Cofle SpA (MIL:CFL) Construction In Progress : €0.55 Mil (As of Dec. 2023)

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What is Cofle SpA Construction In Progress?

Cofle SpA's quarterly construction in progress increased from Dec. 2022 (€0.29 Mil) to Jun. 2023 (€0.76 Mil) but then declined from Jun. 2023 (€0.76 Mil) to Dec. 2023 (€0.55 Mil).

Cofle SpA's annual construction in progress increased from Dec. 2021 (€0.24 Mil) to Dec. 2022 (€0.29 Mil) and increased from Dec. 2022 (€0.29 Mil) to Dec. 2023 (€0.55 Mil).

Cofle SpA Construction In Progress Historical Data

The historical data trend for Cofle SpA'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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Cofle SpA Construction In Progress Chart

Cofle SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

0.17

0.13

0.24

0.29

0.55

Cofle SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial				0.24	0.53	0.29	0.76	0.55

Cofle SpA 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.

Cofle SpA (MIL:CFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cofle SpA (MIL:CFL) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via del Ghezzo, 54, Trezzo sullAdda, ITA, 20056

Website

https://www.cofle.com

Cofle SpA designs, produces and sells worldwide control cables and remote control systems for the off-road vehicle, automotive, and automotive after-market sectors. It has two divisions: the Original Equipment Manufacturer (OEM) division through which it manufactures a wide range of highly customized products for customers who install the components on the products sold: through its products, the group deals with customers operating in the agricultural sector, earth-moving and commercial vehicles, and the premium automotive sector; and the After Market (AM) division which manufactures Cofle-branded components such as control cables, brake hoses or EPBs with the same quality as the original for the automotive sector.

Cofle SpA (MIL:CFL) Headlines

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