Argeo AS (OSL:ARGEO) Inventories, Work In Process : kr0.0 Mil (As of Mar. 2024)

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What is Argeo AS 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. Argeo AS's work in process for the quarter that ended in Mar. 2024 was kr0.0 Mil.

Argeo AS Inventories, Work In Process Historical Data

The historical data trend for Argeo AS's Inventories, Work In Process can be seen below:

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Argeo AS Inventories, Work In Process Chart

Argeo AS Annual Data

Trend

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Inventories, Work In Process

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Argeo AS Quarterly Data
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Argeo AS 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.

Argeo AS (OSL:ARGEO) Business Description

Industry

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8W2:Germany

Address

Nye Vakasvei 14, Hvalstad, Norge, NOR, 1395

Website

https://www.argeo.no

Argeo AS offers the ocean surveying and inspection industry by utilizing autonomous surface and underwater robotics solutions. This company is equipped with individual sensors and digital imaging technology, these autonomous underwater vehicles increase efficiency and imaging quality, in addition, to contributing to substantially reducing CO2 emissions from operations. The company's digital models and digital twin solutions are based on geophysical, hydrographic, and geological methods from shallow water to the deepest oceans for market segments in Infrastructure, Offshore Wind, Oil & Gas, and Deep Sea Minerals.

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