Hoegh LNG Partners LP (Hoegh LNG Partners LP) Inventories, Work In Process : $0.0 Mil (As of Sep. 2022)

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What is Hoegh LNG Partners LP 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. Hoegh LNG Partners LP's work in process for the quarter that ended in Sep. 2022 was $0.0 Mil.

Hoegh LNG Partners LP Inventories, Work In Process Historical Data

The historical data trend for Hoegh LNG Partners LP'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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Hoegh LNG Partners LP Inventories, Work In Process Chart

Hoegh LNG Partners LP Annual Data

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Hoegh LNG Partners LP Quarterly Data
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Hoegh LNG Partners LP 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.

Hoegh LNG Partners LP (Hoegh LNG Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hoegh LNG Partners LP (NYSE:HMLP) » Definitions » Inventories, Work In Process

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Traded in Other Exchanges

HMLPF.PFD:USA

Address

22 Victoria Street, Canon's Court, Hamilton, BMU, HM 12

Website

https://www.hoeghlngpartners.com

Hoegh LNG Partners LP own and operate floating storage and regasification units (FSRUs), under long-term charters. The company's primary business objective is making accretive acquisitions of FSRUs, LNG carriers and other LNG infrastructure assets with long-term charters. It has two segments, which are the Majority held FSRUs and the Joint venture FSRUs. The Majority held FSRUs segment is a key revenue driver which includes the direct financing lease related to the PT Perusahaan Gas Negara (Persero) Tbk (PGN) FSRU Lampung and the operating lease-related to the Hoegh Gallant. The Joint venture FSRUs segment includes approximately two FSRUs, including the GDF Suez LNG Supply S.A. (GDF Suez) Neptune and the GDF Suez Cape Ann, which operate under long-term time charters.