Parsons (STU:59P) Construction In Progress : €20 Mil (As of Mar. 2024)

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What is Parsons Construction In Progress?

Parsons's quarterly construction in progress increased from Sep. 2023 (€14 Mil) to Dec. 2023 (€19 Mil) and increased from Dec. 2023 (€19 Mil) to Mar. 2024 (€20 Mil).

Parsons's annual construction in progress increased from Dec. 2021 (€11 Mil) to Dec. 2022 (€21 Mil) but then declined from Dec. 2022 (€21 Mil) to Dec. 2023 (€19 Mil).

Parsons Construction In Progress Historical Data

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

Parsons Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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13.27

7.56

11.48

20.72

19.29

Parsons 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															20.20	20.15	14.37	19.29	19.81

Parsons 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.

Parsons (STU:59P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Parsons Corp (STU:59P) » Definitions » Construction In Progress

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PSN:USA 59P:Germany

Address

5875 Trinity Parkway, Suite 300, Centreville, VA, USA, 21120

Website

https://www.parsons.com

Parsons Corp is a provider of technology-driven solutions in the defense, intelligence, and critical infrastructure markets. The business activities of the group are carried out through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment is a high-end service and technology provider to the U.S. government, delivering timely, cost-effective solutions for mission-critical projects, whereas the Critical Infrastructure segment provides integrated design and engineering services for complex physical and digital infrastructure around the globe.

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