Boart Longyear (ASX:BLY) Construction In Progress : A$31 Mil (As of Dec. 2023)

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What is Boart Longyear Construction In Progress?

Boart Longyear's quarterly construction in progress declined from Dec. 2022 (A$38 Mil) to Jun. 2023 (A$0 Mil) but then increased from Jun. 2023 (A$0 Mil) to Dec. 2023 (A$31 Mil).

Boart Longyear's annual construction in progress increased from Dec. 2021 (A$37 Mil) to Dec. 2022 (A$38 Mil) but then declined from Dec. 2022 (A$38 Mil) to Dec. 2023 (A$31 Mil).

Boart Longyear Construction In Progress Historical Data

The historical data trend for Boart Longyear'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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Boart Longyear Construction In Progress Chart

Boart Longyear Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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39.06

21.04

37.20

38.28

31.02

Boart Longyear 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															37.20	-	38.28	-	31.02

Boart Longyear 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.

Boart Longyear (ASX:BLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Boart Longyear Ltd (ASX:BLY) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

BLYFF:USA 3JO:Germany

Address

2455 South 3600 West, Salt Lake City, UT, USA, 84119

Website

https://www.boartlongyear.com

Boart Longyear Ltd is a U.S.-based ASX-listed company with large market shares in the Global mineral drilling services and drilling equipment industries. The company operates two divisions: Global Drilling Services and Global Products. The Global Drilling Services division that derives the majority revenue operates for a diverse mining customer base spanning a wide range of commodities, including copper, gold, nickel, zinc, uranium, and other metals and minerals. The Global Products division designs, manufactures and sells drilling equipment, performance tooling, down-hole instrumentation, and parts and services.

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