Altech Co (TSE:9972) Construction In Progress : 円752 Mil (As of Feb. 2024)

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What is Altech Co Construction In Progress?

Altech Co's quarterly construction in progress declined from Aug. 2023 (円1,560 Mil) to Nov. 2023 (円542 Mil) but then increased from Nov. 2023 (円542 Mil) to Feb. 2024 (円752 Mil).

Altech Co's annual construction in progress increased from Nov. 2021 (円1,489 Mil) to Nov. 2022 (円2,080 Mil) but then declined from Nov. 2022 (円2,080 Mil) to Nov. 2023 (円542 Mil).

Altech Co Construction In Progress Historical Data

The historical data trend for Altech 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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Altech Co Construction In Progress Chart

Altech Co Annual Data

Trend

Nov14

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Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Construction In Progress

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273.94

363.74

1,488.67

2,080.15

542.49

Altech Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Construction In Progress	Get a 7-Day Free Trial															2,134.18	1,357.90	1,560.03	542.49	751.65

Altech 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.

Altech Co (TSE:9972) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Altech Co Ltd (TSE:9972) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sumitomo Irifune Bldg, 2nd Floor, 1-1 Irifune 2-chome, Chuo-ku, Tokyo, JPN, 104-0042

Website

http://www.altech.co.jp

Altech Co Ltd is engaged in purchase and sale of industrial machinery and equipments and related services, manufacture and sale of plastic molded products.The company has two reported segments Wholesale business and Preform business. Wholesale business purchases and sells industrial machinery and equipments and provides related services. Preform business manufactures and sells performs for PET bottles, plastic caps and provides related services.

Altech Co (TSE:9972) Headlines

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