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88 Energy (ASX:88E) Inventories, Work In Process : A$0.00 Mil (As of Jun. 2023)


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What is 88 Energy 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. 88 Energy's work in process for the quarter that ended in Jun. 2023 was A$0.00 Mil.


88 Energy Inventories, Work In Process Historical Data

The historical data trend for 88 Energy'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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88 Energy Inventories, Work In Process Chart

88 Energy Annual Data
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Inventories, Work In Process
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88 Energy Semi-Annual Data
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88 Energy 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.


88 Energy (ASX:88E) Business Description

Industry
Traded in Other Exchanges
Address
516 Hay Street, Ground Floor, Subiaco, WA, AUS, 6008
88 Energy Ltd is an upstream oil and gas operations company based in Australia. Its business involves exploring potential oil and natural gas and processing the acquired crude reserves. The company has oil and gas assets located across the United States and Australia. The value of its interests and operatorship in Alaska by far supersedes that of its Australian projects. The company's projects include Project Icewine, Yukon Gold Acreage, and Western Blocks. The company focuses on 1H 2016, which is a high resolution wide-azimuth three dimensional (3D) seismic acquisition. It also focuses on horizontal multi-stage frac and production test or vertical conventional test in its Icewine 2 project.

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