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Inventis (ASX:IVT) Buildings And Improvements : A$0.00 Mil (As of Dec. 2024)


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What is Inventis Buildings And Improvements?


Inventis Buildings And Improvements Historical Data

The historical data trend for Inventis's Buildings And Improvements 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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Inventis Buildings And Improvements Chart

Inventis Annual Data
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Buildings And Improvements
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Inventis Semi-Annual Data
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Inventis 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.


Inventis Business Description

Traded in Other Exchanges
N/A
Address
7 Holbeche Road, Arndell Park, Sydney, NSW, AUS, 2148
Inventis Ltd engages in the manufacturing and selling of commercial furniture, electronic controllers and computers. The company operates through Technology and Furniture segments. The Technology segment which accounts for majority revenue designs and manufactures custom control and market ready electronic systems, mobile computing solutions and emergency vehicle control systems. The Furniture segment designs, manufactures and sale of commercial furniture, which includes office chairs, tables, lounges and workstations. The company predominantly operates in one geographical area, which is Australia.