NIIT (NSE:NIITLTD) Inventories, Work In Process : ₹0 Mil (As of Dec. 2024)

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What is NIIT 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. NIIT's work in process for the quarter that ended in Dec. 2024 was ₹0 Mil.

NIIT Inventories, Work In Process Historical Data

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

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NIIT Inventories, Work In Process Chart

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Inventories, Work In Process

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NIIT Quarterly Data
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NIIT 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.

NIIT Business Description

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500304:India

Address

Plot No. 85, Sector 32, Institutional Area, Gurgaon, HR, IND, 122 001

Website

https://www.niit.com

NIIT Ltd provides multi-disciplinary learning management and training delivery solutions to corporations, institutions, and individuals globally. Its business is divided into a Corporate learning group, a Skills and Careers group, and a School learning group. The activities of these divisions include training outsourcing to companies in North America and Europe, courses related to IT, BFSI, KPO, management education, multi-vocational skills, digital media marketing, professional life skills, teaching, and education to schools in India. It derives key revenue from offering services to corporate learning groups.

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