ITM Power (ITM Power) Construction In Progress : $0.00 Mil (As of Oct. 2023)

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What is ITM Power Construction In Progress?

ITM Power's quarterly construction in progress increased from Oct. 2022 ($0.00 Mil) to Apr. 2023 ($6.07 Mil) but then declined from Apr. 2023 ($6.07 Mil) to Oct. 2023 ($0.00 Mil).

ITM Power's annual construction in progress declined from Apr. 2021 ($7.46 Mil) to Apr. 2022 ($2.13 Mil) but then increased from Apr. 2022 ($2.13 Mil) to Apr. 2023 ($6.07 Mil).

ITM Power Construction In Progress Historical Data

The historical data trend for ITM Power'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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ITM Power Construction In Progress Chart

ITM Power Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Construction In Progress

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3.95

7.26

7.46

2.13

6.07

ITM Power Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Construction In Progress	Get a 7-Day Free Trial															-	2.13	-	6.07	-

ITM Power 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.

ITM Power (ITM Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ITM Power PLC (OTCPK:ITMPF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

ITM.GB:UK ITM:UK IJ8:Germany

Address

2 Bessemer Park, Shepcote Lane, Sheffield, GBR, S9 1DZ

Website

https://www.itm-power.com

ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.

ITM Power (ITM Power) Headlines

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ITM Power: Energy for the Green Economy

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