Metal Storm Limited (ASX:MST) Inventories, Work In Process : A$0.00 Mil (As of Dec. 2011)

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What is Metal Storm Limited 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. Metal Storm Limited's work in process for the quarter that ended in Dec. 2011 was A$0.00 Mil.

Metal Storm Limited Inventories, Work In Process Historical Data

The historical data trend for Metal Storm Limited'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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Metal Storm Limited Inventories, Work In Process Chart

Metal Storm Limited Annual Data

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Inventories, Work In Process

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Metal Storm Limited Semi-Annual Data
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Metal Storm Limited 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.

Metal Storm Limited (ASX:MST) Business Description

Industry

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Traded in Other Exchanges

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Address

Website

http://www.metalstorm.com

Metal Storm Ltd is incorporated under the laws of Australia on April 13, 1994. The company is a defence technology company engaged in the development of electronically initiated ballistics systems using its stacked round technology. Its technology is an electronically initiated, stacked projectile system which removes the mechanical steps required to fire a conventional weapon. Effectively, the only parts that move in Metal Storm's technology are the projectiles contained within the barrels. Multiple projectiles are stacked in a barrel, each separated by a propellant load. Its products include 3GL - 3 shot grenade launcher, FireStorm, MAUL, Redback, Munitions and Component weapon systems. The company also provides Research and Development as well as Consulting and Integration Services.