Ocwen Financial (FRA:OW0A) Inventories, Work In Process : €0 Mil (As of Mar. 2024)

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What is Ocwen Financial 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. Ocwen Financial's work in process for the quarter that ended in Mar. 2024 was €0 Mil.

Ocwen Financial Inventories, Work In Process Historical Data

The historical data trend for Ocwen Financial'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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Ocwen Financial Inventories, Work In Process Chart

Ocwen Financial Annual Data

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Inventories, Work In Process

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Ocwen Financial Quarterly Data
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Ocwen Financial 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.

Ocwen Financial (FRA:OW0A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ocwen Financial Corp (FRA:OW0A) » Definitions » Inventories, Work In Process

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OCN:USA

Address

1661 Worthington Road, Suite 100, West Palm Beach, FL, USA, 33409

Website

https://www.ocwen.com

Ocwen Financial Corp is a financial service company that services and originates loans. Its business segment includes Servicing and Lending. Servicing segment provides residential and commercial mortgage loan servicing, special servicing and asset management services. Lending segment originates and purchases conventional and government-insured residential forward and reverse mortgage loans mainly through correspondent lending arrangements, broker relationships and directly with mortgage customers. The company generates a majority of its revenue from the Servicing segment. Geographically, it generates a majority of its revenue from the United States.

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