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AMP (ASX:AMP) Inventories, Work In Process : A$0 Mil (As of Dec. 2023)


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What is AMP 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. AMP's work in process for the quarter that ended in Dec. 2023 was A$0 Mil.


AMP Inventories, Work In Process Historical Data

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

AMP Annual Data
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Inventories, Work In Process
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AMP Semi-Annual Data
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AMP 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.


AMP (ASX:AMP) Business Description

Traded in Other Exchanges
Address
50 Bridge Street, AMP Building, Sydney, NSW, AUS, 2000
At its roots, AMP is a wealth manager, providing financial advice via Australia's second-largest network of aligned financial advisors. It has a vertically integrated business model: AMP advisors can invest client funds into superfunds and non-super investments manufactured by AMP through the firm's own platforms, though advisors are free to recommend non-AMP products and third party platforms to their clients. The firm also has a small wealth presence in New Zealand with about 72 advisors. In addition, AMP also has a retail banking business focused on deposit taking and residential mortgages.