BT Group (LSE:BT.A) Inventories, Work In Process : £0 Mil (As of Sep. 2023)

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What is BT 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. BT Group's work in process for the quarter that ended in Sep. 2023 was £0 Mil.

BT Group Inventories, Work In Process Historical Data

The historical data trend for BT 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.
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BT Group Inventories, Work In Process Chart

BT Group Annual Data

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Inventories, Work In Process

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BT Group Semi-Annual Data
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BT 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.

BT Group (LSE:BT.A) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » BT Group PLC (LSE:BT.A) » Definitions » Inventories, Work In Process

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BTGOF:USA BTl:UK BTQ:Germany

Address

1 Braham Street, London, GBR, E1 8EE

Website

https://www.bt.com

BT Group is the incumbent telecommunications operator in the U.K. It is the owner of Openreach, the largest fixed-line network in the U.K. Openreach operates as a separate entity due to regulatory requirements but is still 100% owned by BT. Since 2020, Openreach has accelerated its fiber investments and expects to have 90% of the U.K. covered with FTTH by 2026. In the consumer division, BT has approximately 30% market share in broadband and mobile services. The enterprise segment serves large corporations while the global services division provides communications consultancy services.

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