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Cerence (MEX:CRNC) Construction In Progress : MXN0 Mil (As of Mar. 2025)


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What is Cerence Construction In Progress?

Cerence's quarterly construction in progress declined from Sep. 2024 (MXN21 Mil) to Dec. 2024 (MXN0 Mil) but then stayed the same from Dec. 2024 (MXN0 Mil) to Mar. 2025 (MXN0 Mil).

Cerence's annual construction in progress increased from Sep. 2022 (MXN0 Mil) to Sep. 2023 (MXN40 Mil) but then declined from Sep. 2023 (MXN40 Mil) to Sep. 2024 (MXN21 Mil).

Cerence Construction In Progress Historical Data

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

Cerence Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only 100.45 254.54 - 39.99 21.46

Cerence Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 21.46 - -

Cerence 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.

Cerence Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Cerence Inc (MEX:CRNC) » Definitions » Construction In Progress
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Traded in Other Exchanges
CRNC:USA 0S6:Germany 0S6:Germany
Address
25 Mall Road, Suite 416, Burlington, MA, USA, 01803
Website
https://www.cerence.com
Cerence Inc is a United States-based software company. It is involved in developing mobility-based solutions for drivers and their cars. The customers include all automobile original equipment manufacturers, or OEMs, or their tier 1 suppliers. The company's revenue is generated by selling software licenses and cloud-connected services. Geographically, it derives a majority of its revenue from the United States and also has a presence in Other Americas; Germany; Other Europe, the Middle East, Africa; Japan, and Other Asia-Pacific.