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GuruFocus has detected 2 Warning Signs with Alkermes PLC $ALKS.
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Alkermes PLC (NAS:ALKS)
Construction In Progress
$29.1 Mil (As of Mar. 2017)

Alkermes PLC's quarterly construction in progress increased from Sep. 2016 ($38.0 Mil) to Dec. 2016 ($41.3 Mil) but then declined from Dec. 2016 ($41.3 Mil) to Mar. 2017 ($29.1 Mil).

Alkermes PLC's annual construction in progress increased from Dec. 2014 ($39.8 Mil) to Dec. 2015 ($51.5 Mil) but then declined from Dec. 2015 ($51.5 Mil) to Dec. 2016 ($41.3 Mil).


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.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Alkermes PLC Annual Data

ConstructionInProgress 42.442.941.943.742.244.839.439.851.541.3

Alkermes PLC Quarterly Data

ConstructionInProgress 39.845.555.460.351.554.343.438.041.329.1
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