Intelligent Ultrasound Group (LSE:IUG) Inventories, Work In Process : £0.21 Mil (As of Dec. 2023)

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What is Intelligent Ultrasound 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. Intelligent Ultrasound Group's work in process for the quarter that ended in Dec. 2023 was £0.21 Mil.

Intelligent Ultrasound Group Inventories, Work In Process Historical Data

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

Intelligent Ultrasound Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventories, Work In Process

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0.04

0.17

0.51

0.01

0.21

Intelligent Ultrasound Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventories, Work In Process	Get a 7-Day Free Trial															0.51	-	0.01	-	0.21

Intelligent Ultrasound 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.

Intelligent Ultrasound Group (LSE:IUG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Intelligent Ultrasound Group PLC (LSE:IUG) » Definitions » Inventories, Work In Process

Comparable Companies

Traded in Other Exchanges

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Address

114-116 St Mary Street, Floor 6A, Hodge House, Cardiff, GBR, CF10 1DY

Website

https://www.intelligentultrasound.com

Intelligent Ultrasound Group PLC is engaged in the development, marketing, and distribution of ultrasound simulation devices for use in the training of medical professionals. Its product categories ScanTrainer; HeartWorks; BodyWorks; and ORSIM Bronchoscopy Simulator. The Company has two reportable segments such as Simulation which involves sales of ultrasound simulation systems and related services , Clinical AI which is involved in sales of AI-related ultrasound image analysis software products. The company earns majority of its revenue from Simulation segment . Geographically, it has a presence in the United Kingdom, North America, and the Rest of the World. It derives most of its revenue from the Rest of the World.

Intelligent Ultrasound Group (LSE:IUG) Headlines

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