Ocean Vantage Holdings Bhd (XKLS:0220) Inventories, Work In Process : RM0.0 Mil (As of Dec. 2024)

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What is Ocean Vantage Holdings Bhd 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. Ocean Vantage Holdings Bhd's work in process for the quarter that ended in Dec. 2024 was RM0.0 Mil.

Ocean Vantage Holdings Bhd Inventories, Work In Process Historical Data

The historical data trend for Ocean Vantage Holdings Bhd's Inventories, Work In Process can be seen below:

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Ocean Vantage Holdings Bhd Inventories, Work In Process Chart

Ocean Vantage Holdings Bhd Annual Data

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Inventories, Work In Process

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Ocean Vantage Holdings Bhd Quarterly Data
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Ocean Vantage Holdings Bhd 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.

Ocean Vantage Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ocean Vantage Holdings Bhd (XKLS:0220) » Definitions » Inventories, Work In Process

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Traded in Other Exchanges

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Address

Kuala Baram Land District, 1st & 2nd Floor, Block 11, Lot 6073 and 6074, Jalan Tudan, Bandar Baru Permyjaya, Miri, SWK, MYS, 98000

Website

https://www.ovbhd.com

Ocean Vantage Holdings Bhd is engaged in the provision of support services for the oil and gas industry where it supports both the upstream and downstream oil and gas activities. The company operates through four segments: Engineering, procurement, and construction (EPC) and Project management, Supply of manpower, Supply of materials, tools and equipment, and Drilling rig charter. It generates the majority of its revenue from the Engineering, procurement, and construction (EPC) and Project management segment. The company's services include Equipment Rental, Repair and Maintenance; Overhaul, Inspection, Repair & Maintenance; Structural, Piping Replacement; Process Design and Installation, and others.

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