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ACEN (PHS:ACEN) Construction In Progress : ₱1,302 Mil (As of Mar. 2024)


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What is ACEN Construction In Progress?

ACEN's quarterly construction in progress increased from Sep. 2023 (₱1,185 Mil) to Dec. 2023 (₱70,013 Mil) but then declined from Dec. 2023 (₱70,013 Mil) to Mar. 2024 (₱1,302 Mil).

ACEN's annual construction in progress increased from Dec. 2021 (₱4,289 Mil) to Dec. 2022 (₱40,713 Mil) and increased from Dec. 2022 (₱40,713 Mil) to Dec. 2023 (₱70,013 Mil).

ACEN Construction In Progress Historical Data

The historical data trend for ACEN'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.

ACEN Construction In Progress Chart

ACEN Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 426.12 6,080.90 4,289.10 40,713.45 70,013.27

ACEN 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 1,048.19 1,382.87 1,185.43 70,013.27 1,301.81

ACEN 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.

ACEN (PHS:ACEN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ACEN Corp (PHS:ACEN) » Definitions » Construction In Progress
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Traded in Other Exchanges
ACPIF:USA
Address
Paseo de Roxas corner Makati Avenue, 35th Floor, Ayala Triangle Gardens Tower 2, Makati, PHL, 1226
Website
https://www.acenrenewables.com
ACEN Corp is a Philippines-based energy provider. The company is mainly involved in the business of Renewables and Thermal energy. It also holds interests in the business of oil and gas exploration and production. The company operates in three segments: The Philippines segment, the International segment, and the Parent and Others segment The Philippines segment, which accounts for the vast majority of its revenue, is into Retail Electricity Supply, Renewables - generation, transmission, distribution, and supply of electricity using renewable sources, Thermal - generation, transmission, distribution, and supply of electricity using the conventional way of energy generation, Project development, Leasing, bulk water supply, and Petroleum and exploration.

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