Texon Petroleum Limited (ASX:TXN) Construction In Progress : A$0.00 Mil (As of . 20)

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What is Texon Petroleum Limited Construction In Progress?

Texon Petroleum Limited Construction In Progress Historical Data

The historical data trend for Texon Petroleum Limited'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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Texon Petroleum Limited Construction In Progress Chart

Texon Petroleum Limited Annual Data

Trend

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Construction In Progress

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Texon Petroleum Limited Quarterly Data

Construction In Progress

Texon Petroleum Limited 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.