Garmin (BUE:GRMN) Construction In Progress : ARS0 Mil (As of Dec. 2023)

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What is Garmin Construction In Progress?

Garmin Construction In Progress Historical Data

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

Garmin Annual Data

Trend

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Construction In Progress

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Garmin Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															-	-	-	-	-

Garmin 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.

Garmin (BUE:GRMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Garmin Ltd (BUE:GRMN) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

GRMN:USA GRMN:Mexico G1RM34:Brazil

Address

Muhlentalstrasse 2, Schaffhausen, CHE, 8200

Website

https://www.garmin.com

Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.