Merit Medical Systems (FRA:MM3) Construction In Progress : €54 Mil (As of Mar. 2024)

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What is Merit Medical Systems Construction In Progress?

Merit Medical Systems's quarterly construction in progress declined from Sep. 2023 (€57 Mil) to Dec. 2023 (€56 Mil) and declined from Dec. 2023 (€56 Mil) to Mar. 2024 (€54 Mil).

Merit Medical Systems's annual construction in progress increased from Dec. 2021 (€45 Mil) to Dec. 2022 (€58 Mil) but then declined from Dec. 2022 (€58 Mil) to Dec. 2023 (€56 Mil).

Merit Medical Systems Construction In Progress Historical Data

The historical data trend for Merit Medical Systems'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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Merit Medical Systems Construction In Progress Chart

Merit Medical Systems Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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75.32

38.54

45.30

57.84

56.34

Merit Medical Systems 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															59.58	57.57	56.68	56.34	53.63

Merit Medical Systems 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.

Merit Medical Systems (FRA:MM3) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Merit Medical Systems Inc (FRA:MM3) » Definitions » Construction In Progress

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MMSI:USA

Address

1600 West Merit Parkway, South Jordan, UT, USA, 84095

Website

https://www.merit.com

Merit Medical Systems Inc is a medical equipment company that develops and manufactures products for use in interventional cardiology, radiology, and endoscopy procedures. The firm reports two segments which are Cardiovascular and Endoscopy. Majority of the revenue is earned from Cardiovascular segment. United States generates majority of the revenue.

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