Ardova (NSA:ARDOVA) Construction In Progress : ₦9,372 Mil (As of Jun. 2022)

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What is Ardova Construction In Progress?

Ardova's quarterly construction in progress increased from Dec. 2021 (₦6,165 Mil) to Mar. 2022 (₦7,667 Mil) and increased from Mar. 2022 (₦7,667 Mil) to Jun. 2022 (₦9,372 Mil).

Ardova's annual construction in progress increased from Dec. 2019 (₦228 Mil) to Dec. 2020 (₦5,177 Mil) and increased from Dec. 2020 (₦5,177 Mil) to Dec. 2021 (₦6,165 Mil).

Ardova Construction In Progress Historical Data

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

Ardova Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Construction In Progress

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53.11

47.32

227.79

5,176.51

6,165.05

Ardova Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Construction In Progress	Get a 7-Day Free Trial															6,295.16	6,732.97	6,165.05	7,666.86	9,372.12

Ardova 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.

Ardova (NSA:ARDOVA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ardova PLC (NSA:ARDOVA) » Definitions » Construction In Progress

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Traded in Other Exchanges

N/A

Address

1, AP/Conoil Road, Ijora-Apapa, Lagos, NGA

Website

http://www.ardovaplc.com

Ardova PLC integrated energy company in Nigeria involved in the marketing of petroleum products. The company also provides aircraft refueling operations at its Aviation Joint User's hydrants in Ikeja and Joint Aviation depots in Abuja, Port Harcourt, and Kano as a provider of aviation fuel for local and international airlines. It also procures and markets Liquefied Petroleum Gas. It manufactures and distributes a wide range of quality lubricants, which include Super V, Visco 2000, and Diesel Motor Oil from its lubricating oil blending plant at its Apapa terminal in Lagos. The company is the sole authorized distributor of Shell Engine Oils and Lubricants for the Nigerian market. the company is also into renewable energy.

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