Genesis Minerals (ASX:GMD) Inventories, Work In Process : A$0.0 Mil (As of Dec. 2023)

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What is Genesis Minerals 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. Genesis Minerals's work in process for the quarter that ended in Dec. 2023 was A$0.0 Mil.

Genesis Minerals Inventories, Work In Process Historical Data

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

Genesis Minerals Annual Data

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Inventories, Work In Process

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Genesis Minerals Semi-Annual Data
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Genesis Minerals 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.

Genesis Minerals (ASX:GMD) Business Description

Industry

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GSISF:USA

Address

Level 7, 40 The Esplanade, Perth, WA, AUS, 6000

Website

https://www.genesisminerals.com.au

Genesis Minerals Ltd is an Australian gold exploration company. The Group's sole activity is mineral production, exploration and development of mineral interests in the Leonora region, wholly within Australia It owns an interest in Ulysses Gold Project and Barimaia Gold Project. The company generates revenue from the sale of Gold and Silver, with the majority of revenue coming from the sale of Gold.

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