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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. Borqs Technologies's work in process for the quarter that ended in Dec. 2023 was $0.20 Mil.
The historical data trend for Borqs Technologies'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.
Borqs Technologies Annual Data | |||||||||||||||||
Trend | Jun16 | Jun17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Inventories, Work In Process | Get a 7-Day Free Trial | 0.91 | 0.29 | 1.20 | 0.30 | 0.20 |
Borqs Technologies Semi-Annual Data | |||||||||||||||||
Dec15 | Jun16 | Dec16 | Jun17 | Dec17 | Jun18 | Dec18 | Jun19 | Dec19 | Jun20 | Dec20 | Jun21 | Dec21 | Jun22 | Dec22 | Jun23 | Dec23 | |
Inventories, Work In Process | Get a 7-Day Free Trial | 1.20 | - | 0.30 | - | 0.20 |
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.
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