CVGYY Construction In Progress: $53.41 Mil (As of Mar. 2026)


What is Converge Information And Communications Technology Solutions Construction In Progress?

Converge Information And Communications Technology Solutions CVGYY 95 Construction In Progress is $53.41 Mil as of Mar. 2026. GuruFocus rates CVGYY with a GF Score™ of 95/100. The stock has 2 warning signs investors should review.

Converge Information And Communications Technology Solutions's quarterly construction in progress increased from Sep. 2025 ($71.93 Mil) to Dec. 2025 ($181.73 Mil) but then declined from Dec. 2025 ($181.73 Mil) to Mar. 2026 ($53.41 Mil).

Converge Information And Communications Technology Solutions's annual construction in progress increased from Dec. 2023 ($108.96 Mil) to Dec. 2024 ($131.30 Mil) and increased from Dec. 2024 ($131.30 Mil) to Dec. 2025 ($181.73 Mil).

Converge Information And Communications Technology Solutions Construction In Progress Historical Data

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The historical data trend for Converge Information And Communications Technology Solutions'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.

Converge Information And Communications Technology Solutions Construction In Progress Chart

Converge Information And Communications Technology Solutions Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 125.91 152.95 108.96 131.30 181.73

Converge Information And Communications Technology Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 63.02 75.76 71.93 181.73 53.41

Converge Information And Communications Technology Solutions 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.

What does a Construction In Progress of $53.41 Mil mean?
Converge Information And Communications Technology Solutions (CVGYY) has a Construction In Progress of $53.41 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Converge Information And Communications Technology Solutions and its competitors.
Is Converge Information And Communications Technology Solutions' Construction In Progress too high?
Converge Information And Communications Technology Solutions' current Construction In Progress is $53.41 Mil. Overall, Converge Information And Communications Technology Solutions has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Converge Information And Communications Technology Solutions' Construction In Progress compare to TMUS and VZ?
Converge Information And Communications Technology Solutions' Construction In Progress of $53.41 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Telecommunication Services company?
A good Construction In Progress depends on the Telecommunication Services industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Converge Information And Communications Technology Solutions and its competitors. Converge Information And Communications Technology Solutions's current Construction In Progress is $53.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Converge Information And Communications Technology Solutions stock overvalued right now?
Converge Information And Communications Technology Solutions (CVGYY) has a current Construction In Progress of $53.41 Mil. The current Construction In Progress is $53.41 Mil. Converge Information And Communications Technology Solutions' overall GF Score™ is 95/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Converge Information And Communications Technology Solutions (CVGYY), the current Construction In Progress is $53.41 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Converge Information And Communications Technology Solutions Business Description

Other Exchanges CNVRG:Philippines
Address Mc Arthur Highway, New Street Building, Balibago, Angeles, PAM, PHL, 2009
Converge Information And Communications Technology Solutions Inc is a pure-play high-speed fixed broadband provider in the Philippines, with industry optical fiber-based connectivity services. Its singular focus on high-speed fixed broadband services is deeply ingrained in the organization and permeates all aspects of Converge's operations, including network rollout, product and service innovation, sales, and customer service. The company operates in two businesses, namely Residential Business and Enterprise Business, and it generates maximum revenue from Residential Business. The company derives all its revenue from Philippines.