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Danaos (Danaos) Construction In Progress : $421.9 Mil (As of Mar. 2024)


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What is Danaos Construction In Progress?

Danaos's quarterly construction in progress increased from Sep. 2023 ($289.1 Mil) to Dec. 2023 ($301.9 Mil) and increased from Dec. 2023 ($301.9 Mil) to Mar. 2024 ($421.9 Mil).

Danaos's annual construction in progress increased from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($190.7 Mil) and increased from Dec. 2022 ($190.7 Mil) to Dec. 2023 ($301.9 Mil).

Danaos Construction In Progress Historical Data

The historical data trend for Danaos'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.

* Premium members only.

Danaos Construction In Progress Chart

Danaos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 190.74 301.92

Danaos Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 194.74 215.79 289.15 301.92 421.89

Danaos 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.

Danaos (Danaos) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Danaos Corp (NYSE:DAC) » Definitions » Construction In Progress
Comparable Companies
CMRE SFL NMM ZIM CPLP ASC GNK NAT SB SBLK BOM:532921 HKSE:01919 XTER:HLAG OCSE:MAERSK B SHSE:600018 TPE:2603 TSE:9101 PHS:ICT TSE:9104 HKSE:00316
Traded in Other Exchanges
DVW1:Germany
Address
c/o Danaos Shipping Co. Ltd, 14 Akti Kondyli, Piraeus, GRC, 185 45
Website
https://www.danaos.com
Danaos Corp is an international owner of containerships. It provides international seaborne transportation services by operating vessels in the containership sector of the shipping industry. The company's customer includes CMA-CGM, Hyundai Merchant Marine, MSC, Yang Ming, Hapag Lloyd, ZIM, Maersk, COSCO, OOCL, Evergreen, KMTC, SITC, Niledutch, Samudera and ONE; and for Gemini, MSC, CMA-CGM, Hapag Lloyd and TS Lines. Geographically, the company operates in Australia-Asia, Europe, and America, with maximum revenue from the Australia-Asia region.