Novus Holdings (JSE:NVS) Construction In Progress : R57 Mil (As of Mar. 2024)

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What is Novus Holdings Construction In Progress?

Novus Holdings's quarterly construction in progress declined from Mar. 2023 (R5 Mil) to Sep. 2023 (R0 Mil) but then increased from Sep. 2023 (R0 Mil) to Mar. 2024 (R57 Mil).

Novus Holdings's annual construction in progress increased from Mar. 2022 (R2 Mil) to Mar. 2023 (R5 Mil) and increased from Mar. 2023 (R5 Mil) to Mar. 2024 (R57 Mil).

Novus Holdings Construction In Progress Historical Data

The historical data trend for Novus Holdings'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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Novus Holdings Construction In Progress Chart

Novus Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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18.39

1.79

1.53

5.05

57.36

Novus Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Construction In Progress	Get a 7-Day Free Trial															1.53	-	5.05	-	57.36

Novus Holdings 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.

Novus Holdings Business Description

Industry

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Traded in Other Exchanges

N09:Germany

Address

10 Freedom Way, Marconi Beam, Montague Gardens, Milnerton, Cape Town, WC, ZAF, 7441

Website

https://www.novus.holdings

Novus Holdings Ltd services South Africa and the African continent through its print production of all short to long-run requirements of educational materials, magazines, retail inserts, catalogs, books, newspapers, and commercial work, as well as security and digital printing. The company's reportable segment comprises Printing, Education, and Packaging where printing includes gravure, headset, coldest, sheet-fed, and digital, education contains educational content and packaging includes labels and flexible packaging. Other includes non-print or packaging products. The Majority of the firm's revenue is derived from the Printing segment.