First Solar (LTS:0R06) Construction In Progress : $1,023 Mil (As of Sep. 2024)

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What is First Solar Construction In Progress?

First Solar's quarterly construction in progress declined from Mar. 2024 ($1,749 Mil) to Jun. 2024 ($1,477 Mil) and declined from Jun. 2024 ($1,477 Mil) to Sep. 2024 ($1,023 Mil).

First Solar's annual construction in progress increased from Dec. 2021 ($462 Mil) to Dec. 2022 ($1,122 Mil) and increased from Dec. 2022 ($1,122 Mil) to Dec. 2023 ($1,224 Mil).

First Solar Construction In Progress Historical Data

The historical data trend for First Solar'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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First Solar Construction In Progress Chart

First Solar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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243.11

419.77

461.71

1,121.94

1,224.00

First Solar Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Construction In Progress	Get a 7-Day Free Trial															964.14	1,224.00	1,748.62	1,476.53	1,022.89

First Solar 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.

First Solar Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » First Solar Inc (LTS:0R06) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

FSLR:USA FSLR:Mexico 1FSLR:Italy F3A:Germany F3A:Germany F3A:Germany FSLR34:Brazil FSLR:Austria FSLR:Argentina

Address

350 West Washington Street, Suite 600, Tempe, AZ, USA, 85288

Website

https://www.firstsolar.com

First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.

First Solar Headlines

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