AMMO (POWW) Construction In Progress : $2.0 Mil (As of Dec. 2023)

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What is AMMO Construction In Progress?

AMMO's quarterly construction in progress increased from Jun. 2023 ($0.9 Mil) to Sep. 2023 ($1.1 Mil) and increased from Sep. 2023 ($1.1 Mil) to Dec. 2023 ($2.0 Mil).

AMMO's annual construction in progress increased from Mar. 2021 ($0.5 Mil) to Mar. 2022 ($14.3 Mil) but then declined from Mar. 2022 ($14.3 Mil) to Mar. 2023 ($0.7 Mil).

AMMO Construction In Progress Historical Data

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

AMMO Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Mar19

Mar20

Mar21

Mar22

Mar23

Construction In Progress

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3.35

1.09

0.55

14.34

0.74

AMMO 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															1.84	0.74	0.95	1.13	1.95

AMMO 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.

AMMO (POWW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AMMO Inc (NAS:POWW) » Definitions » Construction In Progress

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Traded in Other Exchanges

92P:Germany

Address

7681 E. Gray Road, Scottsdale, AZ, USA, 85260

Website

https://www.ammoinc.com

AMMO Inc is the owner of GunBroker.com, the online marketplace serving the firearms and shooting sports industries, and a vertically integrated producer of high-performance ammunition and components. It engages in the design, manufacture, and market of ammunition products in the Shooting sports industry in the United States. The firm's product segment comprises Ammunition and Marketplace. The Ammunition segment engages in the design, production, and marketing of ammunition and ammunition component products and the marketplace segment consists of the GunBroker.com marketplace. The company generates the majority of its revenue from the Ammunition segment.

Executives

Jared Rowe Smith	officer: President & COO	7681 E GRAY ROAD, SCOTTSDALE AZ 85260
Harry S Markley	director	7681 EAST GRAY ROAD, SCOTTSDALE AZ 85260
Robert Goodmanson	director	708 SOUTH 3RD STREET, SUITE 400E, MINNEAPOLIS MN 55415
Christos George Tsentas	director	2600 TOWER OAKS BOULEVARD, SUITE 280, ROCKVILLE MD 20852
Wayne Remell Walker	director	1515 MARKET STREET, SUITE 1720, PHILADELPHIA PA 19103
Susan T Lokey	other: See Explanation of Responses	P.O. BOX 386, KENNESAW GA 30156
Steven F. Urvan	director, 10 percent owner	7999 N. FEDERAL HWY, #421, BOCA RATON FL 33487
Jessica M Lockett	director	14 ORCHARD, SUITE 200, LAKE FOREST CA 92630
Richard Reed Childress	director	PO BOX 1189, WELCOME NC 27374
Jagemann Stamping Co	10 percent owner	5757 W. CUSTER STREET, MANITOWOC WI 54220
Robert D Wiley	officer: CFO	7681 EAST GRAY ROAD, SCOTTSDALE AZ 85260
Christopher S Besing	director	4707 EAST BASELINE ROAD, PHOENIX AZ 85040
Randy E. Luth	director	7681 EAST GRAY ROAD, SCOTTSDALE AZ 85021
Wallace Russell William Jr	director	7681 EAST GRAY ROAD, SCOTTSDALE AZ 85260
Steve Edward Hilko	officer: Chief Operating Officer	7681 EAST GRAY ROAD, SCOTTSDALE AZ 85260