Velocity Minerals (TSXV:VLC) Inventories, Work In Process : C$0.00 Mil (As of Mar. 2024)

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What is Velocity Minerals 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. Velocity Minerals's work in process for the quarter that ended in Mar. 2024 was C$0.00 Mil.

Velocity Minerals Inventories, Work In Process Historical Data

The historical data trend for Velocity Minerals'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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Velocity Minerals Inventories, Work In Process Chart

Velocity Minerals Annual Data

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Inventories, Work In Process

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Velocity Minerals Quarterly Data
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Velocity Minerals 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.

Velocity Minerals (TSXV:VLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Velocity Minerals Ltd (TSXV:VLC) » Definitions » Inventories, Work In Process

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VLCJF:USA

Address

999 West Hastings Street, Suite 890, Vancouver, BC, CAN, V6C 2W2

Website

https://www.velocityminerals.com

Velocity Minerals Ltd is a gold exploration and development company focused on eastern Europe. It is engaged in gold exploration in Bulgaria. It is focused on Tintyava Property, Nadezhda Property, Momchil Property, and Iglika Property in Bulgaria.

Executives

Robert Charles Kopple

10 percent owner

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