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Clever Culture Systems (ASX:CC5) Buildings And Improvements : A$0.00 Mil (As of Dec. 2024)


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What is Clever Culture Systems Buildings And Improvements?


Clever Culture Systems Buildings And Improvements Historical Data

The historical data trend for Clever Culture Systems's Buildings And Improvements can be seen below:

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Clever Culture Systems Buildings And Improvements Chart

Clever Culture Systems Annual Data
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Buildings And Improvements
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Clever Culture Systems Semi-Annual Data
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Clever Culture Systems Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Clever Culture Systems Business Description

Traded in Other Exchanges
N/A
Address
16 Anster Street, Adelaide, SA, AUS, 5000
Clever Culture Systems Ltd provides intelligent automation solutions to microbiology laboratories. The Company has developed the Automated Plate Assessment System (APAS Independence) technology, which uses artificial intelligence and machine learning software to automate microbiology culture plate imaging, analysis, and interpretation. The technology remains the only U.S. FDA-cleared artificial intelligence technology for automated culture plate reading.

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