Nifco (NIFCY) Construction In Progress : $26 Mil (As of Dec. 2023)

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What is Nifco Construction In Progress?

Nifco's quarterly construction in progress increased from Jun. 2023 ($23 Mil) to Sep. 2023 ($27 Mil) but then declined from Sep. 2023 ($27 Mil) to Dec. 2023 ($26 Mil).

Nifco's annual construction in progress declined from Mar. 2021 ($66 Mil) to Mar. 2022 ($31 Mil) and declined from Mar. 2022 ($31 Mil) to Mar. 2023 ($22 Mil).

Nifco Construction In Progress Historical Data

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

Nifco Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Construction In Progress

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66.59

79.79

65.77

30.95

21.79

Nifco Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															30.29	21.79	22.65	26.53	25.77

Nifco 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.

Nifco (NIFCY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nifco Inc (OTCPK:NIFCY) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

7988:Japan 9WM:Germany

Address

Mita Bellju Building 20th Floor, 5-36-7 Shiba, Minato-ku, Tokyo, JPN, 108-8522

Website

http://www.nifco.co.jp

Nifco Inc manufactures and sells a variety of plastic components. The automotive components division of the company includes parts for fuel tanks, engines, interiors, exteriors, and electrical components. It also offers Home solutions and Fashion related products such as Damper, Cord Lock, Magnet Latch and Push Latch among others.

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