IRC (FRA:2I8) Inventories, Work In Process : €26.7 Mil (As of Dec. 2023)

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What is IRC 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. IRC's work in process for the quarter that ended in Dec. 2023 was €26.7 Mil.

IRC Inventories, Work In Process Historical Data

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

IRC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventories, Work In Process

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10.72

8.46

20.43

16.66

26.75

IRC Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventories, Work In Process	Get a 7-Day Free Trial															20.43	-	16.66	-	26.75

IRC 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.

IRC (FRA:2I8) Business Description

Industry

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01029:Hong Kong

Address

6H, 9 Queen’s Road Central, Central District, Hong Kong Special Administrative Region, of the People’s Republic of China, Hong Kong, HKG

Website

http://www.ircgroup.com.hk

IRC Ltd operates as an investment holding company, which is engaged in the production and development of iron ore. Its business activity of the firm is operated through various segments namely Mines in Production, Mines in Development, Engineering, and Others. The Mines in Production segment consists of projects in the production phase; the Mines in Development segment includes the exploration and development phase of the iron ore projects; the Engineering segment is engaged in the in-house engineering and scientific expertise related to Giproruda; the Other segment is mainly engaged in the production of vanadium pentoxides and related products. It has a geographical business presence in the region of the People's Republic of China and Russia, and the majority revenue comes from PRC.

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