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Bit Brother (Bit Brother) Inventories, Work In Process : $0.00 Mil (As of Jun. 2023)


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What is Bit Brother 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. Bit Brother's work in process for the quarter that ended in Jun. 2023 was $0.00 Mil.


Bit Brother Inventories, Work In Process Historical Data

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

Bit Brother Annual Data
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Inventories, Work In Process
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Bit Brother Semi-Annual Data
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Bit Brother 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.


Bit Brother (Bit Brother) Business Description

Traded in Other Exchanges
Address
53 Binjiang Road, 15/F, Block A, Kineer Business Centre, Yuelu District, Changsha, Hunan, CHN, 410023
Bit Brother Ltd formerly Urban Tea Inc through its subsidiaries operates in two business segments, Tea shop chains and block chain and digital asset mining. Through Tea shop chains the company is engaged in specialty tea product distribution and retail business. The company offers trendy tea drinks, light meals, and pastries through its stores. Through its Blockchain technology and digital asset mining business, the company is engaged in research and development of a digital currency wallet, the integrated operation and management of supercomputer servers, and financial services, targeting both individual and institutional users. The majority of the revenue for the company is generated from its Tea shop chains.