2U (FRA:2U1) Construction In Progress : €0.0 Mil (As of Mar. 2024)

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What is 2U Construction In Progress?

2U's quarterly construction in progress increased from Sep. 2023 (€0.0 Mil) to Dec. 2023 (€0.1 Mil) but then declined from Dec. 2023 (€0.1 Mil) to Mar. 2024 (€0.0 Mil).

2U's annual construction in progress declined from Dec. 2021 (€5.0 Mil) to Dec. 2022 (€4.4 Mil) and declined from Dec. 2022 (€4.4 Mil) to Dec. 2023 (€0.1 Mil).

2U Construction In Progress Historical Data

The historical data trend for 2U'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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2U Construction In Progress Chart

2U Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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3.89

1.80

5.02

4.37

0.07

2U 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															-	-	-	0.07	-

2U 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.

2U (FRA:2U1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 2U Inc (FRA:2U1) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

TWOU:USA 2U1:Germany

Address

7900 Harkins Road, Lanham, MD, USA, 20706

Website

https://www.2u.com

2U Inc provides educational technology services for nonprofit colleges and universities. It builds, delivers, and monitors educational platforms that enable online delivery of degree programs and alternative credentials such as short technical courses. The company provides cloud-based software-as-a-service platform and various technology-enabled services such as learning technology, live class application monitoring, content development, marketing, among others that help its clients to reach students globally. It is organized in two reportable business segments: Degree Program segment and Alternative Credential segment. The vast majority of revenue comes from the company's Degree Program segment, and most of the company's revenue is earned in the United States.

2U (FRA:2U1) Headlines

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