Finolex Cables (LUX:FINOL) Construction In Progress : $20.2 Mil (As of Mar. 2024)

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What is Finolex Cables Construction In Progress?

Finolex Cables's quarterly construction in progress declined from Sep. 2023 ($2.8 Mil) to Dec. 2023 ($0.0 Mil) but then increased from Dec. 2023 ($0.0 Mil) to Mar. 2024 ($20.2 Mil).

Finolex Cables's annual construction in progress declined from Mar. 2022 ($11.5 Mil) to Mar. 2023 ($3.1 Mil) but then increased from Mar. 2023 ($3.1 Mil) to Mar. 2024 ($20.2 Mil).

Finolex Cables Construction In Progress Historical Data

The historical data trend for Finolex Cables'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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Finolex Cables Construction In Progress Chart

Finolex Cables Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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4.56

5.83

11.46

3.13

20.18

Finolex Cables Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															3.13	-	2.80	-	20.18

Finolex Cables 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.

Finolex Cables (LUX:FINOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Finolex Cables Ltd (LUX:FINOL) » Definitions » Construction In Progress

Traded in Other Exchanges

FINCABLES:India 500144:India

Address

26-27 Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411018

Website

https://finolex.com

Finolex Cables Ltd is an electronic components company. The operating segments of the group are Electrical cables, Communication cables, Copper rods and Others - Trading of Electrical and other goods. It derives a majority of revenue from the Electrical cables segment. The group offers products like Wires and cables, Optical fibre cables, Switches, LED lightings, Fans, MCB, Water heater and other products. Geographically the business presence of the firm can be seen in the Indian and International market.

Finolex Cables (LUX:FINOL) Headlines

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