Confluent (FRA:8QR) Construction In Progress : €12.5 Mil (As of Mar. 2024)

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What is Confluent Construction In Progress?

Confluent's quarterly construction in progress increased from Sep. 2023 (€19.8 Mil) to Dec. 2023 (€25.5 Mil) but then declined from Dec. 2023 (€25.5 Mil) to Mar. 2024 (€12.5 Mil).

Confluent's annual construction in progress increased from Dec. 2021 (€4.5 Mil) to Dec. 2022 (€5.1 Mil) and increased from Dec. 2022 (€5.1 Mil) to Dec. 2023 (€25.5 Mil).

Confluent Construction In Progress Historical Data

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

Confluent Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

0.30

0.97

4.55

5.10

25.52

Confluent Quarterly Data
	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													12.05	16.55	19.82	25.52	12.52

Confluent 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.

Confluent (FRA:8QR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Confluent Inc (FRA:8QR) » Definitions » Construction In Progress

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Traded in Other Exchanges

CFLT:USA CFLT:Mexico 8QR:Germany

Address

899 West Evelyn Avenue, Mountain View, CA, USA, 94041

Website

https://www.confluent.io

Confluent Inc is a new category of data infrastructure designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. Its products include Confluent Platform; Connectors; ksqlDB and others. The company generates revenue from the sale of subscriptions and services. Geographically, it derives a majority of its revenue from the United States. It provides solutions to Financial Services; Insurance; Retail and eCommerce; Automotive; Government and other sectors.

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