WordLogic (WordLogic) Inventories, Work In Process : $0.00 Mil (As of Dec. 2015)

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What is WordLogic 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. WordLogic's work in process for the quarter that ended in Dec. 2015 was $0.00 Mil.

WordLogic Inventories, Work In Process Historical Data

The historical data trend for WordLogic'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.
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WordLogic Inventories, Work In Process Chart

WordLogic Annual Data

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Inventories, Work In Process

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WordLogic Quarterly Data
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WordLogic 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.

WordLogic (WordLogic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WordLogic Corp (GREY:WLGC) » Definitions » Inventories, Work In Process

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Address

1130 West Pender Street, Suite 230, Vancouver, BC, CAN, V6E 4A4

Website

http://www.wordlogic.com

WordLogic Corp is a software company. Principally, it develops, markets, licenses and sells predictive text solutions to accelerate the entry and retrieval of text and information on smartphones, tablets, hybrid touchscreen devices, wearables, and car systems. Primarily, its business consists of development and commercialization of data entry software for handheld computing devices. The company's Reach technology assists in advertising search to create new revenue opportunities through partnerships with online deal consolidator and advertisers. Additionally, it also provides easy access without switching between applications or exiting the message compose screen to access relevant information.

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