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Nexans (FRA:NXS) Construction In Progress : €492 Mil (As of Dec. 2023)


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What is Nexans Construction In Progress?

Nexans's quarterly construction in progress declined from Dec. 2022 (€281 Mil) to Jun. 2023 (€0 Mil) but then increased from Jun. 2023 (€0 Mil) to Dec. 2023 (€492 Mil).

Nexans's annual construction in progress increased from Dec. 2021 (€112 Mil) to Dec. 2022 (€281 Mil) and increased from Dec. 2022 (€281 Mil) to Dec. 2023 (€492 Mil).


Nexans Construction In Progress Historical Data

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

Nexans 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 234.00 307.00 112.00 281.00 492.00

Nexans Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 112.00 - 281.00 - 492.00

Nexans 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.


Nexans (FRA:NXS) Business Description

Traded in Other Exchanges
Address
8 rue du Général Foy, Paris, FRA, 75008
Nexans is a French company that manufactures and distributes cable products. The company operates through three segments. The transmission, distribution, and operators segment consists of power cables for energy infrastructure, as well as copper and optical fiber cables for public telecommunication networks. The industry segment refers to specialty cables for industrial customers, as well as cables for the shipbuilding, railroad, and aeronautical manufacturing industries, among others. The distributors and installers segment consists of equipment cables for the building market and private telecommunication networks. France, Germany, and Norway are the three biggest markets for the company.

Nexans (FRA:NXS) Headlines

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