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Formosa Petrochemical (TPE:6505) Inventories, Work In Process : NT$0 Mil (As of Dec. 2023)


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What is Formosa Petrochemical 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. Formosa Petrochemical's work in process for the quarter that ended in Dec. 2023 was NT$0 Mil.

Formosa Petrochemical Inventories, Work In Process Historical Data

The historical data trend for Formosa Petrochemical'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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Formosa Petrochemical Inventories, Work In Process Chart

Formosa Petrochemical Annual Data
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Inventories, Work In Process
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Formosa Petrochemical Quarterly Data
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Formosa Petrochemical 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.

Formosa Petrochemical (TPE:6505) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Formosa Petrochemical Corp (TPE:6505) » Definitions » Inventories, Work In Process
Comparable Companies
TPE:5288 TPE:2109 ROCO:9951 TPE:5306 TPE:9942 TPE:2115 ROCO:1336 ROCO:2248 TPE:4557 ROCO:4535 NSE:RELIANCE MPC PSX VLO OHEL:NESTE XKAZ:KMGZ NSE:IOC TSE:5020 DINO IST:TUPRS
Traded in Other Exchanges
N/A
Address
No. 1-1, Formosa Plastics Industrial Park, Zhongxing Village, Mailiao Township, Yunlin County, Taipei, TWN, 638
Website
http://www.fpcc.com.tw
Formosa Petrochemical Corp engages in refining crude oil, selling refined petroleum products, and producing and selling olefins. The firm operates in two segments. The Petrochemical segment that derives majority revenue engages in producing and selling petroleum, and petrochemical products. The Public utility segment engages in producing and selling water, electricity, and steam. Its product offerings comprise gasoline, jet fuel, kerosene, fuel oil, asphalt, sulfur, lubricant, diesel, naphtha, and liquid petroleum gas.

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