HUB24 (ASX:HUB) Inventories, Work In Process : A$0.0 Mil (As of Dec. 2023)

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What is HUB24 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. HUB24's work in process for the quarter that ended in Dec. 2023 was A$0.0 Mil.

HUB24 Inventories, Work In Process Historical Data

The historical data trend for HUB24'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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HUB24 Inventories, Work In Process Chart

HUB24 Annual Data

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Inventories, Work In Process

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HUB24 Semi-Annual Data
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HUB24 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.

HUB24 (ASX:HUB) Business Description

Industry

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Traded in Other Exchanges

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Address

7 Macquarie Place, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.hub24.com.au

Hub24 is a diversified financial services business. The firm's core platform segment engages in the development and provision of custodial and noncustodial administration services to financial advisers, stockbrokers, accountants, and their clients. The tech solutions segment provides a range of technology and data services, as well as cloud-based software. Hub24 serves individuals, companies, trusts, associations, or self-managed superannuation funds. The firm has 6.3% share of the Australian platform market, in contrast to the largest five providers with an average market share of 14.5% each.

HUB24 (ASX:HUB) Headlines

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