Quantafuel AS (Quantafuel AS) Construction In Progress : $4.54 Mil (As of Sep. 2023)

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What is Quantafuel AS Construction In Progress?

Quantafuel AS's quarterly construction in progress declined from Mar. 2023 ($4.61 Mil) to Jun. 2023 ($4.51 Mil) but then increased from Jun. 2023 ($4.51 Mil) to Sep. 2023 ($4.54 Mil).

Quantafuel AS's annual construction in progress increased from Dec. 2020 ($63.32 Mil) to Dec. 2021 ($77.26 Mil) but then declined from Dec. 2021 ($77.26 Mil) to Dec. 2022 ($5.13 Mil).

Quantafuel AS Construction In Progress Historical Data

The historical data trend for Quantafuel AS'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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Quantafuel AS Construction In Progress Chart

Quantafuel AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Construction In Progress

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11.10

39.36

63.32

77.26

5.13

Quantafuel AS Quarterly Data
	Dec17	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Construction In Progress	Get a 7-Day Free Trial															3.64	5.13	4.61	4.51	4.54

Quantafuel AS 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.

Quantafuel AS (Quantafuel AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Quantafuel AS (OTCPK:QNTFF) » Definitions » Construction In Progress

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Traded in Other Exchanges

QFUEL:Norway 49Q:Germany

Address

Lilleakerveien 2C, Oslo, NOR, 0283

Website

https://www.quantafuel.com

Quantafuel AS is a Norwegian technology company that develops, designs, and operates production facilities to produce synthetic fuels and chemical products based on non-recyclable waste. The company converts waste plastic into low-carbon synthetic oil products replacing virgin oil products.