AKRBY (Aker BP ASA) Inventories, Work In Process : $0 Mil (As of Dec. 2024)

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What is Aker BP ASA 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. Aker BP ASA's work in process for the quarter that ended in Dec. 2024 was $0 Mil.

Aker BP ASA Inventories, Work In Process Historical Data

The historical data trend for Aker BP ASA's Inventories, Work In Process can be seen below:

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Aker BP ASA Inventories, Work In Process Chart

Aker BP ASA Annual Data

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Inventories, Work In Process

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Aker BP ASA Quarterly Data
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Aker BP ASA 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.

Aker BP ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aker BP ASA (OTCPK:AKRBY) » Definitions » Inventories, Work In Process

Comparable Companies

Traded in Other Exchanges

AKRBF:USA AKERBPo:Sweden AKRBP:Norway AKRBPo:UK 0M5J:UK ARC:Germany ARC:Germany

Address

Oksenoyveien 10, Fornebuporten, Building B, Lysaker, NOR, 1366

Website

https://www.akerbp.com

Aker BP ASA operates oil and gas production, development, and exploration projects on the Norwegian Continental Shelf (NCS). Its projects include Alvheim field, Ivar Aasen, Skarv, Johan Sverdrup, Ula and Valhall. Revenue is derived from a short list of clients and primarily consists of liquid sales. The Alvheim field, which developed with an FPSO, contributes the most volume for the company. The group's business is entirely related to exploration for and production of petroleum on, or to the borderline of the Norwegian continental shelf.