Comet Holding AG (XSWX:COTN) Construction In Progress : CHF8.4 Mil (As of Dec. 2023)

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What is Comet Holding AG Construction In Progress?

Comet Holding AG's quarterly construction in progress declined from Dec. 2022 (CHF16.4 Mil) to Jun. 2023 (CHF0.0 Mil) but then increased from Jun. 2023 (CHF0.0 Mil) to Dec. 2023 (CHF8.4 Mil).

Comet Holding AG's annual construction in progress increased from Dec. 2021 (CHF5.7 Mil) to Dec. 2022 (CHF16.4 Mil) but then declined from Dec. 2022 (CHF16.4 Mil) to Dec. 2023 (CHF8.4 Mil).

Comet Holding AG Construction In Progress Historical Data

The historical data trend for Comet Holding AG'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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Comet Holding AG Construction In Progress Chart

Comet Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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9.94

7.97

5.69

16.42

8.41

Comet Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															5.69	-	16.42	-	8.41

Comet Holding AG 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.

Comet Holding AG (XSWX:COTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Comet Holding AG (XSWX:COTN) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

COTNz:UK

Address

Herrengasse 10, P.O. Box 141, Flamatt, CHE, 3175

Website

http://www.comet-group.com

Comet Holding AG is a vendor of x-ray, radio frequency (RF) power and ebeam technology. It markets its systems and services, under the Comet, Yxlon and ebeam brands. Yxlon x-ray systems for non-destructive testing are supplied to end customers in the automotive, aerospace, electronics and energy sectors. Under the Comet brand, the group builds components and modules such as x-ray sources, vacuum capacitors, RF generators and impedance matching networks, marketed to manufacturers in the automotive, aerospace, semiconductor and solar industries as well as the security sector. Under the ebeam brand, the group develops and markets compact ebeam sets for the treatment of surfaces in the food and printing industries.

Comet Holding AG (XSWX:COTN) Headlines

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