Newlox Gold Ventures (XCNQ:LUX) Inventories, Work In Process : C$0.02 Mil (As of Dec. 2023)

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What is Newlox Gold Ventures 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. Newlox Gold Ventures's work in process for the quarter that ended in Dec. 2023 was C$0.02 Mil.

Newlox Gold Ventures Inventories, Work In Process Historical Data

The historical data trend for Newlox Gold Ventures'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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Newlox Gold Ventures Inventories, Work In Process Chart

Newlox Gold Ventures Annual Data

Trend

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Inventories, Work In Process

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0.03

0.02

Newlox Gold Ventures Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventories, Work In Process	Get a 7-Day Free Trial															-	0.02	0.03	0.02	0.02

Newlox Gold Ventures 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.

Newlox Gold Ventures (XCNQ:LUX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Newlox Gold Ventures Corp (XCNQ:LUX) » Definitions » Inventories, Work In Process

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Traded in Other Exchanges

NWLXF:USA NGO:Germany

Address

355 Burrard Street, 10th Floor, Vancouver, BC, CAN, V6C 2G8

Website

https://www.newloxgold.com

Newlox Gold Ventures Corp is a Canada based environmental reclamation and mineral recovery company and is in the business of undertaking projects for the purpose of operating tailings remediation and fold recovery in Costa Rica.