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Advance Metals (ASX:AVM) Inventories, Work In Process : A$0.00 Mil (As of Jun. 2023)


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What is Advance Metals 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. Advance Metals's work in process for the quarter that ended in Jun. 2023 was A$0.00 Mil.


Advance Metals Inventories, Work In Process Historical Data

The historical data trend for Advance Metals'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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Advance Metals Inventories, Work In Process Chart

Advance Metals Annual Data
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Inventories, Work In Process
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Advance Metals Semi-Annual Data
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Advance Metals 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.


Advance Metals (ASX:AVM) Business Description

Industry
Traded in Other Exchanges
N/A
Address
89 York Street, Suite 706, Level 7, Sydney, NSW, AUS, 2000
Advance Metals Ltd is a Australia-based mineral exploration company engaged in investment in renewable energy and coal exploration. It holds coal licenses for exploration in the coking coal regions of Kootenay in British Columbia and applications for exploration licenses in the metallurgical coal region of the Arkoma Basin in Oklahoma. The Group has only two reportable segments, being the geographic location of assets in Canada and Australia. The company plans to develop a portfolio of projects that support the green economy through the discovery and delivery of commodities that promote electrification and decarbonization.

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