Safaricom (NAI:SCOM) Construction In Progress : KES0 Mil (As of Mar. 2024)

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What is Safaricom Construction In Progress?

Safaricom's quarterly construction in progress declined from Mar. 2023 (KES94,567 Mil) to Sep. 2023 (KES0 Mil) but then stayed the same from Sep. 2023 (KES0 Mil) to Mar. 2024 (KES0 Mil).

Safaricom's annual construction in progress increased from Mar. 2022 (KES25,181 Mil) to Mar. 2023 (KES94,567 Mil) but then declined from Mar. 2023 (KES94,567 Mil) to Mar. 2024 (KES0 Mil).

Safaricom Construction In Progress Historical Data

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

Safaricom Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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10,327.10

8,556.70

25,181.40

94,566.90

Safaricom Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Construction In Progress	Get a 7-Day Free Trial															25,181.40	-	94,566.90	-	-

Safaricom 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.

Safaricom (NAI:SCOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Safaricom PLC (NAI:SCOM) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Safaricom House, Waiyaki Way, P.O. Box 66827, Westlands, Nairobi, KEN, 00800

Website

https://www.safaricom.co.ke

Safaricom PLC is a Kenya-based telecommunications company. The principal activities of the company are the provision of telecommunication services, providing a comprehensive range of integrated telecommunication services including voice and data both mobile and fixed, SMS, the internet, and m-pesa. The company also offers a wide range of devices such as Mobile handsets, mobile broadband modems, routers, tablets, and notebooks. The majority of its revenue comes from service revenues: Voice, m-pesa, mobile data, messaging, fixed data and other service revenue. The company serves both individual and corporate/enterprise customers.