Redde (LSE:REDD) Inventories, Work In Process : £0.0 Mil (As of Jun. 2019)

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What is Redde 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. Redde's work in process for the quarter that ended in Jun. 2019 was £0.0 Mil.

Redde Inventories, Work In Process Historical Data

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

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Inventories, Work In Process

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Redde Semi-Annual Data
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Redde 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.

Redde (LSE:REDD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Redde PLC (LSE:REDD) » Definitions » Inventories, Work In Process

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Address

Lower Bristol Road, Pinesgate, Bath, GBR, BA2 3DP

Website

http://www.redde.com

Redde PLC is engaged in the provision of non-fault accident management assistance and related services, fleet management and legal services in the United Kingdom. It generates revenue from insurance claims and invoiced for services. The company serves insurance companies, brokers, intermediaries, automotive dealerships and manufacturers, and others.

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