Merit Group (LSE:MRIT) Inventories, Work In Process : £0.00 Mil (As of Sep. 2023)

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What is Merit Group 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. Merit Group's work in process for the quarter that ended in Sep. 2023 was £0.00 Mil.

Merit Group Inventories, Work In Process Historical Data

The historical data trend for Merit Group's Inventories, Work In Process can be seen below:

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Merit Group Inventories, Work In Process Chart

Merit Group Annual Data

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Inventories, Work In Process

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Merit Group Semi-Annual Data
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Merit Group 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.

Merit Group (LSE:MRIT) Business Description

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Address

32 London Bridge Street, 9th Floor, The Shard, London, GBR, SE1 9SG

Website

https://www.meritgroupplc.com

Merit Group PLC provides data, business, and political intelligence. The group operates through two operating segments namely, Dods and Merit Data and Technology. Dods business segment concentrates on the provision of key information and insights into the political and public policy environments around the UK and the European Union. The Merit Data and Technology segment focuses on the fields of data engineering, machine learning, and artificial intelligence. The company generates the majority of its revenue from Merit Data & Technology segment.

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