Northern Ocean (OSL:NOL) Inventories, Work In Process : kr0 Mil (As of Mar. 2025)

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What is Northern Ocean 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. Northern Ocean's work in process for the quarter that ended in Mar. 2025 was kr0 Mil.

Northern Ocean Inventories, Work In Process Historical Data

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

Northern Ocean Annual Data

Trend

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Inventories, Work In Process

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Northern Ocean Quarterly Data
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Northern Ocean 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.

Northern Ocean Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Northern Ocean Ltd (OSL:NOL) » Definitions » Inventories, Work In Process

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NOLo:Sweden 4JO:Germany

Address

14 Par La Ville Road, Par La Ville Place, PO Box HM 1593, Hamilton, BMU, HM08

Website

https://www.northernocean.no

Northern Ocean Ltd is an international offshore drilling contractor for the oil and gas industry. The company acquires and operates modern drilling assets and is engaged in offshore contract drilling in benign and harsh environments, including ultra-deep-water environments. It owns two semi-submersible rigs, Deepsea Mira and Deepsea Bollsta. The company earns revenue from Drilling, Mobilization and demobilization, Contract preparation, and One-time reimbursed costs.

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