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MGIH (Millennium Group International Holdings) Inventories, Work In Process : $0.66 Mil (As of Jun. 2024)


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What is Millennium Group International Holdings 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. Millennium Group International Holdings's work in process for the quarter that ended in Jun. 2024 was $0.66 Mil.

Millennium Group International Holdings Inventories, Work In Process Historical Data

The historical data trend for Millennium Group International Holdings'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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Millennium Group International Holdings Inventories, Work In Process Chart

Millennium Group International Holdings Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Inventories, Work In Process
1.16 0.98 0.52 0.66

Millennium Group International Holdings Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Inventories, Work In Process Get a 7-Day Free Trial 0.98 - 0.52 - 0.66

Millennium Group International Holdings 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.

Millennium Group International Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Millennium Group International Holdings Ltd (NAS:MGIH) » Definitions » Inventories, Work In Process
Comparable Companies
YHGJ DSS OCTO IP SW PKG AMCR AVY BALL CCK TSX:CCL.A XSWX:SIGN BERY GPK SLGN REYN SEE SON SZSE:002812 OHEL:HUH1V
Traded in Other Exchanges
N/A
Address
Flat B-C, 1st Floor, Wang Kwong Industrial Buiding, 45 Hung To Road, Kwun Tong, Kowloon, Hong Kong, HKG, 999077
Website
https://www.millennium-gp.com
Millennium Group International Holdings Ltd is a paper-based packaging solutions supplier. It offers paper-based inner and outer packaging products which can be broadly categorized into packaging products, Packaging products supply chain management solutions and corrugated products.

Millennium Group International Holdings Headlines

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