Innovex Downhole Solutions (Innovex Downhole Solutions) Buildings And Improvements : $16.01 Mil (As of Sep. 2023)

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What is Innovex Downhole Solutions Buildings And Improvements?

Innovex Downhole Solutions's quarterly buildings and improvements increased from Sep. 2022 ($0.00 Mil) to Dec. 2022 ($15.32 Mil) and increased from Dec. 2022 ($15.32 Mil) to Sep. 2023 ($16.01 Mil).

Innovex Downhole Solutions's annual buildings and improvements increased from . 20 ($0.00 Mil) to Dec. 2021 ($16.48 Mil) but then declined from Dec. 2021 ($16.48 Mil) to Dec. 2022 ($15.32 Mil).

Innovex Downhole Solutions Buildings And Improvements Historical Data

The historical data trend for Innovex Downhole Solutions'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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Innovex Downhole Solutions Buildings And Improvements Chart

Innovex Downhole Solutions Annual Data

Trend

Dec21

Dec22

Buildings And Improvements

16.48

15.32

Innovex Downhole Solutions Quarterly Data
	Dec21	Sep22	Dec22	Sep23
Buildings And Improvements	16.48	-	15.32	16.01

Innovex Downhole Solutions 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.

Innovex Downhole Solutions (Innovex Downhole Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Innovex Downhole Solutions Inc (NYSE:INVX) » Definitions » Buildings And Improvements

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Innovex Downhole Solutions Inc designs, manufactures, sells and rents mission critical engineered products to the global oil and natural gas industry. Its products include Well head system, Drilling and development, Well construction, Well completion, Production solution and fishing and intervention.

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