MediClin AG (XTER:MED) Inventories, Work In Process : €0.0 Mil (As of Dec. 2023)

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What is MediClin AG 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. MediClin AG's work in process for the quarter that ended in Dec. 2023 was €0.0 Mil.

MediClin AG Inventories, Work In Process Historical Data

The historical data trend for MediClin AG's Inventories, Work In Process can be seen below:

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MediClin AG Inventories, Work In Process Chart

MediClin AG Annual Data

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Inventories, Work In Process

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MediClin AG Quarterly Data
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MediClin AG 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.

MediClin AG (XTER:MED) Business Description

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MED:Germany MED:Germany

Address

Okenstrasse 27, Offenburg, DEU, 77652

Website

https://www.mediclin.de

MediClin AG is a company engaged in operating hospitals. It is focused on providing services in the areas of neurosciences and psychological sciences as well as orthopedics in Germany. The hospitals are acute-care hospitals providing basic, standard, and specialized care, as well as specialist clinics for medical rehabilitation. The operating segments of the group are Post-acute, Acute and Other activities. It generates majority of the revenue from the Post-acute segment in which the firm offers services in the fields of subsequent nursing treatment and curative treatment. Subsequent nursing treatment starts after acute care treatment and includes all medical measures required to facilitate the healing process and return the patient to a functioning state.