QANTM Intellectual Property (ASX:QIP) Inventories, Work In Process : A$0.0 Mil (As of Dec. 2023)

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

QANTM Intellectual Property Inventories, Work In Process Historical Data

The historical data trend for QANTM Intellectual Property'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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QANTM Intellectual Property Inventories, Work In Process Chart

QANTM Intellectual Property Annual Data

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Inventories, Work In Process

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QANTM Intellectual Property Semi-Annual Data
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QANTM Intellectual Property 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.

QANTM Intellectual Property (ASX:QIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » QANTM Intellectual Property Ltd (ASX:QIP) » Definitions » Inventories, Work In Process

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Address

1 Nicholson Street, Level 15, Melbourne, VIC, AUS, 3002

Website

https://www.qantmip.com

QANTM Intellectual Property Ltd is the holding company of intellectual property companies. The company through intellectual property companies provides IP services to a range of Australian and international clients ranging from start-up technology businesses to Fortune 500 multinationals, public research institutions, and universities. The company has identified its operating segments based on geographical locations being Australia and Asia. A substantial portion of its overall revenue is generated from the Australia segment.

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