Subsea 7 (OSL:SUBC) Inventories, Work In Process : kr0 Mil (As of Dec. 2023)

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What is Subsea 7 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. Subsea 7's work in process for the quarter that ended in Dec. 2023 was kr0 Mil.

Subsea 7 Inventories, Work In Process Historical Data

The historical data trend for Subsea 7'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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Subsea 7 Inventories, Work In Process Chart

Subsea 7 Annual Data

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Inventories, Work In Process

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Subsea 7 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.

Subsea 7 (OSL:SUBC) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Subsea 7 SA (OSL:SUBC) » Definitions » Inventories, Work In Process

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SUBCY:USA ACGYF:USA SUBCo:Sweden SUBCo:UK 0OGK:UK SOC:Germany

Address

40 Brighton Road, Surrey, Sutton, GBR, SM2 5BN

Website

https://www.subsea7.com

Subsea 7 is one of the largest engineering and construction, or E&C, service providers in the offshore oil and gas industry. It provides a range of services, including subsea umbilicals, risers, and flowlines (SURF), fabrication, installation, maintenance, and heavy lifting, among many others. It's recently begun to develop expertise in renewables, particularly offshore wind farms, which require equipment and expertise similar to offshore oil and gas developments.

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