ADNOC Gas (ADX:ADNOCGAS) Inventories, Work In Process : د.إ0 Mil (As of Dec. 2024)

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What is ADNOC Gas 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. ADNOC Gas's work in process for the quarter that ended in Dec. 2024 was د.إ0 Mil.

ADNOC Gas Inventories, Work In Process Historical Data

The historical data trend for ADNOC Gas's Inventories, Work In Process can be seen below:

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ADNOC Gas Inventories, Work In Process Chart

ADNOC Gas Annual Data

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Inventories, Work In Process

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ADNOC Gas 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.

ADNOC Gas Business Description

Industry

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Address

Al Sarab Tower, Abu Dhabi Global Market Square, Floor 28, Al Maryah Island, Abu Dhabi, ARE

Website

https://www.adnoc.ae

ADNOC Gas PLC is an integrated gas processing company. The Company is responsible for producing, processing, distributing, and marketing natural gas and its derivatives in the UAE and abroad. ADNOC Gas operates a network of pipelines, processing plants, storage facilities, and export terminals that supply gas to various sectors, including power generation, water desalination, petrochemicals, industries, and households. The Company also exports liquefied natural gas (LNG) and liquefied petroleum gas (LPG) to regional and international markets.

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