Microalliance Group (Microalliance Group) Inventories, Work In Process : $0.00 Mil (As of Sep. 2022)

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What is Microalliance 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. Microalliance Group's work in process for the quarter that ended in Sep. 2022 was $0.00 Mil.

Microalliance Group Inventories, Work In Process Historical Data

The historical data trend for Microalliance 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.
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Microalliance Group Inventories, Work In Process Chart

Microalliance Group Annual Data

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Inventories, Work In Process

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Microalliance Group Quarterly Data
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Microalliance 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.

Microalliance Group (Microalliance Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Microalliance Group Inc (OTCPK:MALG) » Definitions » Inventories, Work In Process

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrial East Street, Shatoujiao Street, 4th Floor, Building 10, Yantian International Creative Port, Yantian District, Guangdong Province, Shenzhen, CHN, 518000

Website

https://www.fountainhealthyaging.com

Microalliance Group Inc is engaged in two types of products: coffee and liquor. The Company develops, produces, markets and sells under the brand name coffee tea products, which are specialty coffee products with Chinese black tea's taste, as well as black coffee products and other coffee products. The Company sells its coffee products wholesale to retail partners and corporate customers, as well as directly to consumers in the PRC via its e-commerce channels. Its licensed Nainiang Liquor retail stores have opened in cities in China, such as Beijing, Shanghai, Shenzhen, Xiamen, Chongqing, Chengdu, Kunming, Foshan, Zhaoqing, Huangshan, Jingzhou and Baoding. The Company generates more revenues than from the coffee business.

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