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Oakbay Resources and Energy (JSE:46926) Inventories, Work In Process : R0.0 Mil (As of Feb. 2017)


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What is Oakbay Resources and Energy 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. Oakbay Resources and Energy's work in process for the quarter that ended in Feb. 2017 was R0.0 Mil.


Oakbay Resources and Energy Inventories, Work In Process Historical Data

The historical data trend for Oakbay Resources and Energy'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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Oakbay Resources and Energy Inventories, Work In Process Chart

Oakbay Resources and Energy Annual Data
Trend Feb14 Feb15 Feb16 Feb17
Inventories, Work In Process
- 34.13 8.99 -

Oakbay Resources and Energy Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17
Inventories, Work In Process Get a 7-Day Free Trial 34.13 - 8.99 - -

Oakbay Resources and Energy 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.


Oakbay Resources and Energy (JSE:46926) Business Description

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Oakbay Resources and Energy Ltd mines for energy resources with a focus on uranium development and coal production. The company's Shiva Uranium project inferred uranium resources more than 190 million pounds and indicated and inferred gold resources more than 5 million ounces. It mines for gold deposits as a by-product and offers outsourced contracting to the mining industry. The company's segments consist of Gold Operations, Uranium Development, Central Services and Contract Mining. The majority of its revenues are derived from mining and sale of gold in the Republic of South Africa.

Oakbay Resources and Energy (JSE:46926) Headlines

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