Haidilao International Holding (Haidilao International Holding) Inventories, Work In Process : $0 Mil (As of Dec. 2023)

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What is Haidilao International Holding 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. Haidilao International Holding's work in process for the quarter that ended in Dec. 2023 was $0 Mil.

Haidilao International Holding Inventories, Work In Process Historical Data

The historical data trend for Haidilao International Holding'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.
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Haidilao International Holding Inventories, Work In Process Chart

Haidilao International Holding Annual Data

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Inventories, Work In Process

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Haidilao International Holding Semi-Annual Data
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Haidilao International Holding 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.

Haidilao International Holding (Haidilao International Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Haidilao International Holding Ltd (OTCPK:HDALF) » Definitions » Inventories, Work In Process

Comparable Companies

Traded in Other Exchanges

06862:Hong Kong 8HI:Germany

Address

No. 398 Yard, Zhongdong Road, 7th Floor, No. 1 Building, Dongxiaokou Town, Changping District, Beijing, CHN, 102218

Website

https://www.haidilao.com

Haidilao International is a Chinese hot pot restaurant operator that started in Sichuan in 1998. In 2022, the restaurant chain served over 276 million customers across more than the 1,300 stores it had in Greater China. With CNY 31 billion in 2022 systemwide sales, the firm is the second-largest restaurant company in China, behind Yum China (CNY 68 billion) but ahead of Xiabuxiabu and Jiumaojiu. All of Haidilao's restaurants are company-owned, as the firm is focusing more on the quality of its restaurants than quantity.Haidilao is known for serving Sichuan-style hot pot along with exceptional service. It's still looking to expand its store footprint, but expansion opportunities are now limited to only Greater China following the spinoff of Super Hi—the operator of Haidilao stores overseas.