SalMar ASA (OSL:SALM) Inventories, Work In Process : kr0 Mil (As of Mar. 2024)

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What is SalMar ASA 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. SalMar ASA's work in process for the quarter that ended in Mar. 2024 was kr0 Mil.

SalMar ASA Inventories, Work In Process Historical Data

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

SalMar ASA Annual Data

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Inventories, Work In Process

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SalMar ASA Quarterly Data
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SalMar ASA 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.

SalMar ASA (OSL:SALM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SalMar ASA (OSL:SALM) » Definitions » Inventories, Work In Process

Comparable Companies

Traded in Other Exchanges

SALRY:USA SALRF:USA SALMO:Sweden 0FWY:UK JEP:Germany

Address

Industriveien 51, Kverva, NOR, N-7266

Website

https://www.salmar.no

SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make it more convenient for customers. The salmon are sold through an in-house salesforce and through close partners of the company. Proximity to customers and tracking the use of resources plays a factor in delivering the raw material. Customers include importers, exporters, and larger processing companies and retail chains.