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Ningxia Orient Tantalum Industry Co (SZSE:000962) Inventories, Work In Process

: ¥255 Mil (As of Dec. 2023)
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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. Ningxia Orient Tantalum Industry Co's work in process for the quarter that ended in Dec. 2023 was ¥255 Mil.

Ningxia Orient Tantalum Industry Co Inventories, Work In Process Historical Data

The historical data trend for Ningxia Orient Tantalum Industry 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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Ningxia Orient Tantalum Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 184.86 125.73 196.21 217.97 254.71

Ningxia Orient Tantalum Industry 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 217.97 - 211.46 - 254.71

Ningxia Orient Tantalum Industry 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.

Ningxia Orient Tantalum Industry Co (SZSE:000962) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ningxia Orient Tantalum Industry Co Ltd (SZSE:000962) » Definitions » Inventories, Work In Process
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Traded in Other Exchanges
N/A
Address
No.119 Yanjin Road, Ningxia, Shizuishan, CHN, 753000
Website
http://www.otic.com.cn
Ningxia Orient Tantalum Industry Co Ltd is specialized in research, development, and production of rare metals in China. It produces metals and alloys of tantalum, niobium, beryllium, and titanium, as well as SiC and PV abrasive materials, battery energy materials and others. These products are used in electronics, communication, aviation, airspace, metallurgy, oil chemicals, lighting, sports, medicals, atomic energy, solar energy and other fields. The company distributes its products in both Chinese and overseas markets.

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