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Xero (XROLF) Construction In Progress : $0.0 Mil (As of Sep. 2023)


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What is Xero Construction In Progress?

Xero Construction In Progress Historical Data

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

Xero Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Construction In Progress
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Xero Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Xero 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.

Xero (XROLF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Xero Ltd (OTCPK:XROLF) » Definitions » Construction In Progress
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Traded in Other Exchanges
0XE:Germany XRO:Australia
Address
19-23 Taranaki Street, Te Aro, Wellington, NTL, NZL, 6011
Website
https://www.xero.com
Xero is a technology company originating from New Zealand, providing cloud-based accounting software, primarily for small and midsize enterprises, or SMEs, and accounting practices. As a first mover in the space for cloud-based accounting software, Xero has grown quickly to achieve dominant market share in New Zealand and Australia, displacing legacy providers. Xero has also expanded beyond its home region toward other English-speaking countries, primarily the United Kingdom.

Xero (XROLF) Headlines

From GuruFocus

Xero announces CEO succession, Sukhinder Singh Cassidy appointed

By PRNewswire PRNewswire • 11-10-2022