Flour Mills Nigeria (NSA:FMNL) Inventories, Work In Process : ₦13,456 Mil (As of Mar. 2023)

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What is Flour Mills Nigeria 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. Flour Mills Nigeria's work in process for the quarter that ended in Mar. 2023 was ₦13,456 Mil.

Flour Mills Nigeria Inventories, Work In Process Historical Data

The historical data trend for Flour Mills Nigeria'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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Flour Mills Nigeria Inventories, Work In Process Chart

Flour Mills Nigeria Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventories, Work In Process

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3,635.57

3,951.14

7,537.75

13,325.18

13,456.23

Flour Mills Nigeria Semi-Annual Data
	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Inventories, Work In Process	Get a 7-Day Free Trial								3,635.57	3,951.14	7,537.75	13,325.18	13,456.23

Flour Mills Nigeria 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.

Flour Mills Nigeria (NSA:FMNL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Flour Mills Nigeria PLC (NSA:FMNL) » Definitions » Inventories, Work In Process

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Traded in Other Exchanges

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Address

Wharf Road, 1, Golden Penny Place, Apapa, Lagos, NGA

Website

https://www.fmnplc.com

Flour Mills Nigeria PLC is an investment holding company. The company's operating segment includes Food; Agro Allied; Sugar and Support Services. It generates maximum revenue from the Food segment which includes milling and sales of flour and production and sales of pasta, snacks, and noodles. Its Agro-Allied segment includes farming of maize, cassava, soya, sugar cane and oil palm and production and sales of fertilizer, edible oils and livestock feeds. The Sugar segment includes the cultivation and processing of sugarcane, refining and selling of sugar and sale of by-products from sugar refining.

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