Adtran Networks SE (LTS:0NOL) Construction In Progress : €0.8 Mil (As of Jun. 2024)

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What is Adtran Networks SE Construction In Progress?

Adtran Networks SE's quarterly construction in progress declined from Jun. 2023 (€9.9 Mil) to Dec. 2023 (€2.0 Mil) and declined from Dec. 2023 (€2.0 Mil) to Jun. 2024 (€0.8 Mil).

Adtran Networks SE's annual construction in progress increased from Dec. 2021 (€1.8 Mil) to Dec. 2022 (€6.6 Mil) but then declined from Dec. 2022 (€6.6 Mil) to Dec. 2023 (€2.0 Mil).

Adtran Networks SE Construction In Progress Historical Data

The historical data trend for Adtran Networks SE'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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Adtran Networks SE Construction In Progress Chart

Adtran Networks SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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0.66

0.19

1.84

6.57

2.01

Adtran Networks SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Jun24
Construction In Progress	Get a 7-Day Free Trial															6.57	-	9.90	2.01	0.81

Adtran Networks SE 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.

Adtran Networks SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Adtran Networks SE (LTS:0NOL) » Definitions » Construction In Progress

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ADVOF:USA ADV:Germany ADV:Austria

Address

Campus Martinsried, Fraunhoferstrasse 9a, Munich, BY, DEU, 82152

Website

https://www.adva.com

Adtran Networks SE develops, manufactures, and sells optical and Ethernet-based networking solutions to telecommunications carriers and enterprises to deliver data, storage, voice, and video services. These systems are used by telecommunications service providers, private companies, universities, and government agencies. Some of its product categories are Open optical transport, Packet edge and aggregation, Disaggregated networking, Network virtualization, Network infrastructure assurance, and Automated network management. ADVA's geographical segments are Germany; the Rest of Europe, the Middle East and Africa; the Americas; and Asia-Pacific.

Adtran Networks SE Headlines

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