Nanosynth Group (LSE:NNN) Inventories, Work In Process : £0.00 Mil (As of Jun. 2022)

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What is Nanosynth 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. Nanosynth Group's work in process for the quarter that ended in Jun. 2022 was £0.00 Mil.

Nanosynth Group Inventories, Work In Process Historical Data

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

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Nanosynth Group Inventories, Work In Process Chart

Nanosynth Group Annual Data

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Nanosynth Group Semi-Annual Data
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Nanosynth 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.

Nanosynth Group (LSE:NNN) Business Description

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Address

27-28 Eastcastle Street, London, GBR, W1W 8DH

Website

https://www.nanosynthgroup.com

Nanosynth Group PLC specialises in the synthesis and application of nanoparticles to create new and improved existing products The company, through its subsidiary, develops and manufactures digital monitoring and safeguarding systems for rotating shafts and security and risk management consultancy. It generates maximum revenue from the developing and manufacturing digital monitoring and safeguarding systems for rotating shafts. Geographically, it derives a majority of revenue from Europe.