OFX Group (ASX:OFX) Inventories, Work In Process : A$0.0 Mil (As of Mar. 2024)

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What is OFX Group 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. OFX Group's work in process for the quarter that ended in Mar. 2024 was A$0.0 Mil.

OFX Group Inventories, Work In Process Historical Data

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

OFX Group Annual Data

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Inventories, Work In Process

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OFX Group Semi-Annual Data
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OFX Group 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.

OFX Group (ASX:OFX) Business Description

Industry

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Traded in Other Exchanges

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Address

60 Margaret Street, Level 19, Sydney, NSW, AUS, 2000

Website

https://www.ofx.com

OFX Group Ltd is a low-cost international multicurrency payments provider via its online platform and network of global bank accounts. The company's two products are international payment services and international payment solutions. Its International payment services are monitored by geographic region and provide bank to bank currency transfers servicing businesses and consumers. International payment solutions are monitored globally and provide strategic partners with a package which includes: OFX IT platform; client service; compliance; banking relationships; and payment capabilities.

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