Vectus Biosystems (ASX:VBS) Inventories, Work In Process : A$0.00 Mil (As of Dec. 2023)

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What is Vectus Biosystems 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. Vectus Biosystems's work in process for the quarter that ended in Dec. 2023 was A$0.00 Mil.

Vectus Biosystems Inventories, Work In Process Historical Data

The historical data trend for Vectus Biosystems'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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Vectus Biosystems Inventories, Work In Process Chart

Vectus Biosystems Annual Data

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Inventories, Work In Process

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Vectus Biosystems Semi-Annual Data
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Vectus Biosystems 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.

Vectus Biosystems (ASX:VBS) Business Description

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Address

3-11 Primrose Avenue, Rosebery, Sydney, NSW, AUS, 2018

Website

https://www.vectusbiosystems.com.au

Vectus Biosystems Ltd is an emerging biotechnology company based in Sydney, Australia. The company is in the process of developing a treatment for fibrosis and high blood pressure, which includes heart, kidney, and liver diseases. The company has also developed a technology aimed at improving the speed and accuracy of measuring the amount of DNA and RNA in samples tested in laboratories.

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