Volatus Aerospace (Volatus Aerospace) Construction In Progress : $0.36 Mil (As of Dec. 2023)

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What is Volatus Aerospace Construction In Progress?

Volatus Aerospace's quarterly construction in progress stayed the same from Jun. 2023 ($0.00 Mil) to Sep. 2023 ($0.00 Mil) but then increased from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($0.36 Mil).

Volatus Aerospace's annual construction in progress increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.08 Mil) and increased from Dec. 2022 ($0.08 Mil) to Dec. 2023 ($0.36 Mil).

Volatus Aerospace Construction In Progress Historical Data

The historical data trend for Volatus Aerospace'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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Volatus Aerospace Construction In Progress Chart

Volatus Aerospace Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

0.08

0.36

Volatus Aerospace Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial											0.08	-	-	-	0.36

Volatus Aerospace 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.

Volatus Aerospace (Volatus Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Volatus Aerospace Corp (OTCPK:VLTTF) » Definitions » Construction In Progress

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VOL:Canada

Address

60 Airport Road, Lake Simcoe Regional Airport, Oro-Medonte, ON, CAN, L0L 2E0

Website

https://www.volatusaerospace.com

Volatus Aerospace Corp is a provider of integrated drone solutions. It offers a range of solutions and services throughout Canada, the United States, Latin America, and Europe for civilian and military applications, including system and vehicle sales, service and training; aerial inspection and imaging services; data processing and management; system design engineering, research and development, manufacture, and testing.