Clever Leaves Holdings (Clever Leaves Holdings) Construction In Progress : $0.16 Mil (As of Dec. 2023)

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What is Clever Leaves Holdings Construction In Progress?

Clever Leaves Holdings's quarterly construction in progress declined from Jun. 2023 ($0.13 Mil) to Sep. 2023 ($0.11 Mil) but then increased from Sep. 2023 ($0.11 Mil) to Dec. 2023 ($0.16 Mil).

Clever Leaves Holdings's annual construction in progress declined from Dec. 2021 ($5.71 Mil) to Dec. 2022 ($0.24 Mil) and declined from Dec. 2022 ($0.24 Mil) to Dec. 2023 ($0.16 Mil).

Clever Leaves Holdings Construction In Progress Historical Data

The historical data trend for Clever Leaves Holdings'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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Clever Leaves Holdings Construction In Progress Chart

Clever Leaves Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

7.45

4.29

5.71

0.24

0.16

Clever Leaves Holdings Quarterly Data
	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												0.24	0.22	0.13	0.11	0.16

Clever Leaves Holdings 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.

Clever Leaves Holdings (Clever Leaves Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Clever Leaves Holdings Inc (OTCPK:CLVRW) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

CLVR:USA

Address

19-B Parque Industrial Tibitoc, Tocancipá, Cundinamarca, Bodega, Colombia, BC, CAN

Website

https://www.cleverleaves.com

Clever Leaves Holdings Inc is a producer of pharmaceutical and consumer cannabis brands. The company operates and has investments in Canada, Colombia, Germany, Portugal, and the United States. The company operates in two reportable segments, 1. The Cannabinoid operating segment: is comprised of the Company's cultivation, extraction, and commercialization of cannabinoid products. 2. Non-Cannabinoid operating segment is engaged in the business of formulating, manufacturing, marketing, selling, distributing, and otherwise commercializing nutraceutical and other natural remedies, wellness products, detoxification products, and nutritional and dietary supplements.