Xos (FRA:9KR0) Construction In Progress : €0.27 Mil (As of Mar. 2024)

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What is Xos Construction In Progress?

Xos's quarterly construction in progress declined from Sep. 2023 (€0.33 Mil) to Dec. 2023 (€0.27 Mil) but then increased from Dec. 2023 (€0.27 Mil) to Mar. 2024 (€0.27 Mil).

Xos's annual construction in progress declined from Dec. 2021 (€0.73 Mil) to Dec. 2022 (€0.33 Mil) and declined from Dec. 2022 (€0.33 Mil) to Dec. 2023 (€0.27 Mil).

Xos Construction In Progress Historical Data

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

Xos Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Construction In Progress

0.73

0.33

0.27

Xos Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial										0.32	0.32	0.33	0.27	0.27

Xos 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.

Xos (FRA:9KR0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Xos Inc (FRA:9KR0) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

XOS:USA

Address

3550 Tyburn Street, Unit 100, Los Angeles, CA, USA, 90065

Website

https://www.xostrucks.com

Xos Inc is an electric mobility company. It designs and develops fully electric battery mobility systems specifically for commercial fleets. The company's primary focus is on medium- and heavy-duty commercial vehicles that travel on last mile routes. The company leverages its proprietary technologies to provide commercial fleets zero emission vehicles that are easier to maintain and more cost-efficient on a total cost of ownership basis than internal combustion engine and commercial EV counterparts.

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