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Memex (MENXF) Construction In Progress : $0.00 Mil (As of Jun. 2023)


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What is Memex Construction In Progress?

Memex Construction In Progress Historical Data

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

Memex Annual Data
Trend Aug13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Construction In Progress
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Memex Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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Memex 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.

Memex (MENXF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Memex Inc (OTCPK:MENXF) » Definitions » Construction In Progress
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Traded in Other Exchanges
OEE:Canada
Address
880 Laurentian Drive, Unit 2, Burlington, ON, CAN, L7N 3V6
Website
https://www.memex.ca
Memex Inc is a technology-based company. It develops, commercializes, and manufactures a suite of products for its customers in the discrete manufacturing and aerospace sectors worldwide. It's flagship product MERLIN is a software-driven IIoT communications platform that provides manufacturing analytics in real-time. MERLIN connects to any machine, old or new, utilizing native MTConnect or hardware adapters for older machines. The company derives a majority of its revenue from Software licensing. Geographically, it generates maximum revenue from the United States and also has a presence in Mexico and Other Countries.