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Block Energy (LSE:BLOE) Inventories, Work In Process : £0.00 Mil (As of Dec. 2023)


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What is Block 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. Block Energy's work in process for the quarter that ended in Dec. 2023 was £0.00 Mil.


Block Energy Inventories, Work In Process Historical Data

The historical data trend for Block 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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Block Energy Inventories, Work In Process Chart

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Block 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.


Block Energy (LSE:BLOE) Business Description

Industry
Traded in Other Exchanges
Address
25 Eccleston Place, Eccleston Yards, London, GBR, SW1W 9NF
Block Energy PLC is an oil exploration, development and production company whose main country of operation is the Republic of Georgia. Its segments include Oil extraction in Georgia and the Corporate function. The company has interests in the Norio oil field, Satskhenisi, and West Rustavi field.

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