Piolax (TSE:5988) Construction In Progress : 円5,773 Mil (As of Dec. 2023)

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What is Piolax Construction In Progress?

Piolax's quarterly construction in progress increased from Jun. 2023 (円4,034 Mil) to Sep. 2023 (円4,327 Mil) and increased from Sep. 2023 (円4,327 Mil) to Dec. 2023 (円5,773 Mil).

Piolax's annual construction in progress increased from Mar. 2022 (円1,271 Mil) to Mar. 2023 (円2,224 Mil) but then declined from Mar. 2023 (円2,224 Mil) to Mar. 2024 (円1,304 Mil).

Piolax Construction In Progress Historical Data

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

Piolax Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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1,162.00

1,210.00

1,271.00

2,224.00

1,304.00

Piolax 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															2,224.00	4,034.00	4,327.00	5,773.00	1,304.00

Piolax 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.

Piolax (TSE:5988) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Piolax Inc (TSE:5988) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Iwai-chou Hotogaya-ku, Yokohama-shi, Kanagawa, JPN, 2400023

Website

http://www.piolax.co.jp

Piolax Inc is an automobile-related product producer. The company through its subsidiaries engages in two businesses automobile-related product and medical-related products in the US, UK, China, Thailand, and Indonesia. Its product portfolio includes coil springs, flat springs, wire forms, metal and plastic fasteners and unit assembly parts. It also produces equipment's to serve the medical industry which includes spiral catheter, and stent.

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