GB Group (LSE:GBG) Inventories, Work In Process : £0.0 Mil (As of Sep. 2023)

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What is GB 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. GB Group's work in process for the quarter that ended in Sep. 2023 was £0.0 Mil.

GB Group Inventories, Work In Process Historical Data

The historical data trend for GB 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.

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GB Group Inventories, Work In Process Chart

GB Group Annual Data

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Inventories, Work In Process

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GB Group Semi-Annual Data
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GB 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.

GB Group (LSE:GBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GB Group PLC (LSE:GBG) » Definitions » Inventories, Work In Process

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GBG.GB:UK 0GB:Germany

Address

The Foundation, Herons Way, Chester Business Park, Chester, GBR, CH4 9GB

Website

https://www.gbgplc.com

GB Group PLC provides identity intelligence solutions through its three divisions Location, Identity, and Fraud. It offers electronic ID Verification services, ID Registration, ID Engage, and ID Trace and Investigates software and services. GB Group's technology supports customers in traditional banking, government, utilities, retail, and transport as well as newly emerging industries such as eCommerce, online gaming, cryptocurrency, and mobile payments. The company has a strong geographical presence in the United Kingdom, the United States of America, and Australia and generates revenues from the sale of software and rendering of services.

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