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Genmin (ASX:GEN) Inventories, Work In Process : A$0.00 Mil (As of Jun. 2023)


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

Genmin Inventories, Work In Process Historical Data

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

Genmin Annual Data
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Genmin Semi-Annual Data
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Genmin 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.

Genmin (ASX:GEN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Genmin Ltd (ASX:GEN) » Definitions » Inventories, Work In Process
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Traded in Other Exchanges
N/A
Address
216 St Georges Terrace, Suite 3, Level 8,, London House, Perth, WA, AUS, 6000
Website
https://www.genmingroup.com
Genmin Ltd is an iron ore exploration and development company with a pipeline of projects in Gabon. The company has six exploration licenses in Gabon, covering three projects. Its project includes Baniaka; Bakoumba and Minvoul/Bitam. The company's operating segments include Gabon Exploration and Corporate.