Heavy Rare Earths (ASX:HRE) Inventories, Work In Process : A$0.00 Mil (As of Dec. 2023)

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What is Heavy Rare Earths 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. Heavy Rare Earths's work in process for the quarter that ended in Dec. 2023 was A$0.00 Mil.

Heavy Rare Earths Inventories, Work In Process Historical Data

The historical data trend for Heavy Rare Earths'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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Heavy Rare Earths Inventories, Work In Process Chart

Heavy Rare Earths Annual Data

Trend

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Inventories, Work In Process

Heavy Rare Earths Semi-Annual Data
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Heavy Rare Earths 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.

Heavy Rare Earths Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Heavy Rare Earths Ltd (ASX:HRE) » Definitions » Inventories, Work In Process

Comparable Companies

Traded in Other Exchanges

N/A

Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

https://www.hreltd.com.au

Heavy Rare Earths Ltd is an Australian rare earth exploration company with projects in Western Australia and the Northern Territory. The firm's key exploration project is Cowalinya in Western Australia. This is a clay-hosted rare earth project. It holds interest in Duke rare earth project. Rare earth materials are used in a wide array of technology and future-facing applications, including smartphones, wind energy, and hybrid and electric vehicles. The Company operates in one segment being the evaluation and exploration of heavy rare earths and resources in Australia.

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