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Avingtrans (LSE:AVG) Construction In Progress : £0.0 Mil (As of Nov. 2023)


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What is Avingtrans Construction In Progress?


Avingtrans Construction In Progress Historical Data

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

Avingtrans Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Construction In Progress
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Avingtrans Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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Avingtrans 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.


Avingtrans (LSE:AVG) Business Description

Traded in Other Exchanges
Address
Chatteris Business Park, Chatteris, Cambridgeshire, GBR, PE16 6SA
Avingtrans PLCis a UK based company, designs and manufactures engineered components, systems and services for the automotive, healthcare and traffic management industries around the world. The company is divided into three segments: Energy-EPM; Energy-PSRE; and Medica-IMI. Avingtrans also designs and manufactures manufactured poles and cabinets for road safety cameras and railway track signaling. The company has a geographical presence in the UK, Europe and North America, and the Rest of World, with the UK region accounting for the majority of revenue.

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