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Avid Bioservices (STU:TEHN) Construction In Progress : €66.5 Mil (As of Jan. 2024)


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What is Avid Bioservices Construction In Progress?

Avid Bioservices's quarterly construction in progress increased from Jul. 2023 (€58.4 Mil) to Oct. 2023 (€67.4 Mil) but then declined from Oct. 2023 (€67.4 Mil) to Jan. 2024 (€66.5 Mil).

Avid Bioservices's annual construction in progress increased from Apr. 2021 (€7.0 Mil) to Apr. 2022 (€40.6 Mil) and increased from Apr. 2022 (€40.6 Mil) to Apr. 2023 (€62.0 Mil).


Avid Bioservices Construction In Progress Historical Data

The historical data trend for Avid Bioservices'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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Avid Bioservices Construction In Progress Chart

Avid Bioservices Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 2.36 7.00 40.57 62.03

Avid Bioservices Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 96.41 62.03 58.37 67.35 66.52

Avid Bioservices 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.


Avid Bioservices (STU:TEHN) Business Description

Traded in Other Exchanges
Address
14191 Myford Road, Tustin, CA, USA, 92780
Avid Bioservices Inc is a clinical-stage biopharmaceutical company focused on the development and Current Good Manufacturing Practices (CGMP) of biopharmaceutical products derived from mammalian cell culture. The company provides a comprehensive range of process development and high-quality CGMP clinical and commercial manufacturing services for the biotechnology and biopharmaceutical industries.

Avid Bioservices (STU:TEHN) Headlines

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