Infinera (FRA:IX6) Construction In Progress : €43 Mil (As of Mar. 2024)

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What is Infinera Construction In Progress?

Infinera's quarterly construction in progress increased from Sep. 2023 (€34 Mil) to Dec. 2023 (€38 Mil) and increased from Dec. 2023 (€38 Mil) to Mar. 2024 (€43 Mil).

Infinera's annual construction in progress increased from Dec. 2021 (€17 Mil) to Dec. 2022 (€40 Mil) but then declined from Dec. 2022 (€40 Mil) to Dec. 2023 (€38 Mil).

Infinera Construction In Progress Historical Data

The historical data trend for Infinera'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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Infinera Construction In Progress Chart

Infinera Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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25.15

32.66

16.64

40.04

37.90

Infinera 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															45.49	28.18	33.62	37.90	43.19

Infinera 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.

Infinera (FRA:IX6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Infinera Corp (FRA:IX6) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

INFN:USA INFN:Mexico IX6:Germany

Address

6373 San Ignacio Avenue, San Jose, CA, USA, 95119

Website

https://www.infinera.com

Infinera Corp is a global supplier of networking solutions comprised of networking equipment, software and services. Its portfolio of solutions includes optical transport platforms, converged packet-optical transport platforms, compact modular platforms, optical line systems, coherent optical subsystems, a suite of automation software offerings, and support and professional services. The company's customers include operators of fixed line and mobile networks, including telecommunications service providers, internet content providers, cable providers, wholesale carriers, research and education institutions, large enterprises, utilities and government entities.

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