K+S AG (K+S AG) Construction In Progress : $525 Mil (As of Dec. 2023)

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What is K+S AG Construction In Progress?

K+S AG's quarterly construction in progress stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($525 Mil).

K+S AG's annual construction in progress increased from Dec. 2021 ($333 Mil) to Dec. 2022 ($397 Mil) and increased from Dec. 2022 ($397 Mil) to Dec. 2023 ($525 Mil).

K+S AG Construction In Progress Historical Data

The historical data trend for K+S AG'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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K+S AG Construction In Progress Chart

K+S AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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516.89

432.73

332.66

396.72

524.54

K+S AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															396.72	-	-	-	524.54

K+S AG 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.

K+S AG (K+S AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » K+S AG (OTCPK:KPLUF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

KPLUY:USA SDF:Italy SDFd:UK 0Q2N:UK SDF:Germany SDF:Germany SDF:Germany SDF1:Germany SDF:Germany SDF:Austria

Address

Bertha-von-Suttner-Strasse 7, Kassel, DEU, 34131

Website

https://www.kpluss.com

K+S AG produces two primary products: fertilizer and salt. The company extracts potash and magnesium primarily in Germany, but it's also ramping up potash production at its new low-cost Bethune mine in Saskatchewan that will eventually produce roughly a third of total potash.