Nikola (WBO:NKLA) Construction In Progress : €89.20 Mil (As of Mar. 2024)

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What is Nikola Construction In Progress?

Nikola's quarterly construction in progress declined from Sep. 2023 (€204.17 Mil) to Dec. 2023 (€124.71 Mil) and declined from Dec. 2023 (€124.71 Mil) to Mar. 2024 (€89.20 Mil).

Nikola's annual construction in progress increased from Dec. 2021 (€91.61 Mil) to Dec. 2022 (€197.47 Mil) but then declined from Dec. 2022 (€197.47 Mil) to Dec. 2023 (€124.71 Mil).

Nikola Construction In Progress Historical Data

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

Nikola Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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3.84

17.44

91.61

197.47

124.71

Nikola 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															221.93	229.79	204.17	124.71	89.20

Nikola 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.

Nikola (WBO:NKLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Nikola Corp (WBO:NKLA) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

NKLA:USA NKLA:Mexico 1NKLA:Italy 0A3R:UK 8NI:Germany

Address

4141 East Broadway Road, Phoenix, AZ, USA, 85040

Website

https://www.nikolamotor.com

Nikola Corp is a designer and manufacturer of battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen fueling station infrastructure.