Nissin Foods Holdings Co (TSE:2897) Inventories, Work In Process : 円0 Mil (As of Dec. 2023)

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What is Nissin Foods Holdings Co 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. Nissin Foods Holdings Co's work in process for the quarter that ended in Dec. 2023 was 円0 Mil.

Nissin Foods Holdings Co Inventories, Work In Process Historical Data

The historical data trend for Nissin Foods Holdings Co's Inventories, Work In Process can be seen below:

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Nissin Foods Holdings Co Inventories, Work In Process Chart

Nissin Foods Holdings Co Annual Data

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Inventories, Work In Process

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Nissin Foods Holdings Co Quarterly Data
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Nissin Foods Holdings Co 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.

Nissin Foods Holdings Co (TSE:2897) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nissin Foods Holdings Co Ltd (TSE:2897) » Definitions » Inventories, Work In Process

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Address

1-1, 4-chome, Nishinakajima, Yodogawa-ku, Osaka, JPN, 532-8524

Website

https://www.nissin.com/en_jp

Nissin Foods is Japan's largest instant noodle manufacturer and was the first in the world to invent and launch instant noodles. It also invented the first instant noodle product in cup containers. Cup Noodles is its global brand, marketed in Asia, the Americas, and Europe. Instant noodles account for more than three fourths of group sales and 80% of operating profits, while Japan remains the key contributor, representing roughly 75% of group sales and 85% of profits. Other products include frozen/chilled noodles, confectionery, and lactic acid drinks.

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