Network International Holdings (LSE:NETW) Construction In Progress : £2.4 Mil (As of Dec. 2023)

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What is Network International Holdings Construction In Progress?

Network International Holdings's quarterly construction in progress declined from Dec. 2022 (£1.8 Mil) to Jun. 2023 (£0.0 Mil) but then increased from Jun. 2023 (£0.0 Mil) to Dec. 2023 (£2.4 Mil).

Network International Holdings's annual construction in progress declined from Dec. 2021 (£6.7 Mil) to Dec. 2022 (£1.8 Mil) but then increased from Dec. 2022 (£1.8 Mil) to Dec. 2023 (£2.4 Mil).

Network International Holdings Construction In Progress Historical Data

The historical data trend for Network International 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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Network International Holdings Construction In Progress Chart

Network International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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4.71

4.28

6.67

1.81

2.39

Network International Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial									6.67	-	1.81	-	2.39

Network International 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.

Network International Holdings (LSE:NETW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Network International Holdings PLC (LSE:NETW) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

NWITY:USA NETWl:UK

Address

Level 1, Network Building, Al Barsha 2, Dubai, ARE, SW1Y 4LB

Website

https://www.network.ae

Network International Holdings PLC is involved in digital commerce business across the Middle East and Africa region. The company provides a full suite of technology-enabled payment solutions to merchants and financial institutions of all types and sizes, including acquiring and processing services and a comprehensive ever-evolving range of value-added services. Its activities include enabling payment acceptance at merchants, acquirer processing, switching financial transactions, hosting cards, and processing payment transactions, and providing end-to-end management services, and digital payment services.