Reach Subsea ASA (FRA:4RS) Inventories, Work In Process : €0.0 Mil (As of Mar. 2024)

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What is Reach Subsea ASA 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. Reach Subsea ASA's work in process for the quarter that ended in Mar. 2024 was €0.0 Mil.

Reach Subsea ASA Inventories, Work In Process Historical Data

The historical data trend for Reach Subsea ASA'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.
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Reach Subsea ASA Inventories, Work In Process Chart

Reach Subsea ASA Annual Data

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Inventories, Work In Process

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Reach Subsea ASA Quarterly Data
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Reach Subsea ASA 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.

Reach Subsea ASA (FRA:4RS) Business Description

Industry

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REACHo:Sweden REACH:Norway

Address

Møllervegen 6, Haugesund, NOR, 5525

Website

https://www.reachsubsea.no

Reach Subsea ASA is a Norwegian subsea service provider. The services provided by the company include vessel fleet which comprises of edda fonn which is used for survey and light construction services, havila subsea, normand reach for complex offshore operations, viking neptun for cable installation and heavy lifting, and stril explorer. It two reportable segments namely Oil and Gas and Renewable and others. The company generates maximum revenue from the Oil and Gas segment.

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