Environmental Clean Technologies (ASX:ECT) Inventories, Work In Process : A$0.00 Mil (As of Dec. 2023)

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What is Environmental Clean Technologies 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. Environmental Clean Technologies's work in process for the quarter that ended in Dec. 2023 was A$0.00 Mil.

Environmental Clean Technologies Inventories, Work In Process Historical Data

The historical data trend for Environmental Clean Technologies'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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Environmental Clean Technologies Inventories, Work In Process Chart

Environmental Clean Technologies Annual Data

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Inventories, Work In Process

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Environmental Clean Technologies Semi-Annual Data
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Environmental Clean Technologies 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.

Environmental Clean Technologies (ASX:ECT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Environmental Clean Technologies Ltd (ASX:ECT) » Definitions » Inventories, Work In Process

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Address

209 Toorak Road, Suite 37, South Yarra, VIC, AUS, 3141

Website

https://www.ectltd.com.au

Environmental Clean Technologies Ltd is in the business of commercializing coal and iron-making technologies, which are capable of delivering both financial and environmental benefits. Its activities include the following processes: Coldry Process and Hydromor Process. The Coldry process is the company's first technology to be commercially viable as an economic method of dewatering brown coal to produce a black coal equivalent. Hydromor is a clean, low-emission, one-step process for producing high-grade primary iron using low-cost lignite to displace the need for coking coals as used in the incumbent blast furnace process.

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