Oil & Natural Gas (BOM:500312) Inventories, Work In Process : ₹0 Mil (As of Dec. 2023)

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What is Oil & Natural Gas 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. Oil & Natural Gas's work in process for the quarter that ended in Dec. 2023 was ₹0 Mil.

Oil & Natural Gas Inventories, Work In Process Historical Data

The historical data trend for Oil & Natural Gas'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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Oil & Natural Gas Inventories, Work In Process Chart

Oil & Natural Gas Annual Data

Trend

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Mar23

Inventories, Work In Process

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14,587.04

21,974.01

34,470.45

Oil & Natural Gas Quarterly Data
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Oil & Natural Gas 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.

Oil & Natural Gas (BOM:500312) Business Description

Industry

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ONGC:India

Address

Plot No. 5A-5B, Nelson Mandela Road, Deendayal Urja Bhawan, Vasant Kunj, New Delhi, IND, 110070

Website

https://www.ongcindia.com

Oil & Natural Gas Corp Ltd is an Indian-based company. It engages in the exploration, development, and production of oil and natural gas. The company operates onshore and offshore fields globally through joint ventures and partnerships. Crude oil production has been the lead revenue generator, with Russian assets providing the most production. Apart from the exploration and production operations, it engages in the transportation and refining of hydrocarbon products. Oil and Natural Gas Corp carries out its business as a public sector undertaking for the Government of India.

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