Ironveld (LSE:IRON) Inventories, Work In Process : £0.00 Mil (As of Dec. 2023)

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What is Ironveld 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. Ironveld's work in process for the quarter that ended in Dec. 2023 was £0.00 Mil.

Ironveld Inventories, Work In Process Historical Data

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

Ironveld Annual Data

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Inventories, Work In Process

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Ironveld Semi-Annual Data
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Ironveld 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.

Ironveld (LSE:IRON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ironveld PLC (LSE:IRON) » Definitions » Inventories, Work In Process

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Traded in Other Exchanges

NYJ:Germany

Address

Sir Alfred Owen Way, Unit D, De Clare House, Pontygwindy Industrial Estate, Caerphilly, GBR, CF83 3HU

Website

https://www.ironveld.com

Ironveld PLC is a UK-based exploration and development company, which is engaged in the exploration and mining of heavy minerals, iron, and vanadium. It focuses on the development of a new integrated Vanadiferous, Titaniferous-Magnetite VTM Project on the Northern Limb of the Bushveld Complex north of Mokopane in the Limpopo province of South Africa. The company owns and operates 15MW DC Smelter project, which produces iron products, vanadium, and titanium.