Lombard Medical Technologies (LSE:LMT) Inventories, Work In Process : £0.00 Mil (As of Dec. 2012)

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What is Lombard Medical Technologies 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. Lombard Medical Technologies's work in process for the quarter that ended in Dec. 2012 was £0.00 Mil.

Lombard Medical Technologies Inventories, Work In Process Historical Data

The historical data trend for Lombard Medical Technologies's Inventories, Work In Process can be seen below:

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Lombard Medical Technologies Inventories, Work In Process Chart

Lombard Medical Technologies Annual Data

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Inventories, Work In Process

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Lombard Medical Technologies Semi-Annual Data
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Lombard Medical Technologies 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.

Lombard Medical Technologies (LSE:LMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Lombard Medical Technologies PLC (LSE:LMT) » Definitions » Inventories, Work In Process

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Website

http://www.lombardmedical.com

Lombard Medical Technologies PLC is engaged in the design and development of endovascular stent grafts, their manufacture, and commercialization either directly through the group's own sales force or through a network of local distributors supported by clinical specialists from Lombard Medical. The principal product, the AorfixT AAA stent graft has European CE mark approval for use in patients with high-angle-neck aneurysms of up to 90 degrees. The group has operations in United Kingdom and United States of America.