Soltec Power Holdings (XMAD:SOL) Inventories, Work In Process : €5.6 Mil (As of Jun. 2023)

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What is Soltec Power Holdings 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. Soltec Power Holdings's work in process for the quarter that ended in Jun. 2023 was €5.6 Mil.

Soltec Power Holdings Inventories, Work In Process Historical Data

The historical data trend for Soltec Power Holdings'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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Soltec Power Holdings Inventories, Work In Process Chart

Soltec Power Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Inventories, Work In Process

3.16

10.28

5.72

Soltec Power Holdings Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Inventories, Work In Process	Get a 7-Day Free Trial			5.31	10.28	9.90	5.72	5.57

Soltec Power Holdings 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.

Soltec Power Holdings (XMAD:SOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Soltec Power Holdings SA (XMAD:SOL) » Definitions » Inventories, Work In Process

Comparable Companies

Traded in Other Exchanges

0AC5:UK 5PZ:Germany

Address

Gabriel Campillo Street, Poligono Industrial la Serreta s/n, Molina de Segura, Murcia, ESP, 30500

Website

http://www.soltecpowerholdings.com

Soltec Power Holdings SA is specialized in providing integrated solutions in solar PV energy. The company designs, manufactures and installs solar tracking systems and develops solar power projects. Its business is divided into industrial (trackers and construction services) business line, which is also referred to as Soltec Industrial, and project development business line, which is also referred to as Powertis. It offers a portfolio of solar trackers, including the SF8 and SF7 single-axis trackers, the SF8 and SF7 bi-facial trackers and the SF7 Tandem.