Central Rand Gold (LSE:CRND) Inventories, Work In Process : £0.00 Mil (As of Jun. 2017)

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What is Central Rand Gold 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. Central Rand Gold's work in process for the quarter that ended in Jun. 2017 was £0.00 Mil.

Central Rand Gold Inventories, Work In Process Historical Data

The historical data trend for Central Rand Gold'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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Central Rand Gold Inventories, Work In Process Chart

Central Rand Gold Annual Data

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Inventories, Work In Process

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Central Rand Gold Semi-Annual Data
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Central Rand Gold 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.

Central Rand Gold (LSE:CRND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Central Rand Gold Ltd (LSE:CRND) » Definitions » Inventories, Work In Process

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Address

Trafalgar Court, 2nd Floor, East Wing, Admiral Park, St Peter Port, GGY, GY13HU

Website

http://www.centralrandgold.com

Central Rand Gold Ltd is a gold exploration and production group. It is engaged in a gold mining and exploration project that aims to bring profitable and sustainable gold mining back to the City of Johannesburg. The company plans to extract all profitable gold from its resource base using appropriate mining, processing, and environmentally friendly technologies. Central Rand Gold's current portfolio is the Consolidated Main Reef (CMR) operations which have been split into CMR West and CMR East and the Crown Mines development. CMR West is Central Rand Gold's first mining target area. It comprises an operational underground and opencast gold mine that utilizes conventional opencast stopping and extraction methods.

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