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Goodman Group (ASX:GMG) Inventories, Work In Process : A$0 Mil (As of Dec. 2023)


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What is Goodman Group 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. Goodman Group's work in process for the quarter that ended in Dec. 2023 was A$0 Mil.

Goodman Group Inventories, Work In Process Historical Data

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

Goodman Group Annual Data
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Inventories, Work In Process
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Goodman Group Semi-Annual Data
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Goodman Group 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.

Goodman Group (ASX:GMG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Goodman Group (ASX:GMG) » Definitions » Inventories, Work In Process
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ASX:CHC ASX:LLC ASX:LIC ASX:APZ ASX:AXI ASX:RPG TSE:8801 TSE:8802 HKSE:00012 PHS:SMPH BKK:CPN XSWX:SPSN OSTO:BALD B TSE:1878 BOM:503100 SHSE:600415 BOM:533274 MIC:PIKK VESTA SHSE:600515
Traded in Other Exchanges
GMGSF:USA
Address
1-11 Hayes Road, The Hayesbery, Rosebery, Sydney, NSW, AUS, 2018
Website
https://www.goodman.com
Goodman Group develops and manages industrial property investments worldwide. Rather than taking all risks on its own balance sheet, most Goodman developments are on behalf of end-user tenants, and funds management clients. A typical deal involves purchasing land for a tenant who wants to occupy the site, and/or an investor who will own the asset via a Goodman investment vehicle. Goodman charges leasing fees for locking in tenants, and fees for managing the development. Completed projects reside in Goodman investment vehicles, and Goodman charges asset and investment management fees to investors, in return for collecting rent and managing the site. Goodman retains a minority stake in many projects, generating rental income and aligning its interests with its funds management clients.

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