Muyuan Foods Co (SZSE:002714) Inventories, Work In Process : ¥0 Mil (As of Sep. 2023)

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What is Muyuan Foods 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. Muyuan Foods Co's work in process for the quarter that ended in Sep. 2023 was ¥0 Mil.

Muyuan Foods Co Inventories, Work In Process Historical Data

The historical data trend for Muyuan Foods Co's Inventories, Work In Process can be seen below:

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Muyuan Foods Co Inventories, Work In Process Chart

Muyuan Foods Co Annual Data

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Inventories, Work In Process

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Muyuan Foods Co Quarterly Data
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Muyuan Foods 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.

Muyuan Foods Co (SZSE:002714) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Muyuan Foods Co Ltd (SZSE:002714) » Definitions » Inventories, Work In Process

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Traded in Other Exchanges

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Address

Longsheng Industrial Park, Wolong District, Nanyang, CHN, 473000

Website

https://www.muyuanfoods.com

Muyuan Foods is the largest hog producer in China and operates an integrated model, stretching from feed processing, swine medicine development, and sow breeding, to hog raising and slaughtering. The company derives over 80% of its sales from hog production and has increased its exposure to hog processing in recent years. In recent years, feed processing has also taken up a mid-single-digit percentage of sales. Muyuan's hog output has increased 46 times between 2013 and 2022.

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