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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.

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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses
Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licensesView Video

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  5. Work-in-progress Period

Work-in-progress Period

Definition of 'Work-in-progress Period'

The number of days to convert ram materials into finished goods. Equal to the average value of work-in-progress divided by the average cost of goods sold per day.

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Related Terms

Just-in-Time Stock HoldingStock-Out CostsWorking Capital CycleCash-Conversion CycleGuaranteed AnnuityRaw Materials Stock PeriodTurnoverBottomPost- Completion AuditSecond StageAccounting PeriodACPAnnuity CertainCancellation RulesGross Domestic ProductHire-PurchaseHolding Period ReturnsLowest Common MultipleMatching PrincipleMulti-Period Capital Rationing

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