1414 Degrees (ASX:14D) Inventories, Work In Process : A$0.00 Mil (As of Dec. 2023)

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What is 1414 Degrees 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. 1414 Degrees's work in process for the quarter that ended in Dec. 2023 was A$0.00 Mil.

1414 Degrees Inventories, Work In Process Historical Data

The historical data trend for 1414 Degrees'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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1414 Degrees Inventories, Work In Process Chart

1414 Degrees Annual Data

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1414 Degrees 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.

1414 Degrees (ASX:14D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » 1414 Degrees Ltd (ASX:14D) » Definitions » Inventories, Work In Process

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Traded in Other Exchanges

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Address

136 Daws Road, Melrose Park, Sydney, SA, AUS, 5039

Website

https://www.1414degrees.com.au

1414 Degrees Ltd is focused on storing and output of electric power. The company patented thermal energy storage system (TESS) storing energy as latent heat in running silicon. It delivers an output of heat and electricity is sourced from renewables or the grid and is stored as latent heat at a constant temperature. Geographically, it operates only in Australia.

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