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NWTN (NWTN) Construction In Progress : $0.06 Mil (As of Jun. 2023)


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What is NWTN Construction In Progress?

NWTN's quarterly construction in progress increased from Jun. 2022 ($0.00 Mil) to Dec. 2022 ($0.60 Mil) but then declined from Dec. 2022 ($0.60 Mil) to Jun. 2023 ($0.06 Mil).

NWTN's annual construction in progress stayed the same from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.00 Mil) but then increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.60 Mil).

NWTN Construction In Progress Historical Data

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

NWTN Annual Data
Trend Dec20 Dec21 Dec22
Construction In Progress
- - 0.60

NWTN Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Construction In Progress Get a 7-Day Free Trial - - - 0.60 0.06

NWTN 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.

NWTN (NWTN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NWTN Inc (NAS:NWTN) » Definitions » Construction In Progress
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Traded in Other Exchanges
N/A
Address
Office 114-117, Floor 1, Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, ARE
Website
https://www.nwtnmotors.com
NWTN Inc is a pioneering smart electric vehicle company which aims to integrate avant-garde design, life-style personalization, IoT connectivity, and autonomous driving technology into a passenger-centric green premium mobility solution to the world.