Codan (ASX:CDA) Construction In Progress : A$0.0 Mil (As of Dec. 2024)

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What is Codan Construction In Progress?

Codan's quarterly construction in progress increased from Dec. 2023 (A$0.0 Mil) to Jun. 2024 (A$4.2 Mil) but then declined from Jun. 2024 (A$4.2 Mil) to Dec. 2024 (A$0.0 Mil).

Codan's annual construction in progress declined from Jun. 2022 (A$3.9 Mil) to Jun. 2023 (A$1.7 Mil) but then increased from Jun. 2023 (A$1.7 Mil) to Jun. 2024 (A$4.2 Mil).

Codan Construction In Progress Historical Data

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

Codan Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Construction In Progress

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1.96

1.78

3.92

1.73

4.22

Codan Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Construction In Progress	Get a 7-Day Free Trial															-	1.73	-	4.22	-

Codan 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.

Codan Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Codan Ltd (ASX:CDA) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

UL4:Germany

Address

Technology Park, 2 Second Avenue, Mawson Lakes, SA, AUS, 5095

Website

https://www.codan.com.au

Codan designs and sells communication products and metal detection devices. Its global customer base includes military, security, emergency responders, broadcasters, government, humanitarian organizations, utilities, and mining. Earnings are skewed to its communication business. This business provides command center technology used to coordinate public transport, emergency services, utilities, and broadcasting. Codan also produces lightweight radios, suitable for attaching to drones. In metal detection, it produces hand-held metal detection devices, sold to organizations and individuals such as gold prospectors and hobbyist treasure hunters. Customers also use this equipment for safety and security. About half of group revenue comes from North America and one fourth is from Europe.

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