N1 Technologies (N1 Technologies) Inventories, Work In Process : $0.00 Mil (As of . 20)

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What is N1 Technologies 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. N1 Technologies's work in process for the quarter that ended in . 20 was $0.00 Mil.

N1 Technologies Inventories, Work In Process Historical Data

The historical data trend for N1 Technologies's Inventories, Work In Process can be seen below:

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Inventories, Work In Process

N1 Technologies 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.

N1 Technologies (N1 Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » N1 Technologies Inc (OTCPK:NTCHF) » Definitions » Inventories, Work In Process

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Address

35 New Road, P.O. Box 198, Belize City, BLZ

Website

http://www.n1technologies.com

N1 Technologies Inc is a nanotech research firm. The company is engaged in the development, manufacturing, and marketing of nano-scale metals into commercial products for the automotive, aviation and industrial equipment industries. In addition, it is also focused on the invention and promotion of advances nano-particle infused lubricants. NanoSave, the company's lubricant has an ability to prolong the operation and engine service life of any vehicle by providing a thin and protective film that slips into the rough and creviced metal surfaces of the engine parts. It also reduces friction, wears, and temperature.

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