MC Mining (ASX:MCM) Inventories, Work In Process : A$0.00 Mil (As of Dec. 2023)

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

MC Mining Inventories, Work In Process Historical Data

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

MC Mining Annual Data

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Inventories, Work In Process

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MC Mining Semi-Annual Data
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MC Mining 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.

MC Mining (ASX:MCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » MC Mining Ltd (ASX:MCM) » Definitions » Inventories, Work In Process

Traded in Other Exchanges

MCZ:South Africa MCM.GB:UK MCM:UK

Address

7 The Esplanade, Suite 8, Mount Pleasant, Perth, WA, AUS, 6153

Website

https://www.mcmining.co.za

MC Mining Ltd is a coal mining company in South Africa. It has three reportable segments namely Exploration, Development, and Mining. The Exploration segment involves in search of resources for commercial exploitation and viability and determines technical feasibility. The Development segment is engaged in commissioning facilities to extract, treat, and transport products from the mineral reserve and other preparations for commercial production. The Mining segment, which is the key revenue generator is involved in the day to day activities of obtaining a saleable product from mineral reserve on a commercial scale. Some of its key projects include Uitkomst Colliery, the Makhado project, and the Greater Soutpansberg Project. Its geographical segments include Australia and South Africa.

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