Xinjiang Ba Yi Iron & Steel Co (SHSE:600581) Inventories, Work In Process : ¥855 Mil (As of Dec. 2023)

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What is Xinjiang Ba Yi Iron & Steel Co 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. Xinjiang Ba Yi Iron & Steel Co's work in process for the quarter that ended in Dec. 2023 was ¥855 Mil.

Xinjiang Ba Yi Iron & Steel Co Inventories, Work In Process Historical Data

The historical data trend for Xinjiang Ba Yi Iron & Steel Co'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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Xinjiang Ba Yi Iron & Steel Co Inventories, Work In Process Chart

Xinjiang Ba Yi Iron & Steel Co Annual Data

Trend

Dec14

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Dec23

Inventories, Work In Process

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689.42

890.68

1,407.16

1,250.70

854.82

Xinjiang Ba Yi Iron & Steel Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventories, Work In Process	Get a 7-Day Free Trial															1,250.70	-	1,189.96	-	854.82

Xinjiang Ba Yi Iron & Steel Co 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.

Xinjiang Ba Yi Iron & Steel Co (SHSE:600581) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Xinjiang Ba Yi Iron & Steel Co Ltd (SHSE:600581) » Definitions » Inventories, Work In Process

Traded in Other Exchanges

N/A

Address

Xingang Road, Toutunhe District, Urumqi, Xinjiang, CHN, 830022

Website

http://www.bygt.com.cn

Xinjiang Ba Yi Iron & Steel Co Ltd is a Chinese company operating in the ferrous metal smelting and rolling processing industry. It comprises a set of production processes ranging from mining, mineral separation, sintering and coking to ironmaking, steelmaking, and steel rolling. The company's product folio includes Carbon steel products such as bars, heavy plate, HR steel sheet, wire rod, pipe tubes, Stainless steel products, Special steel products like die steel products, bearing steel, transportation steel, alloys for aviation and aerospace, and other products.

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