchandising, and selling flowers and potted plants to supermarket chains and commercial outlets throughout Australia and China. The Group is organized into two operating segments Australia, which operates a vertically integrated production farm and wholesale operation in Australia; and China segment, which segment operates a production farm and distribution operation in China, supplying the domestic China market as well as the Australian segment. The company generates the majority of its revenue from the Australia segment.