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MicroSalt (LSE:SALT) Inventories, Work In Process : £0.00 Mil (As of Jun. 2023)


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

MicroSalt Inventories, Work In Process Historical Data

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

MicroSalt Annual Data
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MicroSalt Quarterly Data
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MicroSalt 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.

MicroSalt (LSE:SALT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MicroSalt PLC (LSE:SALT) » Definitions » Inventories, Work In Process
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Address
12 New Fetter Lane, London, GBR, EC4A 1JP
Website
https://www.microsaltinc.com
MicroSalt Plc is a company that has developed a patent protected and scalable manufacturing process that produces a salt crystal that is approximately hundred times smaller than traditional salt, with an average size of less than twenty microns. It allows consumers to reduce their sodium intake by half without compromising on flavor.

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