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Ceres Power Holdings (CHIX:CWRL) Inventories, Work In Process : £0.76 Mil (As of Dec. 2024)


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What is Ceres Power Holdings 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. Ceres Power Holdings's work in process for the quarter that ended in Dec. 2024 was £0.76 Mil.


Ceres Power Holdings Inventories, Work In Process Historical Data

The historical data trend for Ceres Power Holdings'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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Ceres Power Holdings Inventories, Work In Process Chart

Ceres Power Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.48 0.79 0.76

Ceres Power Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Inventories, Work In Process Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.48 1.42 0.79 1.39 0.76

Ceres Power Holdings 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.


Ceres Power Holdings Business Description

Address
Foundry Lane, Viking House, Horsham, West Sussex, GBR, RH13 5PX
Ceres Power Holdings PLC is a UK- based technology solutions provider. It is one of the developers of clean energy technology, fuel cells for power generation, and electrolysers for green hydrogen. Its SteelCell technology uses the existing infrastructure of mains natural gas & is manufactured using commodity materials, such as steel. It mainly caters to the automotive industry. Among its other markets are transportation, commercial, & light industrial sectors. The group established a technology position in solid oxide fuel cell (SOFC) power systems and developed solid oxide electrolysis (SOEC) to demonstrate it at a megawatt scale.

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