Ncino (FRA:6NCA) Construction In Progress : €0.3 Mil (As of Apr. 2024)

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What is Ncino Construction In Progress?

Ncino's quarterly construction in progress declined from Oct. 2023 (€0.5 Mil) to Jan. 2024 (€0.2 Mil) but then increased from Jan. 2024 (€0.2 Mil) to Apr. 2024 (€0.3 Mil).

Ncino's annual construction in progress declined from Jan. 2022 (€11.6 Mil) to Jan. 2023 (€0.6 Mil) and declined from Jan. 2023 (€0.6 Mil) to Jan. 2024 (€0.2 Mil).

Ncino Construction In Progress Historical Data

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

Ncino Annual Data

Trend

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Construction In Progress

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1.85

0.23

11.56

0.63

0.16

Ncino Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Construction In Progress	Get a 7-Day Free Trial															1.43	0.04	0.46	0.16	0.28

Ncino 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.

Ncino (FRA:6NCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ncino Inc (FRA:6NCA) » Definitions » Construction In Progress

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Traded in Other Exchanges

NCNO:USA

Address

6770 Parker Farm Drive, Wilmington, NC, USA, 28405

Website

https://www.ncino.com

Ncino Inc is a provider of cloud-based software for financial institutions. Its software solution digitizes, automates, and streamlines inefficient and complex processes & workflow and utilizes data analytics & artificial intelligence that enables financial institutions to more effectively onboard new clients, make loans and manage the entire loan life cycle, open deposit, and other accounts and manage regulatory compliance. It also offers professional services, including configuration & implementation, training, and advisory services. Ncino generates the majority of its revenue from subscription services. The company caters to global financial institutions, enterprise banks, regional banks, community banks, and credit unions. The vast majority of its revenue comes from the United States.

Ncino (FRA:6NCA) Headlines

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