Vital (NZSE:VTL) Construction In Progress : NZ$0.00 Mil (As of Dec. 2023)

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What is Vital Construction In Progress?

Vital's quarterly construction in progress increased from Dec. 2022 (NZ$0.00 Mil) to Jun. 2023 (NZ$2.86 Mil) but then declined from Jun. 2023 (NZ$2.86 Mil) to Dec. 2023 (NZ$0.00 Mil).

Vital's annual construction in progress declined from Jun. 2021 (NZ$11.84 Mil) to Jun. 2022 (NZ$4.80 Mil) and declined from Jun. 2022 (NZ$4.80 Mil) to Jun. 2023 (NZ$2.86 Mil).

Vital Construction In Progress Historical Data

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

Vital Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Construction In Progress

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9.79

7.81

11.84

4.80

2.86

Vital 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															-	4.80	-	2.86	-

Vital 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.

Vital (NZSE:VTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vital Ltd (NZSE:VTL) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

49 Tory Street, Level 4 and 5, Tower B, Te Aro, Wellington, NTL, NZL, 6011

Website

https://www.vital.co.nz

Vital Ltd provides communication services in New Zealand. The company operates through two segments: Wireless Networks and Wired Networks. The majority of the revenue comes from the Wireless Networks that include traditional mobile radio business along with it is associated with finance leasing, data, and GPS tracking products, and the wireless broadband business. The Wired Networks segment includes the wired broadband business and provides broadband connectivity and ancillary-related services to a range of wholesale customers and end-users.

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