Aspen Technology (FRA:YV0) Construction In Progress : €0 Mil (As of Mar. 2024)

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What is Aspen Technology Construction In Progress?

Aspen Technology's annual construction in progress increased from Jun. 2021 (€0 Mil) to Jun. 2022 (€0 Mil) and increased from Jun. 2022 (€0 Mil) to Jun. 2023 (€2 Mil).

Aspen Technology Construction In Progress Historical Data

The historical data trend for Aspen Technology'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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Aspen Technology Construction In Progress Chart

Aspen Technology Annual Data

Trend

Jun14

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Jun23

Construction In Progress

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0.47

1.53

Aspen Technology 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															-	1.53	-	-	-

Aspen Technology 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.

Aspen Technology (FRA:YV0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Aspen Technology Inc (FRA:YV0) » Definitions » Construction In Progress

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Traded in Other Exchanges

AZPN:USA AZPN1:Mexico

Address

20 Crosby Drive, Bedford, MA, USA, 01730

Website

https://www.aspentech.com

Aspen Technology is a global leader in asset optimization software, enabling customers within capital-intensive industries to design, operate and maintain their functions to meet their profitability, safety, and sustainability goals. The heritage business of AspenTech was founded in 1981 and provides software solutions purposed to optimize engineering, manufacturing, and supply chain and asset management functions. In 2021, Emerson Electric traded over $6 billion in cash and its Open Systems International (digital grid management) and subsurface science and engineering businesses for 55% of AspenTech's shares. The new AspenTech is the combination of heritage Aspen, OSI, and SSE and serves more than 3,000 customers across 40 countries.

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