GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IPD Group Ltd (ASX:IPG) » Definitions » Inventories, Work In Process

IPD Group (ASX:IPG) Inventories, Work In Process : A$0.0 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is IPD Group 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. IPD Group's work in process for the quarter that ended in Dec. 2023 was A$0.0 Mil.


IPD Group Inventories, Work In Process Historical Data

The historical data trend for IPD Group'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.

* Premium members only.

IPD Group Inventories, Work In Process Chart

IPD Group Annual Data
Trend Jun21 Jun22 Jun23
Inventories, Work In Process
- 0.58 0.26

IPD Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Inventories, Work In Process - 0.58 - 0.26 -

IPD Group 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.


IPD Group (ASX:IPG) Business Description

Traded in Other Exchanges
N/A
Address
43-47 Newton Road, Wetherill Park, Sydney, NSW, AUS, 2164
IPD Group Ltd serves the electrical industry. The company's core focus is power distribution, power monitoring, industrial control, renewables, test and measurement, and services, across a range of verticals such as power generation, commercial, hospitality, infrastructure, and sports and leisure facilities. Its segment includes Products division and Services division. The company generates maximum revenue from the Products division segment. The company's product division consists of five different types of product categories namely, Power distribution, Industrial and motor control, Automation and industrial communication, Power monitoring, Electric vehicle solutions.