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Adtran Networks SE (WBO:ADV) Construction In Progress : €9.9 Mil (As of Jun. 2023)


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What is Adtran Networks SE Construction In Progress?

Adtran Networks SE's quarterly construction in progress declined from Dec. 2022 (€6.6 Mil) to Mar. 2023 (€0.0 Mil) but then increased from Mar. 2023 (€0.0 Mil) to Jun. 2023 (€9.9 Mil).

Adtran Networks SE's annual construction in progress increased from Dec. 2021 (€1.8 Mil) to Dec. 2022 (€6.6 Mil) but then declined from Dec. 2022 (€6.6 Mil) to Dec. 2023 (€2.0 Mil).

Adtran Networks SE Construction In Progress Historical Data

The historical data trend for Adtran Networks SE'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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Adtran Networks SE Construction In Progress Chart

Adtran Networks SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.19 1.84 6.57 2.01

Adtran Networks SE Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 6.57 - 9.90 2.01

Adtran Networks SE 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.

Adtran Networks SE (WBO:ADV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Adtran Networks SE (WBO:ADV) » Definitions » Construction In Progress
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XTER:CFC FRA:GGS FRA:858 CSCO SHSE:601138 MSI HPE OHEL:NOKIA SZSE:000063 OSTO:ERIC B SHSE:688036 ZBRA JNPR SZSE:300394 SZSE:300502 TPE:2345 CIEN UI SZSE:300628 SHSE:600745
Traded in Other Exchanges
ADVOF:USA 0NOL:UK ADV:Germany
Address
Campus Martinsried, Fraunhoferstrasse 9a, Munich, BY, DEU, 82152
Website
https://www.adva.com
Adtran Networks SE Formerly ADVA Optical Networking SE develops, manufactures, and sells optical and Ethernet-based networking solutions to telecommunications carriers and enterprises. These systems are used by telecommunications service providers, private companies, universities, and government agencies. Some of its product categories are Open optical transport, Packet edge and aggregation, Disaggregated networking, Network virtualization, Network infrastructure assurance, and Automated network management. ADVA's geographical segments are Germany; the Rest of Europe, the Middle East and Africa; the Americas; and Asia-Pacific.