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NTN (STU:NTN) Construction In Progress : €100 Mil (As of Mar. 2024)


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What is NTN Construction In Progress?

NTN's quarterly construction in progress stayed the same from Sep. 2023 (€0 Mil) to Dec. 2023 (€0 Mil) but then increased from Dec. 2023 (€0 Mil) to Mar. 2024 (€100 Mil).

NTN's annual construction in progress increased from Mar. 2022 (€119 Mil) to Mar. 2023 (€122 Mil) but then declined from Mar. 2023 (€122 Mil) to Mar. 2024 (€100 Mil).

NTN Construction In Progress Historical Data

The historical data trend for NTN'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.

* Premium members only.

NTN Construction In Progress Chart

NTN Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 256.52 171.80 119.13 121.75 100.44

NTN 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 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 121.75 - - - 100.44

NTN 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.

NTN (STU:NTN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NTN Corp (STU:NTN) » Definitions » Construction In Progress
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Traded in Other Exchanges
6472:Japan
Address
3-17, 1-chome, Kyomachibori, Nishi-ku, Osaka, JPN, 550-0003
Website
http://www.ntn.co.jp
NTN Corp is a Japan-based company that manufactures and sells bearings, constant velocity joints, precision equipment, aftermarket parts, and other mechanical parts. The company's products are used in a wide range of applications, including automobile, electric vehicle, rolling stock, wind turbine, construction and mining machinery, agricultural machinery, machine tools, office equipment, steel manufacturing machinery, paper manufacturing machinery, food machinery, medical equipment, aerospace, and robots. The company has a global presence, with Japan, the Americas, and Europe the three largest markets for the company.