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Nictus (JSE:NCS) Construction In Progress : R0.00 Mil (As of Sep. 2023)


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What is Nictus Construction In Progress?


Nictus Construction In Progress Historical Data

The historical data trend for Nictus'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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Nictus Construction In Progress Chart

Nictus Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Construction In Progress
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Nictus Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Nictus 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.


Nictus (JSE:NCS) Business Description

Traded in Other Exchanges
N/A
Address
Block C, 1st Floor, 392 Main Road, The Main Straight Office Park, Bryanston, ZAF, 2191
Nictus Ltd operates as a retailer of household furniture, electrical appliances, and home electronics through the Nictus Furnishers brand and a short-term insurer through the Corporate Guarantee brand. The company owns three furniture retail stores located in Makhado, Polokwane and Randburg, South Africa. It operates in two segments namely Furniture segment and Insurance and Finance segment provides short-term insurance. Majority of the revenue is derived from the retailing of furniture and other products.

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