NZME (NZSE:NZM) Construction In Progress : NZ$0.9 Mil (As of Dec. 2023)

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What is NZME Construction In Progress?

NZME's quarterly construction in progress declined from Dec. 2022 (NZ$3.8 Mil) to Jun. 2023 (NZ$0.0 Mil) but then increased from Jun. 2023 (NZ$0.0 Mil) to Dec. 2023 (NZ$0.9 Mil).

NZME's annual construction in progress declined from Dec. 2021 (NZ$4.0 Mil) to Dec. 2022 (NZ$3.8 Mil) and declined from Dec. 2022 (NZ$3.8 Mil) to Dec. 2023 (NZ$0.9 Mil).

NZME Construction In Progress Historical Data

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

NZME Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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13.63

2.28

4.01

3.80

0.85

NZME Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial											4.01	-	3.80	-	0.85

NZME 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.

NZME (NZSE:NZM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » NZME Ltd (NZSE:NZM) » Definitions » Construction In Progress

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Traded in Other Exchanges

NZM:Australia

Address

2 Graham Street, Auckland, NZL, 1010

Website

https://www.nzme.co.nz

NZME Ltd is New Zealand based company. The company operates in 3 business segments, 1) Audio segment includes terrestrial radio stations, digital iHeartRadio, podcasts and Radio brand websites. 2) Publishing segment includes print publications (excluding dedicated real estate publications) and digital news websites including nzherald.co.nz. and BusinessDesk. 3) OneRoof segment comprises oneroof.co.nz and dedicated real estate print publications.

NZME (NZSE:NZM) Headlines

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