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Richmont Mines (Richmont Mines) Inventories, Work In Process : $0.0 Mil (As of Sep. 2017)


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What is Richmont Mines 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. Richmont Mines's work in process for the quarter that ended in Sep. 2017 was $0.0 Mil.

Richmont Mines Inventories, Work In Process Historical Data

The historical data trend for Richmont Mines'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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Richmont Mines Inventories, Work In Process Chart

Richmont Mines Annual Data
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Inventories, Work In Process
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Richmont Mines Quarterly Data
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Richmont Mines 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.

Richmont Mines (Richmont Mines) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Richmont Mines Inc (NYSE:RIC) » Definitions » Inventories, Work In Process
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Address
Website
http://www.richmont-mines.com
Richmont Mines Inc is a Canada-based gold producer. The company is involved in the gold production, mine development and mineral exploration. Its geographic segments consist of Quebec and Ontario. The company currently operates the Beaufor Mine and the Camflo Mill in Quebec. Richmont also produces gold from the Island Gold Mine in Ontario. The majority of the company's revenue is derived from gold sales and silver sales.

Richmont Mines (Richmont Mines) Headlines

From GuruFocus

Richmont Mines Reports Solid 1st Quarter Operating Results

By Alberto Abaterusso Alberto Abaterusso • 04-14-2017