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Frequentis AG (XTER:FQT) Construction In Progress : €0.8 Mil (As of Dec. 2023)


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What is Frequentis AG Construction In Progress?

Frequentis AG's quarterly construction in progress declined from Dec. 2022 (€1.8 Mil) to Jun. 2023 (€0.0 Mil) but then increased from Jun. 2023 (€0.0 Mil) to Dec. 2023 (€0.8 Mil).

Frequentis AG's annual construction in progress increased from Dec. 2021 (€0.4 Mil) to Dec. 2022 (€1.8 Mil) but then declined from Dec. 2022 (€1.8 Mil) to Dec. 2023 (€0.8 Mil).

Frequentis AG Construction In Progress Historical Data

The historical data trend for Frequentis AG'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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Frequentis AG Construction In Progress Chart

Frequentis AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial 0.09 0.23 0.38 1.79 0.85

Frequentis AG Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.38 - 1.79 - 0.85

Frequentis AG 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.

Frequentis AG (XTER:FQT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Frequentis AG (XTER:FQT) » Definitions » Construction In Progress
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Traded in Other Exchanges
FQT:Austria
Address
Innovationstrasse 1, Vienna, AUT, 1100
Website
https://www.frequentis.com
Frequentis AG provides communication and information solutions for safety-critical applications. The company serves the air traffic management sector; public safety, public transport; and maritime markets. It offers Custom-tailored control center solutions through the operating segments of Air Traffic Management (ATM); Public Safety and Transport. It derives a majority of its revenue from the Air Traffic Management segment whose main customers are civil and military air traffic control organizations and homeland security authorities. Public Safety and Transport segment comprise the public safety, public transport, and maritime business units. The order intake is majorly from the European market.

Frequentis AG (XTER:FQT) Headlines

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