Newton Resources (HKSE:01231) Inventories, Work In Process : HK$0 Mil (As of Dec. 2023)

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What is Newton Resources 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. Newton Resources's work in process for the quarter that ended in Dec. 2023 was HK$0 Mil.

Newton Resources Inventories, Work In Process Historical Data

The historical data trend for Newton Resources'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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Newton Resources Inventories, Work In Process Chart

Newton Resources Annual Data

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Inventories, Work In Process

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Newton Resources Semi-Annual Data
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Newton Resources 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.

Newton Resources (HKSE:01231) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Newton Resources Ltd (HKSE:01231) » Definitions » Inventories, Work In Process

Comparable Companies

Traded in Other Exchanges

N/A

Address

248 Queen's Road East, Units 4204-05, 42/Floor, Dah Sing Financial Centre, Wan Chai, HKG

Website

https://www.newton-resources.com

Newton Resources Ltd is engaged in trading of iron ore and other commodities. The company recognized revenue derived from sales of iron ore products and other commodities from Mainland China and Other countries.

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