REA Group (ASX:REA) Inventories, Work In Process : A$0 Mil (As of Dec. 2023)

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What is REA 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. REA Group's work in process for the quarter that ended in Dec. 2023 was A$0 Mil.

REA Group Inventories, Work In Process Historical Data

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

REA Group Annual Data

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Inventories, Work In Process

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REA Group Semi-Annual Data
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REA 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.

REA Group (ASX:REA) Business Description

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RPGRY:USA R9C:Germany

Address

511 Church Street, Richmond, Melbourne, VIC, AUS, 3121

Website

https://www.rea-group.com

REA Group is a technology company operating in the real estate sector. REA Group's primary business is a online listings platform for residential real estate, www.realestate.com.au, which is the largest residential real estate listings platform in Australia, at around three times the size of number two, www.domain.com.au, owned by Domain Group. REA Group is majority-owned by News Corp (ASX:NWS), while Domain is majority-owned by rival media company Nine Entertainment (ASX:NEC). REA Group's other businesses include adjacent markets and services, and investments in online listings platforms in Asia.

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