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Gentex (FRA:GTX) Construction In Progress : €0 Mil (As of Mar. 2024)


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What is Gentex Construction In Progress?

Gentex's quarterly construction in progress increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€145 Mil) but then declined from Dec. 2023 (€145 Mil) to Mar. 2024 (€0 Mil).

Gentex's annual construction in progress increased from Dec. 2021 (€69 Mil) to Dec. 2022 (€156 Mil) but then declined from Dec. 2022 (€156 Mil) to Dec. 2023 (€145 Mil).

Gentex Construction In Progress Historical Data

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

Gentex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.51 40.32 68.67 156.30 145.19

Gentex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 145.19 -

Gentex 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.

Gentex (FRA:GTX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gentex Corp (FRA:GTX) » Definitions » Construction In Progress
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Traded in Other Exchanges
GNTX:USA
Address
600 North Centennial Street, Zeeland, MI, USA, 49464
Website
https://www.gentex.com
Gentex was founded in 1974 to produce smoke-detection equipment. The company sold its first glare-control interior mirror in 1982 and its first model using electrochromic technology in 1987. Automotive revenue is about 98% of total revenue. The company is constantly developing new applications for the technology to remain on top. Sales in 2022 totaled about $1.9 billion with 44.2 million mirrors shipped. The unit mix breaks out as 65% interior and 35% exterior, versus about 32% exterior in 2020. The company is based in Zeeland, Michigan.