Preferred Commerce (Preferred Commerce) Inventories, Work In Process : $0.00 Mil (As of Nov. 2015)

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What is Preferred Commerce 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. Preferred Commerce's work in process for the quarter that ended in Nov. 2015 was $0.00 Mil.

Preferred Commerce Inventories, Work In Process Historical Data

The historical data trend for Preferred Commerce'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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Preferred Commerce Inventories, Work In Process Chart

Preferred Commerce Annual Data

Trend

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Inventories, Work In Process

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Preferred Commerce Semi-Annual Data
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Preferred Commerce 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.

Preferred Commerce (Preferred Commerce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Preferred Commerce Inc (OTCPK:CELV) » Definitions » Inventories, Work In Process

Comparable Companies

Traded in Other Exchanges

N/A

Address

3260 Fairline Farms Road, Unit No. 1, Wellington, FL, USA, 33414

Website

http://www.preferredcommerce.com

Preferred Commerce Inc is focused on health and wellness products with main product being Thriv5. Thriv5 products contain Superoxide Dismutase (SOD) combined with antioxidants, soluble corn fiber and other ingredients that help the human body regenerate healthy cells and strengthen the immune system. The company is promoting the product through retail stores, online sales, and social media.