Luceco (LSE:LUCE) Construction In Progress : £1.7 Mil (As of Dec. 2023)

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What is Luceco Construction In Progress?

Luceco's quarterly construction in progress declined from Dec. 2022 (£2.3 Mil) to Jun. 2023 (£0.0 Mil) but then increased from Jun. 2023 (£0.0 Mil) to Dec. 2023 (£1.7 Mil).

Luceco's annual construction in progress increased from Dec. 2021 (£2.2 Mil) to Dec. 2022 (£2.3 Mil) but then declined from Dec. 2022 (£2.3 Mil) to Dec. 2023 (£1.7 Mil).

Luceco Construction In Progress Historical Data

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

Luceco Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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0.60

1.40

2.20

2.30

1.70

Luceco Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial												2.20	-	2.30	-	1.70

Luceco 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.

Luceco (LSE:LUCE) Business Description

Industry

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LUCEl:UK

Address

Building E Stafford Park 1, Stafford Park, Telford, Shropshire, GBR, TF3 3BD

Website

https://www.lucecoplc.com

Luceco PLC is engaged in the manufacturing and supply of LED lighting, wiring accessories, and portable power equipment. The company generates the majority of its revenue from the sale of LED lighting. Its sales channel includes Retail, Hybrid, Professional wholesale, and Professional projects. The group has a presence in the United Kingdom, Europe, the Middle East & Africa, the Americas, and the Asia Pacific and generates the majority of its revenue from the UK.

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