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AIQ (LSE:AIQ) Inventories, Work In Process : £0.00 Mil (As of Oct. 2023)


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What is AIQ 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. AIQ's work in process for the quarter that ended in Oct. 2023 was £0.00 Mil.

AIQ Inventories, Work In Process Historical Data

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

AIQ Annual Data
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AIQ Semi-Annual Data
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AIQ 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.

AIQ (LSE:AIQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » AIQ Ltd (LSE:AIQ) » Definitions » Inventories, Work In Process
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Address
Genesis Close, Genesis Building, 5th Floor, PO Box 446, George Town, CYM, KY1-1106
Website
https://www.aiqhub.com
AIQ Ltd is an information technology software solutions provider, focused on the delivery of blockchain platforms in Asia through the provision of IT consultancy. It operates in a single segment, which is the sale of software and ancillary services. It offers OctaPLUS, which is an AI-powered online shopping platform; and also a messaging solution for business customers.