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IPG Photonics (FRA:IPF) Construction In Progress : €0 Mil (As of Mar. 2024)


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What is IPG Photonics Construction In Progress?

IPG Photonics's quarterly construction in progress increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€109 Mil) but then declined from Dec. 2023 (€109 Mil) to Mar. 2024 (€0 Mil).

IPG Photonics's annual construction in progress increased from Dec. 2021 (€94 Mil) to Dec. 2022 (€98 Mil) and increased from Dec. 2022 (€98 Mil) to Dec. 2023 (€109 Mil).


IPG Photonics Construction In Progress Historical Data

The historical data trend for IPG Photonics'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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IPG Photonics Construction In Progress Chart

IPG Photonics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.78 57.82 94.41 97.85 108.52

IPG Photonics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 108.52 -

IPG Photonics 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.


IPG Photonics (FRA:IPF) Business Description

Traded in Other Exchanges
Address
377 Simarano Drive, Marlborough, MA, USA, 01752
IPG Photonics Corp is a vertically integrated developer and manufacturer of high-performance fiber lasers, fiber amplifiers, and diode lasers, which are used in diverse applications in the manufacturing, automotive, industrial, aerospace, semiconductor, and consumer end markets. A large majority of the firm's revenue is derived from materials processing applications for fiber lasers, including cutting and welding, marking and engraving, and micro-processing. Roughly a third of the firm's revenue is generated in China, with the rest coming from North America, Europe, Japan, Australia, and other countries across the world.

IPG Photonics (FRA:IPF) Headlines

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