SATO Technologies (TSXV:SATO) Construction In Progress : C$0.43 Mil (As of Dec. 2023)

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What is SATO Technologies Construction In Progress?

SATO Technologies's quarterly construction in progress declined from Jun. 2023 (C$0.48 Mil) to Sep. 2023 (C$0.43 Mil) but then stayed the same from Sep. 2023 (C$0.43 Mil) to Dec. 2023 (C$0.43 Mil).

SATO Technologies's annual construction in progress increased from Apr. 2021 (C$0.00 Mil) to Dec. 2022 (C$0.48 Mil) but then declined from Dec. 2022 (C$0.48 Mil) to Dec. 2023 (C$0.43 Mil).

SATO Technologies Construction In Progress Historical Data

The historical data trend for SATO Technologies'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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SATO Technologies Construction In Progress Chart

SATO Technologies Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Dec22

Dec23

Construction In Progress

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0.48

0.43

SATO Technologies Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															0.48	0.48	0.48	0.43	0.43

SATO Technologies 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.

SATO Technologies (TSXV:SATO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SATO Technologies Corp (TSXV:SATO) » Definitions » Construction In Progress

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CCPUF:USA

Address

66 Wellington Street West, Suite 5300, Toronto, ON, CAN, M5K 1E6

Website

https://www.bysato.com

SATO Technologies Corp is engaged in the business of utilizing specialized equipment to solve complex computational problems to validate transactions on the Bitcoin blockchain and others. The Group receives digital assets in return for successful service and is primarily engaged in the cryptocurrency mining industry.