Tianjin Jinrong Tianyu Precision Machinery (SZSE:300988) Inventories, Work In Process : ¥101 Mil (As of Dec. 2023)

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What is Tianjin Jinrong Tianyu Precision Machinery 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. Tianjin Jinrong Tianyu Precision Machinery's work in process for the quarter that ended in Dec. 2023 was ¥101 Mil.

Tianjin Jinrong Tianyu Precision Machinery Inventories, Work In Process Historical Data

The historical data trend for Tianjin Jinrong Tianyu Precision Machinery'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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Tianjin Jinrong Tianyu Precision Machinery Inventories, Work In Process Chart

Tianjin Jinrong Tianyu Precision Machinery Annual Data

Trend

Dec12

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Dec21

Dec22

Dec23

Inventories, Work In Process

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403.83

139.21

86.88

95.34

100.71

Tianjin Jinrong Tianyu Precision Machinery Quarterly Data
	Dec18	Mar19	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															95.34	-	92.33	-	100.71

Tianjin Jinrong Tianyu Precision Machinery 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.

Tianjin Jinrong Tianyu Precision Machinery (SZSE:300988) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tianjin Jinrong Tianyu Precision Machinery Inc (SZSE:300988) » Definitions » Inventories, Work In Process

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Haitai Chuangxin 4th Road, Huayuan Industrial Zone, Tianjin, CHN, 300384

Website

http://www.tjjinrong.com

Tianjin Jinrong Tianyu Precision Machinery Co Ltd is engaged in the research and development, production and sales of precision metal molds and related parts.

Tianjin Jinrong Tianyu Precision Machinery (SZSE:300988) Headlines

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