CXBS (Corix Bioscience) Inventories, Work In Process: $0.00 Mil (As of Sep. 2017)


What is Corix Bioscience Inventories, Work In Process?

Corix Bioscience CXBS -99.00% Inventories, Work In Process is $0.00 Mil as of Sep. 2017.

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. Corix Bioscience's work in process for the quarter that ended in Sep. 2017 was $0.00 Mil.

Corix Bioscience Inventories, Work In Process Historical Data

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The historical data trend for Corix Bioscience'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.

Corix Bioscience Inventories, Work In Process Chart

Corix Bioscience Annual Data
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Corix Bioscience Quarterly Data
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Corix Bioscience 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.

What does a Inventories, Work In Process of $0.00 Mil mean?
Corix Bioscience (CXBS) has a Inventories, Work In Process of $0.00 Mil as of Sep. 2017. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Corix Bioscience and its competitors.
Is Corix Bioscience's Inventories, Work In Process too high?
Corix Bioscience's current Inventories, Work In Process is $0.00 Mil.
How does Corix Bioscience's Inventories, Work In Process compare to BKIT and YBAO?
Corix Bioscience's Inventories, Work In Process of $0.00 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Work In Process for a Drug Manufacturers company?
A good Inventories, Work In Process depends on the Drug Manufacturers industry context. However, Inventories, Work In Process should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Corix Bioscience and its competitors. Corix Bioscience's current Inventories, Work In Process is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corix Bioscience stock overvalued right now?
Corix Bioscience (CXBS) has a current Inventories, Work In Process of $0.00 Mil. The current Inventories, Work In Process is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Corix Bioscience (CXBS), the current Inventories, Work In Process is $0.00 Mil as of Sep. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Corix Bioscience Business Description

Address 18662 MaCaurther Boulevard, Suite 200, Irvine, CA, USA, 85085
Corix Bioscience Inc is a United States-based research and development firm of cannabidiol (CBD) products and treatments. It is engaged in the business of producing organic CBD oil used for medical applications and treatments. In addition, the group is also focused on the production of tetrahydrocannabivarin oil. The company is focused on operations in Oregon, California, and Nevada, United States.