Versarien (LSE:VRS) Inventories, Work In Process : £0.73 Mil (As of Sep. 2023)

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What is Versarien 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. Versarien's work in process for the quarter that ended in Sep. 2023 was £0.73 Mil.

Versarien Inventories, Work In Process Historical Data

The historical data trend for Versarien'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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Versarien Inventories, Work In Process Chart

Versarien Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

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Mar20

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Mar22

Sep23

Inventories, Work In Process

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0.65

0.48

0.65

0.73

Versarien Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23	Sep23
Inventories, Work In Process	Get a 7-Day Free Trial															0.65	-	-	-	0.73

Versarien 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.

Versarien (LSE:VRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Versarien PLC (LSE:VRS) » Definitions » Inventories, Work In Process

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VRSRF:USA VRS.GB:UK 9RV:Germany

Address

Monmouth Road, Units 1A-D, Longhope Business Park, Longhope, Gloucestershire, GBR, GL17 0QZ

Website

https://www.versarien.com

Versarien PLC is an IP-led advanced engineering materials group that utilizes proprietary technology to create innovative new engineering solutions. The business activities of the group function through Graphene and Plastic Products and Hard Wear and Metallic Product segments. Graphene and Plastic Products focused on delivering graphene solutions through plastics and carbon fibre composites, and Hard Wear and Metallic Products focused on delivering aluminium and tungsten carbide products. Geographically, the company operates in the UK, North America, the Rest of Europe, and others.