Labrador Iron Ore Royalty (Labrador Iron Ore Royalty) Inventories, Work In Process : $0.0 Mil (As of Mar. 2024)

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What is Labrador Iron Ore Royalty 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. Labrador Iron Ore Royalty's work in process for the quarter that ended in Mar. 2024 was $0.0 Mil.

Labrador Iron Ore Royalty Inventories, Work In Process Historical Data

The historical data trend for Labrador Iron Ore Royalty'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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Labrador Iron Ore Royalty Inventories, Work In Process Chart

Labrador Iron Ore Royalty Annual Data

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Inventories, Work In Process

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Labrador Iron Ore Royalty Quarterly Data
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Labrador Iron Ore Royalty 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.

Labrador Iron Ore Royalty (Labrador Iron Ore Royalty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Labrador Iron Ore Royalty Corp (OTCPK:LIFZF) » Definitions » Inventories, Work In Process

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LIF:Canada

Address

235 Water Street, P.O. Box 610, Suite 1000, Scotia Centre, St. John’s, NL, CAN, A1C 5L3

Website

https://www.labradorironore.com

Labrador Iron Ore Royalty Corporation is a Canadian corporation. The company generates all of its revenue from its equity investment in Iron Ore Company of Canada, (IOC) and its IOC royalty and commission interests. IOC operates a major iron mine near Labrador City, Newfoundland, and Labrador on lands leased from LIORC. Directly and through its wholly-owned subsidiary, Hollinger-Hanna, LIORC owns an equity interest in IOC and receives gross overriding royalty on all iron ore products produced from the leased lands that are sold and shipped by IOC and commission on IOC's sales of iron ore. IOC is a Canadian producer of iron ore pellets and concentrate, serving customers worldwide.

Labrador Iron Ore Royalty (Labrador Iron Ore Royalty) Headlines

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