TOYO (Toyo Co) Construction In Progress : $10.3 Mil (As of Dec. 2024)

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What is Toyo Co Construction In Progress?

Toyo Co's quarterly construction in progress declined from Dec. 2023 ($44.1 Mil) to Jun. 2024 ($7.2 Mil) but then increased from Jun. 2024 ($7.2 Mil) to Dec. 2024 ($10.3 Mil).

Toyo Co's annual construction in progress increased from Dec. 2022 ($0.5 Mil) to Dec. 2023 ($44.1 Mil) but then declined from Dec. 2023 ($44.1 Mil) to Dec. 2024 ($10.3 Mil).

Toyo Co Construction In Progress Historical Data

The historical data trend for Toyo Co'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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Toyo Co Construction In Progress Chart

Toyo Co Annual Data

Trend

Dec22

Dec23

Dec24

Construction In Progress

0.52

44.14

10.32

Toyo Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Construction In Progress	0.52	55.06	44.14	7.24	10.32

Toyo Co 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.