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Wise (WIZEY) Construction In Progress : $0 Mil (As of Sep. 2024)


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What is Wise Construction In Progress?

Wise's quarterly construction in progress increased from Sep. 2023 ($0 Mil) to Mar. 2024 ($7 Mil) but then declined from Mar. 2024 ($7 Mil) to Sep. 2024 ($0 Mil).

Wise's annual construction in progress increased from Mar. 2022 ($0 Mil) to Mar. 2023 ($1 Mil) and increased from Mar. 2023 ($1 Mil) to Mar. 2024 ($7 Mil).


Wise Construction In Progress Historical Data

The historical data trend for Wise'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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Wise Construction In Progress Chart

Wise Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Construction In Progress
Get a 7-Day Free Trial 0.12 0.56 0.26 0.61 6.73

Wise Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.36 0.61 - 6.73 -

Wise 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.


Wise Business Description

Industry
Traded in Other Exchanges
Address
56 Shoreditch High Street, 6th Floor, Tea Building, London, GBR, E1 6JJ
Wise PLC is a currency conversion platform utilizing a peer-to-peer network to reduce transfer costs. The group focuses primarily on private clients and small and midsize enterprises. By operating local accounts in each jurisdiction Wise sends money to or receives money from, this fintech offers faster and cheaper currency transfer services than incumbents (banks). Wise has started to broaden its product offering, issuing its clients debit cards and allowing customers to invest funds into various asset-management products.