East African Cables (NAI:CABL) Construction In Progress : KES110 Mil (As of Dec. 2023)

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What is East African Cables Construction In Progress?

East African Cables's quarterly construction in progress declined from Dec. 2022 (KES110 Mil) to Jun. 2023 (KES0 Mil) but then increased from Jun. 2023 (KES0 Mil) to Dec. 2023 (KES110 Mil).

East African Cables's annual construction in progress increased from Dec. 2021 (KES103 Mil) to Dec. 2022 (KES110 Mil) but then stayed the same from Dec. 2022 (KES110 Mil) to Dec. 2023 (KES110 Mil).

East African Cables Construction In Progress Historical Data

The historical data trend for East African Cables'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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East African Cables Construction In Progress Chart

East African Cables Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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153.06

103.47

110.00

East African Cables Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															103.47	-	110.00	-	110.00

East African Cables 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.

East African Cables (NAI:CABL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » East African Cables Ltd (NAI:CABL) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Addis Ababa Road, Industrial Area, P.O. Box 18243, Nairobi, KEN, 00500

Website

http://www.eacables.com

East African Cables Ltd manufactures a range of cables for applications in domestic and industrial lighting, transmission, and distribution of electricity. It also offers data, telecommunication, and fiber optic solutions with requisite accessories. The company's geographical segments include Kenya and Uganda and Tanzania. It generates maximum revenue from Kenya and Uganda region. The company's product portfolio includes Utility Cables; House Wiring Cables; Armoured and Non-Armoured Cables; Automotive Cables; Telecommunication Cables; and others.

East African Cables (NAI:CABL) Headlines

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