Akwel (XPAR:AKW) Construction In Progress : €45 Mil (As of Jun. 2023)

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What is Akwel Construction In Progress?

Akwel's quarterly construction in progress increased from Jun. 2022 (€24 Mil) to Dec. 2022 (€35 Mil) and increased from Dec. 2022 (€35 Mil) to Jun. 2023 (€45 Mil).

Akwel's annual construction in progress declined from Dec. 2020 (€35 Mil) to Dec. 2021 (€24 Mil) but then increased from Dec. 2021 (€24 Mil) to Dec. 2022 (€35 Mil).

Akwel Construction In Progress Historical Data

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

Akwel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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39.23

35.23

24.20

35.13

Akwel Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															24.20	24.20	35.13	44.91	-

Akwel 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.

Akwel (XPAR:AKW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Akwel (XPAR:AKW) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

MW4:Germany

Address

975, Route des Burgondes, Champfromier, FRA, 01410

Website

https://www.akwel-automotive.com

Akwel is engaged in the design, manufacturing, and sale of automotive equipment. It manufactures components and systems for the automotive and Heavy Goods Vehicle industry that specializes in fluid management and mechanisms. The company product categories include cooling, fuels, control, Air intake, oil, washer systems, decontamination, and mechanisms. Geographically, the highest revenue comes from Europe and Africa and also has a presence in France, North America, South America, and the Rest of the world.

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