Mullen Automotive (HAM:1N50) Construction In Progress : €6.86 Mil (As of Mar. 2024)

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What is Mullen Automotive Construction In Progress?

Mullen Automotive's quarterly construction in progress increased from Sep. 2023 (€4.86 Mil) to Dec. 2023 (€7.51 Mil) but then declined from Dec. 2023 (€7.51 Mil) to Mar. 2024 (€6.86 Mil).

Mullen Automotive's annual construction in progress increased from Sep. 2021 (€0.00 Mil) to Sep. 2022 (€0.27 Mil) and increased from Sep. 2022 (€0.27 Mil) to Sep. 2023 (€4.86 Mil).

Mullen Automotive Construction In Progress Historical Data

The historical data trend for Mullen Automotive'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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Mullen Automotive Construction In Progress Chart

Mullen Automotive Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Construction In Progress

0.27

4.86

Mullen Automotive Quarterly Data
	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial												0.98	11.30	4.86	7.51	6.86

Mullen Automotive 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.

Mullen Automotive (HAM:1N50) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mullen Automotive Inc (HAM:1N50) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

MULN:USA 1N50:Germany

Address

1405 Pioneer Street, Brea, CA, USA, 92821

Website

https://www.mullenusa.com

Mullen Automotive Inc is engaged in manufacturing electric vehicles and energy solutions. The company strives to make electric vehicles more accessible by building an end-to-end ecosystem that takes care of all aspects of electric vehicle ownership. The Company owns and partners with several synergistic businesses, all working towards the same goal of creating clean and scalable electric vehicles and energy solutions. The company has two segments Bollinger and Mullen/ELMS, which generates revenue.

Mullen Automotive (HAM:1N50) Headlines

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