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Altron (JSE:AEL) Construction In Progress : R0 Mil (As of Feb. 2024)


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What is Altron Construction In Progress?

Altron's quarterly construction in progress declined from Feb. 2023 (R3 Mil) to Aug. 2023 (R0 Mil) but then stayed the same from Aug. 2023 (R0 Mil) to Feb. 2024 (R0 Mil).

Altron's annual construction in progress increased from Feb. 2022 (R2 Mil) to Feb. 2023 (R3 Mil) but then declined from Feb. 2023 (R3 Mil) to Feb. 2024 (R0 Mil).

Altron Construction In Progress Historical Data

The historical data trend for Altron's Construction In Progress 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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Altron Construction In Progress Chart

Altron Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.00 158.00 2.00 3.00 -

Altron Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.00 - 3.00 - -

Altron Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Altron (JSE:AEL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Altron Ltd (JSE:AEL) » Definitions » Construction In Progress
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Traded in Other Exchanges
RY7A:Germany
Address
20 Woodlands Drive, Altron Campus, Woodlands Office Park, Woodmead, GT, ZAF, 2191
Website
https://www.altron.com
Altron Ltd provides integrated ICT solutions to businesses, governments, and consumers. Its segments are Digital Transformation, Managed Services, and Own Platforms. It has a direct presence in South Africa, the rest of Africa, Europe, the Middle East, and Australia. Most of the group's revenue is derived from the local market in South Africa.