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Ocado Group (Ocado Group) Inventories, Work In Process : $0 Mil (As of Nov. 2023)


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What is Ocado 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. Ocado Group's work in process for the quarter that ended in Nov. 2023 was $0 Mil.


Ocado Group Inventories, Work In Process Historical Data

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

Ocado Group Annual Data
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Inventories, Work In Process
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Ocado Group Semi-Annual Data
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Ocado 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.


Ocado Group (Ocado Group) Business Description

Traded in Other Exchanges
Address
Mosquito Way, Buildings One and Two Trident Place, Hatfield Business Park, Hatfield, Hertfordshire, GBR, AL10 9UL
Ocado, one of the largest pure online grocers in the world, operates in two divisions. Ocado Retail is the group's online grocery business in the United Kingdom (joint venture with Marks & Spencer); it offers an extensive product range of over 55,000 items via its Ocado.com website and holds more than 15% of the U.K. online grocery market and approximately 2% of the total U.K. grocery market. Ocado Solutions is built on the Ocado Smart Platform, a modular, automated online retail fulfilment and delivery solution that involves the provision of software, fulfilment infrastructure, and support services to corporate clients for a variety of one-time and ongoing costs. OSP has allowed the company to work with some of the world's largest grocers, including Ocado's retail operation.

Ocado Group (Ocado Group) Headlines