AXT (STU:AHV) Construction In Progress : €33.90 Mil (As of Mar. 2024)

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What is AXT Construction In Progress?

AXT's quarterly construction in progress declined from Sep. 2023 (€39.48 Mil) to Dec. 2023 (€35.29 Mil) and declined from Dec. 2023 (€35.29 Mil) to Mar. 2024 (€33.90 Mil).

AXT's annual construction in progress increased from Dec. 2021 (€28.02 Mil) to Dec. 2022 (€34.63 Mil) and increased from Dec. 2022 (€34.63 Mil) to Dec. 2023 (€35.29 Mil).

AXT Construction In Progress Historical Data

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

AXT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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55.65

20.17

28.02

34.63

35.29

AXT Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															35.79	37.55	39.48	35.29	33.90

AXT 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.

AXT (STU:AHV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » AXT Inc (STU:AHV) » Definitions » Construction In Progress

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Traded in Other Exchanges

AXTI:USA AHV:Germany

Address

4281 Technology Drive, Fremont, CA, USA, 94538

Website

http://www.axt.com

AXT Inc is a developer and producer of compound and single-element semiconductor substrates, also known as wafers. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. It is engaged in the design, development, manufacture, and distribution of high-performance compound semiconductor substrates and the sale of materials. The company provides alternative or specialty materials in the form of substrates or wafers, including compound and single-element substrates. Its compound substrates combine indium with phosphorous or gallium with arsenic. Geographically firm has its business presence across the region of Europe, Japan, Taiwan, China, North America, and the Asia Pacific from which China derives its maximum revenue to the company.

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