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Channel Infrastructure NZ (NZSE:CHI) Construction In Progress : NZ$36.3 Mil (As of Dec. 2024)


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What is Channel Infrastructure NZ Construction In Progress?

Channel Infrastructure NZ's quarterly construction in progress declined from Dec. 2023 (NZ$51.5 Mil) to Jun. 2024 (NZ$0.0 Mil) but then increased from Jun. 2024 (NZ$0.0 Mil) to Dec. 2024 (NZ$36.3 Mil).

Channel Infrastructure NZ's annual construction in progress increased from Dec. 2022 (NZ$43.4 Mil) to Dec. 2023 (NZ$51.5 Mil) but then declined from Dec. 2023 (NZ$51.5 Mil) to Dec. 2024 (NZ$36.3 Mil).

Channel Infrastructure NZ Construction In Progress Historical Data

The historical data trend for Channel Infrastructure NZ'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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Channel Infrastructure NZ Construction In Progress Chart

Channel Infrastructure NZ Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.09 24.28 43.38 51.51 36.31

Channel Infrastructure NZ Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 43.38 - 51.51 - 36.31

Channel Infrastructure NZ 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.

Channel Infrastructure NZ Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Channel Infrastructure NZ Ltd (NZSE:CHI) » Definitions » Construction In Progress
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Traded in Other Exchanges
NZRFF:USA
Address
Marsden Point, Ruakaka, NTL, NZL, 0171
Website
https://www.channelnz.com
Channel Infrastructure NZ Ltd is an independent fuel infrastructure company. The company utilizes the deep-water harbour and jetty infrastructure at Marsden Point to receive, store and distribute imported refined fuel, which is owned by customers. The Group operates in one reportable segment, Infrastructure, which comprises of fuels import terminal system (including jetty infrastructure at Marsden Point, storage tanks, and the Marsden Point to Auckland pipeline), the Wiri land and terminal leases, and the fuel testing laboratories.