Bel Fuse (Bel Fuse) Construction In Progress : $1.6 Mil (As of Dec. 2023)

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What is Bel Fuse Construction In Progress?

Bel Fuse's quarterly construction in progress declined from Jun. 2023 ($3.5 Mil) to Sep. 2023 ($2.3 Mil) and declined from Sep. 2023 ($2.3 Mil) to Dec. 2023 ($1.6 Mil).

Bel Fuse's annual construction in progress declined from Dec. 2021 ($5.1 Mil) to Dec. 2022 ($4.2 Mil) and declined from Dec. 2022 ($4.2 Mil) to Dec. 2023 ($1.6 Mil).

Bel Fuse Construction In Progress Historical Data

The historical data trend for Bel Fuse'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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Bel Fuse Construction In Progress Chart

Bel Fuse Annual Data

Trend

Dec14

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Dec18

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Dec21

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Dec23

Construction In Progress

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5.09

1.60

5.08

4.24

1.57

Bel Fuse Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															4.24	5.55	3.47	2.35	1.57

Bel Fuse 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.

Bel Fuse (Bel Fuse) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bel Fuse Inc (NAS:BELFB) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

BELFA:USA BF2B:Germany BF2A:Germany BF2A:Germany BF2B:Germany

Address

206 Van Vorst Street, Jersey City, NJ, USA, 07302

Website

https://www.belfuse.com

Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories: magnetic solutions, power solutions & protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical, and consumer electronics industries. Its geographical segments are the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and All other foreign countries. Majority of the revenue is derived from United States.

Executives

Tuweiq Farouq Salem Ali	officer: Chief Financial Officer	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Lai Kenneth Koon Keung	officer: VP of Asia Operations	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Joseph Francis Berry	officer: VP of Magnetic Solutions	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Dennis Ackerman	officer: Vice President of Operations	C/O BEL FUSE INC, 206 VAN VORST STREET, JERSEY NJ 07302
Daniel Bernstein	director, 10 percent owner, officer: President and CEO
Vincent Vellucci	director	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Suzanne Kozlovsky	officer: Global Head of People	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Peter E Gilbert	director
Raymond Cheung	officer: Vice President-Asia Operations	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Sherry L. Urban	officer: VP of Human Resources	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Jacqueline T. Brito	director	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Lynn Katherine Hutkin	officer: Director Financial Reporting	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Craig Brosious	officer: Vice President of Finance	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Avi D Eden	director
Rita V Smith	director	C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302