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AeroVironment Inc's annual construction in progress declined from Apr. 2013 ($7.1 Mil) to Apr. 2014 ($6.3 Mil) and declined from Apr. 2014 ($6.3 Mil) to Apr. 2015 ($1.6 Mil).
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.
AeroVironment Inc Annual Data
AeroVironment Inc Quarterly Data