Austal (ASX:ASB) Construction In Progress : A$118 Mil (As of Jun. 2024)

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What is Austal Construction In Progress?

Austal's quarterly construction in progress declined from Jun. 2023 (A$70 Mil) to Dec. 2023 (A$0 Mil) but then increased from Dec. 2023 (A$0 Mil) to Jun. 2024 (A$118 Mil).

Austal's annual construction in progress increased from Jun. 2022 (A$45 Mil) to Jun. 2023 (A$70 Mil) and increased from Jun. 2023 (A$70 Mil) to Jun. 2024 (A$118 Mil).

Austal Construction In Progress Historical Data

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

Austal Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Construction In Progress

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2.34

21.82

44.87

70.23

118.07

Austal Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Construction In Progress	Get a 7-Day Free Trial															44.87	-	70.23	-	118.07

Austal 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.

Austal Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Austal Ltd (ASX:ASB) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

AUTLF:USA LX6:Germany

Address

100 Clarence Beach Road, Henderson, Perth, WA, AUS, 6166

Website

https://www.austal.com

Austal Ltd is engaged in designing, constructing, and supporting revolutionary defense and commercial vessels. The company designs, constructs, and supports passenger ferries, vehicle passenger ferries, and offshore and windfarm vessels; naval vessels; naval surface warfare combatants; and patrol boats for government law enforcement and border protection agencies. Its reportable segments are USA Shipbuilding; USA Support; Australasia Shipbuilding and Australasia Support. Maximum revenue is generated from its USA Shipbuilding segment which manufactures high performance defence vessels for U.S. Navy and Coast Guard. Geographically, the company derives a majority of its revenue from the United States of America and the rest from Australia, Europe, Asia, South America, and the Middle East.