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NEC Networks & System Integration (NEC Networks & System Integration) Construction In Progress : $2 Mil (As of Mar. 2024)


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What is NEC Networks & System Integration Construction In Progress?

NEC Networks & System Integration's quarterly construction in progress stayed the same from Sep. 2023 ($0 Mil) to Dec. 2023 ($0 Mil) but then increased from Dec. 2023 ($0 Mil) to Mar. 2024 ($2 Mil).

NEC Networks & System Integration's annual construction in progress declined from Mar. 2022 ($22 Mil) to Mar. 2023 ($5 Mil) and declined from Mar. 2023 ($5 Mil) to Mar. 2024 ($2 Mil).

NEC Networks & System Integration Construction In Progress Historical Data

The historical data trend for NEC Networks & System Integration'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.

* Premium members only.

NEC Networks & System Integration Construction In Progress Chart

NEC Networks & System Integration Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.48 8.19 22.30 5.20 2.20

NEC Networks & System Integration 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.20 - - - 2.20

NEC Networks & System Integration 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.

NEC Networks & System Integration (NEC Networks & System Integration) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » NEC Networks & System Integration Corp (OTCPK:NNSCF) » Definitions » Construction In Progress
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Traded in Other Exchanges
1973:Japan
Address
2-6-1 Koraku, Bunkyo-ku, Iidabashi First Tower, Tokyo, JPN, 112-8560
Website
http://www.nesic.co.jp
NEC Networks and System Integration Corp provides a variety of information technology, or IT, services. The company also sells IT products, which include servers, video conferencing systems, network systems, security systems, and software. The firm's range of services includes office space design, cloud computing, communication, networks, security, energy conservation, public IT infrastructure, and supporting services. More revenue comes from the sale of network-related products and services than any other IT product or service. The vast majority of revenue comes from Japan.