Quipt Home Medical (TSX:QIPT) Construction In Progress : C$0.3 Mil (As of Mar. 2025)

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What is Quipt Home Medical Construction In Progress?

Quipt Home Medical's quarterly construction in progress increased from Sep. 2024 (C$0.5 Mil) to Dec. 2024 (C$0.5 Mil) but then declined from Dec. 2024 (C$0.5 Mil) to Mar. 2025 (C$0.3 Mil).

Quipt Home Medical's annual construction in progress stayed the same from Sep. 2022 (C$0.0 Mil) to Sep. 2023 (C$0.0 Mil) but then increased from Sep. 2023 (C$0.0 Mil) to Sep. 2024 (C$0.5 Mil).

Quipt Home Medical Construction In Progress Historical Data

The historical data trend for Quipt Home Medical'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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Quipt Home Medical Construction In Progress Chart

Quipt Home Medical Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Construction In Progress

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0.49

Quipt Home Medical Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Construction In Progress	Get a 7-Day Free Trial															-	-	0.49	0.54	0.25

Quipt Home Medical 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.

Quipt Home Medical Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Quipt Home Medical Corp (TSX:QIPT) » Definitions » Construction In Progress

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QIPT:USA

Address

1019 Town Drive, Wilder, KY, USA, 41076

Website

https://www.quipthomemedical.com

Quipt Home Medical Corp provides in-home monitoring equipment, supplies, and services to patients. The Company operates in one business segment, which is the sale and rental of medical equipment and related devices. The company's services consist of Daily and Ambulatory Aides, Power Mobility, INR Self-Testing, Respiratory Equipment Rental, Home ventilation, Oxygen Therapy, and Sleep Apnea and PAP Treatment.

Executives