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U-BX Technology (U-BX Technology) Inventories, Work In Process : $0.00 Mil (As of Dec. 2023)


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What is U-BX Technology 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. U-BX Technology's work in process for the quarter that ended in Dec. 2023 was $0.00 Mil.

U-BX Technology Inventories, Work In Process Historical Data

The historical data trend for U-BX Technology'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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U-BX Technology Inventories, Work In Process Chart

U-BX Technology Annual Data
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U-BX Technology 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.

U-BX Technology (U-BX Technology) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » U-BX Technology Ltd (NAS:UBXG) » Definitions » Inventories, Work In Process
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No. 1 Linkong Er Road, Shunyi District, Zhongguan Science and Technology Park, Beijing, CHN
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U-BX Technology Ltd is focused on providing value-added services using artificial intelligence-driven technology to businesses within the insurance industry, including insurance carriers and brokers. It helps institutional clients obtain visibility on various social media platforms and generate revenue based on consumers' clicks, views, or its clients' promotion time through those channels. The company has also developed an algorithm named Magic Mirror to calculate payout risks for insurance carriers to underwrite auto insurance coverage.

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