Novra Technologies (TSXV:NVI) Inventories, Work In Process : C$0.22 Mil (As of Dec. 2023)

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What is Novra Technologies 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. Novra Technologies's work in process for the quarter that ended in Dec. 2023 was C$0.22 Mil.

Novra Technologies Inventories, Work In Process Historical Data

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

Novra Technologies Annual Data

Trend

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Dec23

Inventories, Work In Process

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0.09

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0.19

0.22

Novra Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventories, Work In Process	Get a 7-Day Free Trial															0.19	-	-	-	0.22

Novra Technologies 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.

Novra Technologies (TSXV:NVI) Business Description

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NVRVF:USA

Address

210 - 100 Innovation Drive, Winnipeg, MB, CAN, R3T 6G2

Website

https://www.novra.com

Novra Technologies Inc is engaged in the satellite data distribution business. It offers a comprehensive product portfolio including hardware, software, and services. In addition to its core video, radio, and data products, areas of expertise and added value include encryption and cybersecurity, next-generation hybrid networks (satellite/terrestrial/cloud), and efficient bandwidth utilization. The company is spread across the United States which is the key revenue driver, Canada, EMEA and APAC.

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