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Civmec (ASX:CVL) Construction In Progress : A$12 Mil (As of Jun. 2024)


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What is Civmec Construction In Progress?

Civmec's quarterly construction in progress increased from Jun. 2023 (A$13 Mil) to Dec. 2023 (A$18 Mil) but then declined from Dec. 2023 (A$18 Mil) to Jun. 2024 (A$12 Mil).

Civmec's annual construction in progress increased from Jun. 2022 (A$10 Mil) to Jun. 2023 (A$13 Mil) but then declined from Jun. 2023 (A$13 Mil) to Jun. 2024 (A$12 Mil).


Civmec Construction In Progress Historical Data

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

Civmec Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.04 20.10 9.54 12.60 11.85

Civmec 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.54 10.05 12.60 17.73 11.85

Civmec 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.


Civmec Business Description

Industry
Traded in Other Exchanges
Address
16 Nautical Drive, Henderson, Perth, WA, AUS, 6166
Civmec Ltd is an investment holding company. Its business activities include civil construction, fabrication, precast concrete, SMP (Structural, Mechanical, and Piping Erection), insulation, maintenance, and plant hire. The company's operating segment includes Energy, Resources, Infrastructure, Marine, and Defence. It generates maximum revenue from the Resources segment. Geographically, it derives a majority of its revenue from Australia.

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