Strix Group (LSE:KETL) Construction In Progress : £1.8 Mil (As of Dec. 2023)

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What is Strix Group Construction In Progress?

Strix Group's quarterly construction in progress declined from Dec. 2022 (£2.2 Mil) to Jun. 2023 (£1.6 Mil) but then increased from Jun. 2023 (£1.6 Mil) to Dec. 2023 (£1.8 Mil).

Strix Group's annual construction in progress increased from Dec. 2021 (£2.2 Mil) to Dec. 2022 (£2.2 Mil) but then declined from Dec. 2022 (£2.2 Mil) to Dec. 2023 (£1.8 Mil).

Strix Group Construction In Progress Historical Data

The historical data trend for Strix Group'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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Strix Group Construction In Progress Chart

Strix Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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8.57

16.75

2.18

2.25

1.79

Strix Group Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial											2.18	1.90	2.25	1.65	1.79

Strix Group 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.

Strix Group (LSE:KETL) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

SG9:Germany

Address

Forrest House, Ronaldsway, IMN, IM9 2RG

Website

https://www.strixplc.com

Strix Group PLC manufactures and markets kettle controls for appliances worldwide. The Group is engaged in the business of design, manufacture, and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration. Its revenue is generated by the sale of thermostatic controls, cordless interfaces, and other products such as water jugs and filters. It generates maximum revenue from the Kettle controls segment.

Strix Group (LSE:KETL) Headlines

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